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Analysis

9th Circ. Buoys Policyholders In Excess Settlement Fights

By Jeff Sistrunk (March 22, 2017, 9:17 PM EDT) -- The Ninth Circuit refused Tuesday to disturb California appellate precedent establishing that an excess insurance carrier must either approve a policyholder's settlement of a covered claim or assume the insured's defense if it wishes to avoid litigation, giving policyholders more leverage to secure reluctant excess insurers' participation in settlement talks....

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