Insurance Law Training

Lesson 1 • Sources of Insurance Law

Maps the hierarchy of legal sources: statutes, regulations, case law, and industry codes. Students trace how each source shapes insurer and policyholder obligations.

Lesson 2 • Classification of Insurance Products

Categorizes life, property, liability, and specialty lines by legal treatment. Enables students to apply the correct legal rules to each product type.

Lesson 3 • Nature and Purpose of Insurance

Defines insurance as a risk-transfer mechanism and its social function. Grounds students in why legal regulation of insurance exists.

Lesson 1 • The Insurance Application Process

Traces the application as the foundation of the insurance contract. Students analyze how application content affects coverage and validity.

Lesson 2 • Essential Elements of a Valid Contract

Reviews offer, acceptance, consideration, capacity, and legality as applied to insurance. Connects general contract law to insurance-specific requirements.

Lesson 3 • Insurable Interest Doctrine

Explains the requirement that the insured must have a financial stake in the subject matter. Students apply the doctrine to prevent wagering and moral hazard.

Lesson 4 • Utmost Good Faith and Disclosure

Covers the duty of utmost good faith binding both parties at formation. Students identify disclosure obligations and consequences of breach.

Lesson 1 • Declarations, Insuring Agreements, and Exclusions

Breaks down the structural components of a standard policy form. Students locate and analyze each component to determine coverage scope.

Lesson 2 • Rules of Policy Construction

Introduces the plain meaning rule, contra proferentem, and reasonable expectations doctrine. Students apply each rule to disputed policy language.

Lesson 3 • Defined Terms and Policy Glossaries

Examines how defined terms control coverage meaning and limit disputes. Students identify how definitions expand or restrict insuring agreements.

Lesson 4 • Coverage Disputes and Judicial Interpretation

Reviews how courts resolve coverage disputes through policy construction. Students predict outcomes using precedent and interpretive principles.

Lesson 1 • Principle of Indemnity

Establishes that insurance restores the insured to the pre-loss position without profit. Students apply indemnity limits to valuation and settlement scenarios.

Lesson 2 • Proximate Cause in Insurance

Applies the proximate cause doctrine to determine which peril triggers coverage. Students analyze concurrent causation and anti-concurrent causation clauses.

Lesson 3 • Subrogation Rights and Limits

Explains how insurers step into the insured's shoes to recover from liable third parties. Students identify when subrogation applies and when it is waived.

Lesson 4 • Insured's Duties After Loss

Outlines post-loss obligations including notice, proof of loss, and cooperation. Students assess how breach of these duties affects coverage.

Lesson 1 • Coverage Determination and Denial

Examines the legal requirements for accepting or denying a claim in writing. Students draft compliant denial letters and identify defective denials.

Lesson 2 • Claims Investigation Standards

Sets out the insurer's duty to conduct a prompt, thorough, and impartial investigation. Students identify investigative steps that satisfy or breach legal standards.

Lesson 3 • First-Party Bad Faith

Defines bad faith as an unreasonable denial or delay of a valid first-party claim. Students distinguish negligence from bad faith and assess damages exposure.

Lesson 4 • Third-Party Bad Faith and Excess Liability

Addresses the insurer's duty to settle within policy limits to protect the insured. Students analyze failure-to-settle scenarios and resulting excess judgments.

Lesson 1 • Additional Insured Endorsements

Covers the legal effect of adding parties as additional insureds and priority disputes. Students draft and interpret additional insured provisions.

Lesson 2 • Structure of Liability Policies

Describes occurrence-based and claims-made policy structures and their coverage triggers. Students select the appropriate trigger analysis for each policy type.

Lesson 3 • Umbrella and Excess Liability Coverage

Distinguishes umbrella from excess policies and analyzes drop-down coverage obligations. Students resolve attachment point and exhaustion disputes.

Lesson 4 • Duty to Defend

Establishes the broad duty to defend based on the complaint's allegations. Students apply the four-corners rule and mixed-action defense obligations.

Lesson 1 • Solvency Regulation and Guaranty Funds

Examines risk-based capital requirements, insurer rehabilitation, and liquidation. Students trace policyholder protections through insolvency proceedings.

Lesson 2 • Rate and Form Regulation

Covers prior approval, file-and-use, and use-and-file rate systems. Students evaluate rate adequacy, excessiveness, and unfair discrimination standards.

Lesson 3 • Market Conduct Regulation

Reviews regulatory oversight of sales, underwriting, and claims practices. Students identify market conduct violations and corrective obligations.

Lesson 4 • Structure of Insurance Regulation

Explains the state-based regulatory model and the role of national coordination bodies. Students map regulatory authority over licensing, rates, and forms.

Lesson 1 • Fundamentals of Reinsurance

Defines reinsurance as a contract between insurers and explains its risk-spreading function. Students distinguish treaty from facultative reinsurance and their legal implications.

Lesson 2 • Insurance Fraud Law

Covers civil and criminal fraud in insurance transactions and insurer remedies. Students identify fraud indicators and apply rescission and forfeiture rules.

Lesson 3 • Insurance Dispute Resolution

Surveys litigation, arbitration, appraisal, and mediation as insurance dispute mechanisms. Students select and apply the appropriate forum for each dispute type.

Lesson 4 • Reinsurance Contract Interpretation

Applies contract interpretation rules to reinsurance agreements and arbitration clauses. Students resolve coverage disputes unique to the reinsurance relationship.