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California Insurance Law Updates: New California Law on time-limited demands

Jordan S. Derringer
Jordan S. Derringer
Sheppard Mullin

Jordan S. Derringer is special counsel in Sheppard Mullin’s Business Trial practice and Insurance practice. He focuses his practice on insurance coverage and bad faith litigation.

Michael L. Bean
Michael L. Bean
Sheppard Mullin

Michael L. Bean is special counsel in the firm’s Business Trial practice and Insurance. He represents insurance clients in matters arising out of first- and third-party claims, including high-exposure “cap-off” lawsuits, uninsured motorist lawsuits, complex property lawsuits and equitable contribution actions between insurers.

On-Demand: February 24, 2023

California Insurance Law Updates: New California Law on time-limited demands

$95.00 1 hour CLE

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Program Summary

California has enacted a new law (Code of Civ. P. § 999, et seq.) that governs “time-limited demands” made after January 1, 2023. “Time-limited demands” that do not substantially comply with the new law will no longer be considered “reasonable” in lawsuits seeking extra-contractual damages against liability insurers. Sheppard Mullin’s Jordan Derringer and Michael Bean will discuss some of the new law’s key provisions, including new requirements for claimants and liability insurers.

This course is co-sponsored with myLawCLE.

Key topics to be discussed:

  • The new law’s scope and important carveouts
  • The uncertainties in the new law that will drive future litigation
  • How the new law fits into the national trend of regulating policy limit demands

Date: February 24, 2023

Closed-captioning available

Speakers

Jordan S. Derringer_ Sheppard Mullin_FedBarJordan S. Derringer | Sheppard Mullin

Jordan S. Derringer is special counsel in Sheppard Mullin’s Business Trial practice and Insurance practice. He focuses his practice on insurance coverage and bad faith litigation. He has experience litigating matters involving multiple lines of insurance including commercial general liability policies as well as commercial automobile and property policies. He has successfully handled arbitrations, mediations and appeals on behalf of his insurance clients. Jordan can be reached at [email protected]

 

Michael L. Bean_ Sheppard Mullin_FedBarMichael L. Bean | Sheppard Mullin

Michael L. Bean is special counsel in the firm’s Business Trial practice and Insurance. He represents insurance clients in matters arising out of first- and third-party claims, including high-exposure “cap-off” lawsuits, uninsured motorist lawsuits, complex property lawsuits and equitable contribution actions between insurers. He possesses unique experience as corporate counsel for a national insurer, where he advised the company on its highest exposures and managed extra-contractual litigation across 21 states, including California, Texas, Missouri, and Pennsylvania. Michael can be reached at [email protected]

Agenda

I. The new law’s scope and important carveouts | 3:00pm – 3:20pm

II. The uncertainties in the new law that will drive future litigation | 3:20pm – 3:40pm

III. How the new law fits into the national trend of regulating policy limit demands | 3:40pm – 4:00pm

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