It is an all too common scenario. A policyholder is the target of a lawsuit and makes a claim to its insurer.
Issues Regarding the Reasonableness of Settlement in London Coverage Arbitration
It is important to recognize early on if an insurance policy with a London arbitration provision, or any international arbitration provision, may be called on to contribute to the settlement of a lawsuit. By creating that awareness early on, there is an opportunity to build a stronger record to support the reasonableness of any settlement and to maximize the insured's ability to obtain coverage.
By
Kenneth A. RemsonThis premium content is locked for LawJournalNewsletters subscribers only
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