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What to Do When Your Company Gets Sued and How to Prepare- By Compliance Global Inc.

Online Event
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Overview

Overview:

When a company is sued it must immediately provide notice to its liability insurer, work with the liability insurer to assist in the defense of the suit and obtaining indemnity needed. The webinar explains how to obtain the appropriate business insurance and deal with your insurer and the litigation.

Dealing with business liability insurance litigation is stressful and difficult for the person or entity without experience.

Why Should You Attend:

What is liability insurance?
How do I acquire appropriate liability insurance?
How to make insurance work to my benefit after being sued
How to use your insurer to obtain appropriate defense counsel
A lawsuit can destroy the reputation of your company
A lawsuit can reduce available assets
A lawsuit will take executives away from their obligations

Areas Covered in this Webinar:

Explains what a lawsuit is
Explains the type of lawsuits
Explains the need for risk management process
Explains how to do a risk management plan
Explains how insurance can be a profit center for a business
Explains what is insurance
Explains what must be considered when sued
Explains the need for insurance
Covers the use of Surplus Line foreign insurers
Explains the duty of an insurer to defend its insured
Explains the covenant of good faith and fair dealing
Explains the tort of bad faith
Explains the tort of bad faith’s importance to a business
Why it is in the best interest of the business and the insurer to refuse to settle a tort suit
Why a business wants to incur millions for defense
The duties of the business once it is sued
The right to independent counsel
How to manage independent counsel
How to Manage the insurer
What to do when there is no insurance coverage

Learning Objectives:

Litigation responses
The need for liability coverage
Use of liability insurance to protect the company
Use and control of counsel

Who Will Benefit:

Business Owners
Corporate Risk Managers
Corporate Officers of Business Partners
CFOs
House Counsel
Corporate Counsel
Trial Counsel

Speaker Profile:

Barry Zalma, Esq., CFE, practiced law in California for more than 44 years as an insurance coverage and claims handling lawyer and more than 49 years in the insurance business. He now limits his practice to service as an insurance consultant and expert witness specializing in insurance coverage, insurance claims handling, insurance bad faith and insurance fraud almost equally for insurers and policyholders. He also serves as an arbitrator or mediator for insurance related disputes.

For more detail please click on this below link:

https://complianceglobal.us/product/700489

Email: referrals@complianceglobal.us
Toll Free: +1-844-746-4244
Tel: +1-516-900-5515

Fax: +1-516-900-5510

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