This session provides a basic introduction to insurance coverage generally and the types of issues that typically arise when policyholders seek coverage under those policies. We start with the basics, outlining the difference between first party and third-party claims, which provides a foundation for our discussion. We then discuss the following insurance policies, providing a brief description of what they typically cover: commercial general liability policies; property policies; directors & officers liability policies; errors & omissions liability policies; employment practices liability policies; commercial crime or fidelity policies; cyber policies; and contamination and recall policies.

We offer real examples of challenges policyholders face in attempting to procure coverage, from the time of the loss, to providing notice, to subsequent litigation. Our presentation then highlights some interesting cases, their facts, and the ultimate holdings. We provide practical tips regarding the application process, providing notice, and potential alternatives to litigation.

Learning Objectives

1. Introduce several different types of insurance policies.
2. Discuss what those insurance policies typically cover.
3. Provide examples of common issues that arise in seeking coverage under those policies.
4. Discuss how courts have dealt with certain types of insurance claims.
5. Provide practical tips on common insurance-related claim issues.

To learn more about this CLE program, click here.