Seyferth Blumenthal & Harris LLC (SBH) attorneys Mark Haddad and Nick Daugherty recently co-authored an article published with Insurance Journal, considered the most-read national property and casualty publication for independent insurance agents and brokers.
Haddad and Daugherty look at the Western District of the Missouri Court of Appeals’ recent ruling in Knight v. Knight that continued to construe the effect of the 2017 amendments to Mo. Rev. Stat. § 537.065, which gave insurers a limited right to intervene when their insured enters into a settlement agreement pursuant to the statute. According to the decision, insurers must be notified of the 537.065 Agreement “before a judgment may be entered” but does not provide an insurer an opportunity to intervene before the insured’s liability or damages are determined.
The full article, titled “Missouri Appeals Court Ruling Shrinks Insurers’ Right to Intervene,” can be read at this link.
Haddad represents businesses and individuals in a wide variety of complex legal matters, focusing on commercial, employment and contract disputes. He has significant experience representing financial institutions, but also litigates commercial, real estate, and construction matters.
Daugherty is an associate at SBH with a practice focused on commercial litigation and counseling in all stages of litigation, with an emphasis on insurance-related issues. He represents insurers in various coverage-related cases.