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Focus (Forum & Focus)

Jun. 12, 2007

Settling With Reservations

Focus Column - By Jeff Kichaven - Jeff Kichaven offers a few suggestions to make insurance mediation a more amicable process.

FOCUS COLUMN

By Jeff Kichaven

      Pity the poor plaintiff at the mediation of a third-party claim being defended by an insurance carrier under a reservation of rights.
      This lonely soul has been "mediated-upon" and has finally lowered her settlement demand to a reasonable number. Still, no deal. The mediator spends hours with the policyholder-defendant and its carrier, but to no avail. The med...

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