Question $13(1$ point$)$

A business is involved in a legal dispute with a stakeholder. They have insurance that covers the risk in question. The insurance company insists on conducting settlement negotiations. What should the business do$?$

Privately negotiate with the stakeholder to avoid legal costs.

Immediately seek a judge's intervention for a resolution.

Comply with the insurance company's request and allow them to conduct the negotiations.

Ignore the insurance company's request and proceed with private negotiations.