BarbriSFCourseDetails

Course Details

This CLE webinar will discuss the purpose and application of MCS-90 endorsements and the four primary approaches courts take to determine when the MCS-90 endorsement applies. The panel will also examine how and why the endorsement provides settlement leverage for plaintiffs.

Faculty

Description

Federal motor carriers must prove they have the financial ability to cover damage to the public, and one avenue is the MCS-90 endorsement added to the trucking liability policy. The MCS-90 is not a true insurance policy, because if the insurance company pays a claim, it can theoretically recoup its losses against the policyholder through subrogation. Failure to understand the practical ramifications of this arrangement can be costly.

There are at least three and arguable four different approaches to determining when the MCS-90 endorsement applies, plus other approaches of state supreme courts. Insurers that issued policies with the MCS-90 endorsements face more uncertainty than ever about if and when their financial responsibility is triggered depending on the location of a motor vehicle collision.

The rules for when coverage exists and when insurers should invoke coverage defenses are all different under the MCS-90. Experienced plaintiffs' counsel can leverage missteps of the uninformed to increase claim value and put insurers on the road to bad faith allegations and even punitive damages.

Listen as our premiere panel discusses what counsel representing trucking companies or plaintiffs need to know about when the MCS-90 is applicable, and thus, when financial obligations must be met or may be accessed.

Outline

  1. Brief review of MCS-90 history
  2. What is covered and how it applies
    1. Statutory requirements for minimum limits of insurance
    2. Limitations on the applicability of the endorsement
    3. Different approaches to application
  3. Defending MCS-90 claims
    1. Strategic considerations when coverage defenses exist
  4. Pursuing MCS-90
    1. Personal injury
    2. Subrogation
  5. Reimbursement under MCS-90
  6. Interesting caselaw and recent developments
    1. What is interstate commerce?
    2. What is needed to seek reimbursement?

Benefits

The panel will review these issues:

  • Should the MCS-90 be considered a surety bond?
  • How does cancellation impact the MCS-90 endorsement appended to a commercial auto policy?
  • Does the MCS-90 trump noncooperation and notice clauses?
  • Do the rules about time-limited demands apply to MCS-90 endorsements?