Fullerton Beck partner Edward Guardaro will speak in an upcoming Strafford live video webinar, “Insurance SIRs and Deductibles: Impact on Satisfaction of SIRs, Policy Limits, Duty to Defend, and Additional Insureds.” This important session is scheduled for Thursday, April 3, from 1:00 PM to 2:30 PM EDT.
With many companies increasing their self-insured retentions (SIRs) and deductibles to manage insurance costs, counsel must understand the implications of these risk retention strategies on coverage, defense obligations, and claims settlement.
Ed and his fellow panelists will explore key legal and practical considerations, including:
- The primary differences between SIRs and deductibles and their impact on policy limits and defense costs.
- Who can satisfy a SIR or deductible—must the insured pay, or can payments from “other insurance” be applied?
- When the insurer’s duty to defend attaches—does it begin before or after the SIR is exhausted?
- Challenges in claims settlement and litigation, including insurer obligations when an insured is insolvent.
A live Q&A session will follow the presentation.
More information and registration are available on the event website.