The Prudential Need For Insurer Access To Information

Law360, New York (January 11, 2017, 11:20 AM EST) -- Jason P. Cronic

Leland H. Jones IV The disclosure of documents and information to a professional liability insurer is fundamental to a policyholder’s obligation to cooperate with its insurer in the defense and settlement of a claim. In most policies, an insured is contractually obligated to provide its professional liability insurer with all information, assistance, and cooperation that the insurer may reasonably request. This provision ensures that the carrier will receive sufficient information about the claim so that it can fully evaluate the potential liability to...
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