July 25, 2024 | The Legal Intelligencer
A Day Late and an Exclusion Short: Consequences of Drafting an Inadequate Reservation of Rights LetterWhile usually seen as a standard, boilerplate letter, attorneys must be cognizant of the obligations imposed on them across the states to ensure that a Reservation of Rights letter complies with each state's specific requirements on the timing of delivery of the letter and the content of the letter to preserve its defenses and avoid prejudicing the insured.
By Loren L. Pierce and Daniel P. Murray
8 minute read