Insurance Webinar Series: Insurance Applications: Best Practices and the Consequences of Missteps

Insurance applications are emerging as the first place insurers look to deny coverage. These often-contentious coverage fights are avoidable and, given their increasing frequency, emphasize the need for risk managers and brokers to put renewed focus on the application process.

This program addressed emerging trends, practical advice, and key pitfalls to avoid in the application process. We also shared case studies in which applications for insurance have resulted in heavy litigation and, at times, unfortunate results for commercial policyholders.

Topics Included

• A tour of the insurance application process and how to set your company up for success when applying for insurance;
• The consequences of errors or alleged misrepresentations in an insurance application, with a focus on the outcomes of application-based coverage denials in Washington and Oregon;
• Policyholder defenses to application-based coverage denials and claim strategy in light of potential application-based coverage issues.