March 4, 2025
On March 4, 2025, the London Fischer panel discussed when and how an insurer should respond to a policy limit demand (“PLD”). The panel offered examples from multiple jurisdictions including those with statutes and/or common law governing PLDs. They also provided practical tips for responding to a PLD. Since claimants across the country continue using PLDs to exert pressure on insurers, it is critical for insurers to have proper protocols in place to ensure timely and appropriate responses.