Modeling Your Way to a Successful Coverage Outcome

Insurance coverage disputes often involve numerous open-ended variables and competing arguments about, among other things, which policy should respond to the underlying matter. This dynamic can make it difficult to calculate the value of any individual coverage argument, much less to accurately assess how the combination of several arguments affects valuations. Complex insurance coverage cases frequently involve multiple insurers and policyholders, each advancing opposing arguments about how to categorize and allocate costs, with each argument affecting individual parties differently. In the context of settlement negotiations, an effective model to assess these disputes should consider a variety of factors. This article highlights some, but not all, ways to create a successful model that may improve the chances of an effective outcome.