Lashly & Baer attorney Patrick E. Foppe along with co-authors Stephen Johnson, and Bryan Currie discuss “Avoiding Traps in Policy Limit Demands & Balancing Liability Excess Insurance Towers,” in the July/August 2024 issue of For the Defense, a DRI magazine.
Managing catastrophic trucking claims and navigating layered insurance policies require a strategic approach to balance policy limits and mitigate liability risks. This article highlights key strategies for handling policy limit demands, avoiding bad faith claims, and addressing excess insurance layers. By understanding the dynamics of liability coverage, employing clear communication, and proactively negotiating, attorneys can protect clients while managing high-risk claims in the complex world of layered insurance policies.