Loss Scenario Mock Trial Part 2: The Trial
About
Please join us for part two of a two-part webinar series presented by the Legal & Regulatory IG that will cover aspects of the underwriting, claims handling, and insurance-related litigation process via a "mock-trial" format. A loss scenario will be dramatized via a role play format and a lawsuit will be commenced. Part 2 will cover the trial of the case presented in Part 1. Key takeaways from this webinar include: • Understanding the duty of care that an agent and broker owes to an insured during the underwriting process • Understanding how brokers’ practices in communications and creation of expectations on the part of insurance buyers may affect the scope of brokers’ duties of care • Discussing the insured and insurers reciprocal duty of good faith and fair dealing • Discussing the scope and limitations of typical commercial property coverages in the face of a storm losses • Discussing how professional liability claims against insurance brokers are resolved, including use of lawsuits for damages • Understanding the role and use of expert witnesses in the preparation and trial of professional liability and coverage disputes

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Format
Webinar
Career Level
Operational
Category
Legal and Regulatory Environment
Industry > Functional Areas > Legal
Duration
60 mins
CPCU In Good Standing Credit
1.00
Interest Group Collaboration
IGLCREW
Series Name
Loss Scenario Mock Trial Series
Published Date
2/15/2024