This CLE webinar will guide counsel who draft coverage position letters (CPLs) on how to craft a valid CPL and how to avoid waiving defenses when proceeding under a reservation of rights (ROR), and guide counsel who advise clients receiving CPLs on their effect. The program will show insurer counsel the necessity of careful drafting and the risks of waiving coverage defenses. Similarly, they will provide useful information for policyholder counsel regarding how to review, analyze, and, if necessary, respond to CPLs. The program will discuss critical issues that arise from a defense under an ROR, including the insurer’s possible right to reimbursement of defense costs, potential conflicts of interest, control of the defense, and the impact of an ROR on defenses not explicitly waived.

Listen as the panel guides counsel who draft CPLs on crafting a valid CPL and avoiding waiving defenses when proceeding under an ROR, as well as guides practitioners who advise clients receiving CPLs on their effect.