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AICPA

Insurance Law Principals Present CLE Webinar on First and Third-Party Bad Faith Claims for Strafford on Dec. 14

On December 14, 2023 at 10:00 am ET, Insurance Law Principals Anthony Miscioscia, Celestine Montague, and Bryan Shay and Insurance Law Department Vice-Chair Steven Schildt presented the CLE webinar, "Managing and Litigating First and Third-Party Bad Faith Claims: Insurer Strategies for Addressing Unique Challenges," for Strafford. 

The webinar discussed managing and litigating first and third-party bad faith claims from the insurer's perspective, focusing on the unique challenges bad faith claims present at all stages of the litigation process, and offered strategies for addressing them. The panel addressed these and other key issues:

  • Overview of bad faith
  • The right and duty to settle third-party claims
  • Acting in good faith and time-limited demands
  • Managing and litigating the bad faith claim
  • The difference between the legal standards for first versus third-party bad faith
  • How the reservation of rights letter can help avoid or lead to allegations of bad faith
  • Best practices for reviewing the obligation to settle