Scott Seaman Featured on Howden’s “Fortune Favors the Brave” Podcast: Navigating the Perils of Bad Faith (Final Episode 3)
Scott Seaman was a featured guest on the Howden Insurance Brokers Fortune Favors the Brave podcast. In the final episode of their three-part series, "Navigating the Perils of Bad Faith," Seaman discussed the impacts of bad faith claims on insurers with Howden's Hilary Harmsworth and Sam Vardy.
In the final episode, the trio explores the complexities of handling bad-faith insurance claims in the post-COVID-19 era. They review trends such as the delicate balance of addressing liability and damages, risks to commercial auto policies and care homes, and the effects of social inflation and economic shifts on insurance lines.
In addition, Seaman and the hosts discuss the impact of virtual communication on legal processes, the increase in the frequency and severity of bad faith claims, strategies to manage settlement costs, and other developments insurers should be aware of.
Listen to the third episode and view our summary of the first two episodes.