Scott Seaman to Speak on Insurance Coverage and Settlements for Below Policy Limits

February 27, 2024

Hinshaw partner Scott Seaman—the co-chair of the firm's global Insurance Services Practice Group— is scheduled to co-present a CLE webinar titled "Horizontal vs. Vertical Exhaustion of Insurance: Priority of Coverage and Settlement for Below Policy Limits" on February 27, 2024.

When a loss occurs over multiple years and policies, insurance lawyers can face challenges in accessing excess coverage from a single insured. Resolving these disputes requires understanding policy language, contracts, and relationships between insurers.

The panelists will discuss coverage, policy triggers, and excess carrier issues, including:

I. Overview of horizontal and vertical insurance coverage in the additional insured context
II. The priority of coverage between the primary carrier and excess insurer and the triggering of excess insurance
III. The dichotomy of views among states and recent case law
IV. Strategies for resolving issues when the primary carrier settles for less than the policy limits

For more information, visit Strafford's website.