Bill Keville Spoke at CLM's 10th Anniversary Conference
Bill was part of a panel presentation entitled, “The Duty to Initiate Settlement Discussions without a Demand by the Claimant.” Key takeaways from the discussion included:
1. The duty to initiate settlement is a hot issue and has generated significant recent debate.
2. Even if your state has the duty to initiate settlement discussions, an insurer who develops processes and trains on them will be ahead of the game.
3. Officially, the Restatement of the Principles of the Law of Liability Insurance is likely to take a neutral position on the subject in the much anticipated revision to Section 24 which is due to come out in May.
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