Common use of SETTLEMENTS AND DEFENSE Clause in Contracts

SETTLEMENTS AND DEFENSE. A. No Insured under this Policy may, without the Insurer's prior written consent, which consent shall not be unreasonably withheld, admit liability for or settle any matter for which insurance may be sought under this Policy. B. The Insurer may, at its sole discretion, elect to participate in the investigation, defense and/or settlement of any claim under this Policy, regardless of whether the applicable Underlying Insurance has been exhausted. C. The Insured, and not the Insurer, has the duty to defend all Claims under this Policy.

Appears in 4 contracts

Samples: Insurance Policy, Insurance Policy, Insurance Policy

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SETTLEMENTS AND DEFENSE. A. No Insured under this Policy may, without the Insurer's prior written consent, which consent shall not be unreasonably withheld, admit liability for or settle any matter for which insurance may be sought under this Policy. B. The Insurer may, at its sole discretion, elect to participate in the investigation, defense and/or settlement of any claim Claim under this Policy, regardless of whether the applicable Underlying Insurance has been exhausted. C. The Insured, and not the Insurer, has the duty to defend all Claims under this Policy.

Appears in 1 contract

Samples: Insurance Policy

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SETTLEMENTS AND DEFENSE. A. No Insured under this Policy may, without the Insurer's prior written consent, which consent shall not be unreasonably withheld, admit liability for or settle any matter for which insurance may be sought under this Policy. B. The Insurer may, at its sole discretion, elect to participate in the investigation, defense and/or settlement of any claim under this Policy, regardless of whether the applicable Underlying Insurance has been exhausted. C. The Insured, and not the Insurer, has the duty to defend all Claims under this Policy.. Specimen

Appears in 1 contract

Samples: Insurance Policy

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