Insurance Coverage Under North Carolina Law: Having the Right Protections for Your Business, and Effectively Litigating Coverage DisputesPDF
Bryon's South End
101 W. Worthington
Charlotte, North Carolina
R. Steven DeGeorge, John B. Garver, III and Kate E. Payerle presented Insurance Coverage Under North Carolina Law: Having the Right Protections for Your Business, and Effectively Litigating Coverage Disputes to the Association of Corporate Counsel-Charlotte Chapter on Wednesday, November 7, 2012.
Insurance is a necessary and often expensive cost of doing business, and the unique insurance needs of any particular business are determined by its nature, size and risk tolerance. These factors change over time for most enterprises, triggering changes in insurance needs. Appropriate insurance protection also is influenced by external forces, such as changes in the law, and ever-increasing reliance on computers for communications, billing/collection and data storage. The presenters discussed why every business, typically through its inside counsel, is wise to consider its insurance coverage needs periodically to ensure the right types and amounts of coverage are in place.
Even the most carefully-crafted insurance program will not entirely prevent coverage disputes. Indeed, the struggling economy has made some insurers more obdurate than ever on their coverage positions. Tactics and strategies to successfully litigate insurance coverage disputes were also discussed.