November 2018 E-Bulletin

This month's E-Bulletin topics include:

  1. Policy Limits and Unknown Exposures? Request a Deferment
  2. Video Evidence File Size Limits
  3. NASP Celebrates 20 Years of Service!
  4. NASP 2018 Annual Conference: Sentimental Subro Journey

Policy Limits and Unknown Exposures? Request a Deferment

Image of a woman thinkingWhen an Applicant files arbitration seeking damages less than the Respondent’s policy limits, arbitration would have jurisdiction over this claim.

If there are other claims arising from the same loss, the Respondent needs to make and support this argument. Ideally the evidence will prove the amount of damages sought, and how the aggregate amount exceeds the policy limit. This will help the arbitrator determine if there is jurisdiction over the claim.

Such evidence may not always be available. When other claims have not been presented or the amount is unknown, it is appropriate for the Respondent to request a deferment of the hearing. This will allow the other claims to be handled, and ensure the policy limits are not exhausted. The Deferment Justification should explain to the arbitrator why the deferment is warranted – existence and/or severity of additional claims and policy limits.
 
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Video Evidence File Size Limits

Image of a megaphone with Did You Know in a speech bubbleVideo evidence files up to 40 MB can be submitted to OLF and TRS, unless submitted through AFClient 3.2, which has a current file size limit of 20 MB.
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NASP Celebrates 20 Years of Service!

20th AnniversaryAF congratulates the National Association of Subrogation Professionals (NASP) on celebrating its twentieth anniversary!

Since 1998, NASP’s mission has been to enrich the development of subrogation and recovery professionals through education, advocacy, and the exchange of information.

Check out NASP’s website for additional information on membership and upcoming events.
 
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NASP 2018 Annual Conference: Sentimental Subro Journey

Image of the NASP conference logoNovember 11—14, 2018
Rosen Shingle Creek Resort — Orlando, FL

Be sure to visit us at Booth #211 or attend our session, "Presenting an Effective Case!” on Monday, November 12, 3:45-4:30 PM.

Visit the NASP website to register, select an exhibit booth, make hotel reservations, and download conference brochures.                                                           

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