Prerequisites: Prerequisite: Principles of Insurance (7675).
Grading Basis: Graded
Parties to insurance disputes increasingly resort to litigation. This course examines a variety of cases and issues, some of them on the front pages of today's papers. Cases studied will involve disputes stemming from environmental disasters, the destruction of the World Trade Center, fallout from the sub-prime meltdown, corporate scandals and major insurance company failures, and the asbestos liability crisis. The course will examine commonly disputed liability insurance issues, exploring their strategic implications in the contexts of coverage litigation, arbitration and settlement negotiation. There will be class exercises and a final exam. Prerequisite: Principles of Insurance.