When Uncle Sam Comes Calling

 Friday, March 20, 2020

 CLM Magazine

Government regulators and agencies are vested with increasingly significant powers to investigate—and potentially prosecute—companies and individuals suspected of wrongdoing.

Such investigations are fraught with insurance implications, including, critically, whether and when such an investigation constitutes a claim under an insured’s professional liability policy, thereby triggering a carrier’s defense obligations.

Not surprisingly, the answer depends on the policy’s definition of “claim,” and also varies by jurisdiction. Yet, there are common considerations that often guide courts in making such determinations.

While some policies include governmental subpoenas or other investigations in their definition of “claim,” the most common definition is “a demand for monetary or non-monetary relief.”
Education & TrainingLitigationLiability
BROWSE RELATED NEWS ARTICLES

To Attract Employees, Stop Calling It Insurance

 Tuesday, January 28, 2020

 Insurance Nerds

Advocacy Based Claims Comes Of Age At NWCDC

 Tuesday, December 11, 2018

 WorkersCompensation.com

Future Of P&C Tech Comes Into Focus

 Thursday, July 12, 2018

 Insurance Thought Leadership

Texas Harvest resumes; extent of storm damage unclear

 Wednesday, October 27, 2010

 Lubbock Avalanche-Journal

Obama Signs Flood Program Extension, But Industry Calling For Major Reforms

 Monday, October 11, 2010

 National Underwriter Property & Casualty