When Words Matter: Lessons from 3M's Self-Insured Retention Fight
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When Words Matter: Lessons from 3M's Self-Insured Retention Fight
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In this episode of Don't Take No For an Answer, Eric Jesse and Alexander B. Corson review an update in the 3M self-insured retention decision after the Delaware Supreme Court closely ruled in favor of the insurer. The majority ruling enforced unusual language in a legacy CGL policy despite the dissent's view that the ruling elevated form over substance. Jesse and Corson advise policyholders to pay close attention to policy language and to be on the lookout for traps, even those that seem like a "pointless formality."
Listen to the previous episode on this matter here.
Speakers:
Eric Jesse, Partner, Insurance Recovery
Alexander B. Corson, Associate, Insurance Recovery
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