IRS Form 1099, 1099-NEC, and Form 1099-MISC: Advanced Issues and Updates

Allocation and Reimbursement of Defense Costs: Insurer’s Duty to Defend

$149.00

SKU: 411464

Description

Gain an understanding of how defense costs are allocated and reimbursed under various types of insurance policies.
This topic will provide an overview of insurance coverage for defense of thirdparty claims and suits, focusing on how defense cost coverage is allocated, and defense costs reimbursed under different types of insurance policies, among insurers, and between insurers and insureds. Areas addressed will include critical components of the duty to defend, key principles of defense coverage provided under duty to defend, defense cost advancement, and defense cost reimbursement types of policies, the methodology used in allocating defense costs between and among different insurers, different types of coverages, and insureds, and circumstances in which insurers may claw back defense payments previously made to insureds. The topic will be beneficial to coverage counsel for insurers and insureds, defense counsel involved in representing insureds in defense coverage situations, and risk management and insurance professionals.

Date: 2024-07-30 Start Time: 1:00 PM ET End Time: 2:05 PM ET

Learning Objectives

Overview — Defense Coverage
• The Duty to Defend
• Defense Cost Advancement
• Reimbursement/Indemnification of Defense Costs

Duty to Defend – Key Principles
• Determining Existence of Duty to Defend
• Defending Under a Reservation of Rights

Allocation of Defense Costs
• Among Multiple Primary Insurers
• Among Claims Made and Occurrence Policies
• Among Insurers and Insured

Insurer Claw Back or Reimbursement of Defense Costs From Insured
• Under Duty to Defend Policies
• Under Defense Cost Advancement Policies
• Under Defense Cost Reimbursement/Indemnification Policies

CLE (Please check the Detailed Credit Information page for states that have already been approved) ,NALA ,Additional credit may be available upon request. Contact Lorman at 866-352-9540 for further information.

Kevin B. Dreher-Barnes & Thornburg LLP, Haley A. Hinton – Barnes & Thornburg LLP, Thomas A. Marrinson – Reed Smith LLP

IRS Form 1099, 1099-NEC, and Form 1099-MISC: Advanced Issues and Updates

Allocation and Reimbursement of Defense Costs: Insurer’s Duty to Defend

$149.00

SKU: 410810

Description

Gain an understanding of how defense cost is allocated and reimbursed under various types of insurance policies.
This topic will provide an overview of insurance coverage for defense of thirdparty claims and suits, focusing on how defense cost coverage is allocated and defense costs reimbursed under different types of insurance policies, among insurers, and between insurers and insureds. Areas addressed will include critical components of the duty to defend, key principles of defense coverage provided under duty to defend, defense cost advancement, and defense cost reimbursement types of policies, the methodology used in allocating defense costs between and among different insurers, different types of coverages, and insureds, and circumstances in which insurers may claw back defense payments previously made to insureds. The topic will be beneficial to coverage counsel for insurers and insureds, defense counsel involved in representing insureds in defense coverage situations, and risk management and insurance professionals.

Date: 2023-07-28 Start Time: 1:00 PM ET End Time: 2:05 PM ET

Learning Objectives

Overview — Defense Coverage
• The Duty to Defend
• Defense Cost Advancement
• Reimbursement/Indemnification of Defense Costs

Duty to Defend – Key Principles
• Determining Existence of Duty to Defend
• Defending Under a Reservation of Rights

Allocation of Defense Costs
• Among Multiple Primary Insurers
• Among Claims Made and Occurrence Policies
• Among Insurers and Insured

Insurer Claw Back or Reimbursement of Defense Costs From Insured
• Under Duty to Defend Policies
• Under Defense Cost Advancement Policies
• Under Defense Cost Reimbursement/Indemnification Policies

CLE (Please check the Detailed Credit Information page for states that have already been approved) ,NALA ,Additional credit may be available upon request. Contact Lorman at 866-352-9540 for further information.

Kevin B. Dreher-Barnes & Thornburg LLP, Thomas A. Marrinson – Reed Smith LLP