Focus (Forum & Focus)
May 14, 2008
Giving Notice
Some insurers are now seeking to use the technical measure of giving precautionary notice as a basis to assert the prior notice exclusion as a complete defense to coverage, write Amy Fink and Doug Gastelum. - Focus Column
By Amy Fink and Doug Gastélum
This article appears on Page 7
Upon becoming aware of a claim, a prudent policyholder should preserve its insurance assets and provide notice of the claim under all potentially applicable policies. Indeed, if notice is not promptly given, a policyholder may be confronted with "late notice" arguments or miss the window of time to report under a claims-made policy. However, some insu...
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