Duty To Settle — Exhaustion, Commercial And Professional Liability Insurance

Ch. 16, IICLE (2014)

This is a chapter in the Illinois Continuing Legal Education text on insurance coverage. It involves excess exposures vis a vis policy limits and policy limit demands. The chapter deals with the “ins and outs” a liability insurer’s recognition of excess exposures and when there is a duty to pay policy limits for the benefit of an insured and/or an excess liability insurer. It also discusses potential “extra contractual” liability in extraordinary policy limits cases.

"The law is not an inflexible structure whose walls restrain progress. Rather, it needs to be nudged molded and shaped. An able advocate best represents his client by convincing the Courts of that fact."

John E. Cassidy. Sr. (1896-1984)
Firm Founder Illinois Attorney General (1938-1940)