Bankruptcy Issues for an Insurance Carrier When an Insured Files for Bankruptcy

Accreditation Wreath Icon AL
SKU: BNK2100
All Courses Available iOS/Android Web

All Courses Available iOS/Android Web

About This Course

Designed for insurance practitioners, this CLE course will focus on issues related to underwriting, and coverage or claims adjustment. The course will explain the credit risks for insurers for unpaid premiums, self-insured retention and preference, fraudulent transfer and other voidable transfer claims. The course will cover bankruptcy filing and its potential erosion of policy limits as well as the impact of policy-altering reorganization plans. The course will conclude with a review of the circumstances which allow an insurer to make claim payments without violating bankruptcy stays.
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