New York, NY, November 25, 2017 --(PR.com
)-- The Knowledge Group/The Knowledge Congress Live Webcast Series, the leading producer of regulatory focused webcasts, has announced today that Scott Ostericher, Partner, Vocke Law Group LLP will speak at the Knowledge Group’s webcast entitled: “Bad Faith Claims and Extra Contractual Liability: Things You Need to Know LIVE Webcast.” This event is scheduled for Tuesday, December 5, 2017 @ 3:00 PM to 4:30 PM (ET).
For further details, please visit: https://www.theknowledgegroup.org/webcasts/risk-and-compliance/insurance-risk-and-compliance/bad-faith-claims-and-extra-contractual-liability
About Scott Ostericher
Scott concentrates his practice on matters relating to insurance and reinsurance dispute resolution and counseling. This includes complex insurance coverage and bad faith claims, internal investigations, commercial contract disputes, and business tort claims. He has over 21 years of experience providing insurers and reinsurers strategic guidance and representation in negotiations, mediations, arbitrations, and litigations in state and federal courts throughout the United States. These matters have involved underlying claims such as environmental, financial, construction, sexual assault, products liability, employment-related claims, property losses, as well as catastrophic losses. In addition to litigating such cases, Scott counsels insurers on policy language.
He is a former partner at Locke Lord LLP, an assistant general counsel at General Re-corporation and Vice President and Claims Counsel for General Star and Genesis.
About Vocke Law Group LLP
As former “big law” trial partners, as well as former senior insurance executives, the Vocke Law Group LLP has deep experience in tackling the C-suite challenges posed by high-stakes litigation, internal investigations, crisis management, and whistleblower complaints. We have devised pragmatic solutions to complex regulatory and governance demands facing financial-service companies, both domestic and multinational. We have successfully resolved seven, eight, and nine-figure cases around the country in federal and state courts, as well as in arbitral forums, through final appeal. Whether you have a mass tort, a high-profile class action or a precedential coverage action, we have a long track record of pursuing winning strategies.
When an insurance company is proven to have deliberately breached its duties to a policyholder, bad faith lawsuit arises. This problem is one of the main concerns in the insurance industry today, especially that the number of bad faith claims and lawsuits continues to increase.
An insurer that is found guilty of bad faith could face several punishments and be held responsible for many damages. One of these is the extra-contractual damages, a form of punitive damages that are outside of a contract of insurance.
In this Live webcast, a panel of key thought leaders organized by The Knowledge Group will provide the audience with the recent developments in Bad Faith Litigation. Listen as they discuss the recent claims and lawsuits involving bad faith. Speakers will also offer helpful tips for insurers to avoid the risks of such claims.
Key topics include:
§ Bad Faith Claims – Surface Discussion
§ The Duties of an Insurer
§ First-Party versus Third-Party Bad Faith
§ Latest Trends and Developments
§ Implications of a Bad Faith to an Insurance Company
§ Helpful Tips for Insurers
About The Knowledge Group/The Knowledge Congress Live Webcast Series
The Knowledge Group was established with the mission to produce unbiased, objective, and educational live webinars that examine industry trends and regulatory changes from a variety of different perspectives. The goal is to deliver a unique multilevel analysis of an important issue affecting business in a highly focused format. To contact or register for an event, please visit: http://theknowledgegroup.org/