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VIDEO · 16 JUNE 2016

Five Things You Need To Know About D&O Insurance: 4) Improper Defense Tactics (Video Content)

Our fourth entry in our series of Five Things You Need To Know About D&O Insurance is Improper Defense Tactics. Defense should be a simple issue.

United StatesInsurance

Our fourth entry in our series of Five Things You Need To Know About D&O Insurance is Improper Defense Tactics. Defense should be a simple issue. If the insurance carrier defends, they should pick up one hundred percent of a policyholder's legal fees. This, unfortunately, is not often the case. Carriers have a raft of ways to cover a claim, but limit how much they pay. This video addresses some of the ways insurance carriers attempt to justify paying less than 100 percent of total defense costs incurred.

The starting point for any defense is selection of counsel. If the policy requires selection from panel counsel, the good news is that panel counsel lawyers, at least for certain insurers, are excellent lawyers.

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