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RAA 2011 Current Issues Forum

Event | 05.18.11 - 05.19.11, 12:00 AM UTC - 12:00 AM UTC

Address

Top of the Tower

The Current Issues Forum explores issues that drive the reinsurance business and its ability to compete and be financially robust.  This year's program features respected industry leaders who will share their unique insight and perspective on prevailing political, economic and market dynamics.  Industry professionals won't want to miss the Forum and the opportunity to network with their peers.

Patricia Connally will speak to the joint meeting of the claims and underwriters on May 18th, Joint Claims and Emerging Issues working group.

Click for the event agenda [PDF]

For more information, please visit these areas: Reinsurance, Insurance / Reinsurance

Insights

Event | 02.20.25

Has the Buss Stopped? Recoupment Today

Has the Buss Stopped? Recoupment Today: In 1997, the California Supreme Court decided Buss v. Superior Court. In Buss, the court concluded that a liability insurer that defended a mixed action could seek reimbursement from the insured for the defense costs associated with the claims that were not even potentially covered. Since then, numerous courts have held that insurers are entitled to recoup their defense costs associated with uncovered claims or causes of action. On the other hand, a significant number of courts have rejected insurers’ right to recoupment, at least in the absence of a policy provision granting the insurer that right. Some commentators have even suggested that the current judicial trend might be away from permitting insurers to recoup their defense costs. Is that correct? Has the Buss stopped? This panel of coverage experts will analyze insurers’ claimed right to recoupment today, and offer their perspectives on what the law on recoupment should perhaps be and might be in the future.