i can’t get them to settle…. singin’ the pl blues moderator: r. damian brew, esq., managing...
TRANSCRIPT
I Can’t Get ThemI Can’t Get Themto Settle…to Settle…
Singin’ The PL BluesSingin’ The PL Blues
MODERATOR:
• R. Damian Brew, Esq., Managing Director, National Claims Advocacy Practice Leader, Marsh Inc. FINPRO
PANELISTS:
• Nicole M. Baummer, Esq., Assistant Vice President, Allied World Assurance Company
• Linda G. Burwell, Esq., Principal, Nemeth Burwell PC
• Irene Petillo, Esq., Vice President, Chubb & Son, a division of Federal Insurance Company
• Kim W. West, Esq., Partner, Tucker Ellis & West LLP
AgendaAgenda
• Impact of policy provisions on the process
• Issues to assess when considering settlement opportunities
• Roles of the various parties in settlement negotiations
• Managing the settlement dynamics
• Q&A
Impact of Policy Provisions Impact of Policy Provisions on the Processon the Process
• Duty to defend v. indemnity policies
• Consent to settle language
• Issues unique to excess policies
Issues to Assess When Considering Issues to Assess When Considering Settlement OpportunitiesSettlement Opportunities
• Handling communications and requests for information
• Privilege issues impacting settlements
• Handling requests for waivers
Roles of Various Parties in Roles of Various Parties in Settlement NegotiationsSettlement Negotiations
• Role of the broker or intermediary
• Role of counsel
• Managing expectations
• Interests of primary and excess insurers
Managing the Settlement DynamicsManaging the Settlement Dynamics
• When and how to use a mediator
• “Other insurance” issues
• Other related business issues
QuestionsQuestions&&
AnswersAnswers
Many thanks to …Many thanks to …
• Damian Brew
• Nicole Baummer
• Linda Burwell
• Irene Petillo
• Kim West