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Description: When the agent binds the insurer to an unacceptable risk, does the agent owe a duty to indemnify the insurer? When an authorized agent is wrongly sued by the insured, does the insurer have a duty to indemnify the agent’s defense costs? These issues of cross indemnity between insurers and agents arise frequently in agents E&O litigation, either as crossclaims in the E&O case itself or as derivative claims. Yet the legal standards for these indemnity claims are not entirely clear in all states. What should the law be? In addition to the lack of legal clarity, indemnity claims often create a conflict between the agent and insurer, in E&O litigation where they would like to retain a united front. How is this best managed? This CLE provides an overview of the legal standards for indemnity between agents and insurers. It also provides practical tips on resolving these important claims without breaking the united front in the E&O case. This program will be of interest to defense counsel for agents, coverage counsel for insurers, E&O claims people, and E&O risk managers.
 | | Practice Areas: | | Insurance Law | | | Online Media Type: | | Audio | | | Production Date: | | 10/24/2013 12:00 PM EDT | | | Level: | | Intermediate | | | Category: | | Standard | | | Duration: | | 1 Hours, 0 Minutes | | | Online Format: | | Live | | | Course Type: | | Public |
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Purchase of this product provides online access for 180 days. If you are purchasing a live webcast, you will receive complimentary access to the on demand version for 180 days once it becomes available. Please note that the on demand and podcast versions may, or may not be accredited in your state.
If you intend to take a course for CLE credit, please make sure your state is listed in the "Accreditation" section to the upper right of the program description. Accreditation displayed is unique to the purchased program format (live conference, live webcast, on demand, podcast). Credit totals listed for live conferences are the maximum credits available. Credits issued will be based upon actual time in attendance. Credit totals for other formats are for complete programs. Partial credit is not available for any online or downloadable format.
West LegalEdcenter will not provide accreditation for states not listed.
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This product is intended for individual use by the named purchaser. Group viewings for online programs may be arranged for five or more attorneys within the same organization prior to viewing by emailing west.wlec-sales@thomson.com.
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| | • | Britton Weimer - Founding Partner, JonesSatre&Weimer PLLC |
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