Counsel for an insured or a claimant must pay special attention when intending to settle a claim with a Coblentz Agreement.A “Coblentz Agreement” (named for Coblentz v. Am. Sur. Co. of N.Y., 416 F.2d 1059 (5th Cir. 1969)) is a settlement device which can be utilized only when an insurer refuses to defend an insured.  The insured is … Continue Reading