After working within the insurance industry as a claims analyst with a third-party administer, Richard pursued a law degree and was honored to receive a full merit-based scholarship to Drexel University Thomas R. Kline School of Law where he became a lead editor with the Drexel Law Review.
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This course will address the basics of what tenders are and what they are for, which include the conditions for presenting them and the obligations of the receiving party. It will discuss the applicable laws of these aspects, as well as introduce the concept of tenders in the context of both third and first-party coverage. Specific scenarios such as tendering to entities with which no contractual privity exists will also be covered along with examples relating to industries in which tenders are most common.
Key topics to be discussed:
Date: February 17, 2023
Closed-captioning available
Richard Dunne | Offit Kurman, P.A.
After working within the insurance industry as a claims analyst with a third-party administer, Richard pursued a law degree and was honored to receive a full merit-based scholarship to Drexel University Thomas R. Kline School of Law where he became a lead editor with the Drexel Law Review. Richard did not intend on re-entering the insurance industry but the opportunity to work in insurance coverage presented itself, and to his surprise, he found himself thoroughly enjoying the work.
Richard appreciates that the insurance industry has a significant impact on public safety and economic stability, and that paradoxically, the insurance industry’s contributions to each are almost exclusively driven by shrewd business initiatives. He believes coverage disputes are representative of this paradox and finds it especially interesting when courts implement sociological jurisprudence to resolve the issue. Insurance law is important to Richard, and he devotes time to learning about the evolution of the industry and stays current with coverage issues.
Richard is an Associate with Offit Kurman P.A.’s Insurance Recovery and Commercial Litigation department. He is licensed to practice in Pennsylvania and New Jersey.
I. What does “tender” actually mean? | 11:00am – 11:15am
II. To whom should you tender? | 11:15am – 11:30am
III. Obligations of the party that receives the tender | 11:30am – 11:45am
IV. Is there any harm in tendering to the wrong entity? | 11:45am – 12:00pm