Coverage Traps: How Insurance Companies Try to Use Past Events to Defeat Coverage of New Claims

Claims-made policies say they cover claims first made and reported during the policy period. Once the policyholder has timely reported a claim, there’s nothing further to worry about, right? Wrong. Insurance policies come with a number of trap doors that can threaten or defeat coverage of otherwise covered claims based on events happening prior to when the claim was made.

Join Barnes & Thornburg’s Insurance Recovery and Counseling Practice Group for a 60-minute CLE webinar exploring how insurance companies set these traps, and how policyholders can avoid them.

The presentation focuses on the following questions:

• What are some of the key differences between “occurrence” and “claims-made” policies? How do these differences impact coverage?
• How do insurance companies create coverage traps in claims-made policies based on events prior to the policy period?
• What practices should policyholders consider to avoid stepping into these traps?
• What kinds of policy language should policyholders be watching out for?

1.0 hour CLE credit pending

Questions? Contact Jodie Daugherty at jdaugherty@btlaw.com or (317) 261-7922.