he sessions and speakers are as follows:
Marine Cargo Insurance: Basics and Complexities – Joshua Gold
April 16, 2018 from 1:30 PM – 2:30 PM
Marine cargo insurance is one of the oldest insurance products around. Given global trade, it remains a highly relevant and significant tool to manage risk and promote commerce. While the insurance product itself may be old, some of the perils to cargo have shifted and grown in magnitude. Technology-enabled theft is one area where pirates use more nimble and sophisticated means to steal. Severe weather is another area where the safe passage of cargo may be placed at increased risk. For the sake of commerce, it is important that cargo insurance keep up with the times and provide meaningful protection. This program explores both the basics and the challenges of cargo insurance, including important case law developments that bear on the scope and reliability of insurance protection for goods transported by sea and inland.
Swipe Right on Insurance: Risks and Coverage Implications for Mobile Apps and Social Media Platforms – Cort Malone
April 16, 2018 from 3:00 PM - 4:00 PM
Consumers--and therefore businesses-- rely on mobile apps to perform an ever-widening range of functions. As with any new technology, there are risks involved. Often, mobile app users input highly sensitive data, including financial and health details. Mobile app use has accordingly triggered new waves of regulatory actions and civil litigation. The FDA has provided examples of how its authority may apply to mobile medical apps, while the FTC and other regulators have brought app-related enforcement actions based on alleged violations of privacy. Mobile app users have brought their own suits. This session will cover risks associated with the use of mobile apps and social media, including types of insurance that may respond to these risks.
Insurance Bank-Shots: Maximizing Coverage from Other People’s Insurance – Finley Harckham
April 17, 2018 from 3:00 PM - 4:00 PM
Whether you're planning to buy or sell a company, seeking to cover an acquisition's liability, entering a joint venture or simply hiring contractors or working with partners on a project, the insurance of your counterparties is always a vital concern. This session will examine key questions to ask about insurance owned or obtained by others that may be vital to your venture. On the M&A front, we'll address how to assess a potential acquisition's insurance portfolio. For long-tail liabilities, we'll outline how to identify and access a predecessor's insurance policy, considering coverage issues including trigger of coverage, assignment of insurance, and periods covered by insolvent insurance companies. For joint ventures or work with contractors, we'll examine key coverage issues that may affect the quality of your coverage as an additional insured, and key terms to seek in your contracts. These include taking account of recent developments in business interruption coverage.
Debunk a Myth: Defense Costs For Many Consumer Class Actions Covered by General Liability Insurance – Finley Harckham
April 17, 2018 from 11:10 AM - 11:30 AM (Innovation Hub)
Every year, corporations spend hundreds of millions of dollars defending consumer class actions under the mistaken belief that such cases fall outside their liability insurance coverage. The rationale given by insurers in denying coverage for such actions is that there is no allegation of property damage or bodily because class actions must be based upon issues common to all class members, such as breach of warranty or violations of consumer protection statutes. This program will address the insurer’s broad duty to defend, the arguments that can be made that general liability policies provide defense coverage for many consumer class actions and should contribute to settlements, and the approach the courts have taken to these issues.
Pre-Conference Workshop - Contractual Risk Transfer – Daniel J. Healy and Nicholas Maxwell
April 14 and April 15, 2018 from 9:00 AM - 4:30 PM
An in-depth workshop offered in conjunction with RIMS 2018. This two day workshop will address commercial contracts and insurance policies as risk transfer vehicles relating to commercial insurance, insured agreements, indemnity agreements and captive insurance. You will learn the skills needed to understand and draft a contract that effectively transfers risk while reducing your company's exposure to loss.
The Risk and Insurance Management Society, Inc. is a global not-for-profit organization representing more than 3,500 industrial, service, nonprofit, charitable and government entities throughout the world. Founded in 1950, RIMS brings networking, professional development and education opportunities to its membership of more than 11,000 risk management professionals who are located in more than 60 countries.
About Anderson Kill
Anderson Kill practices law in the areas of Insurance Recovery, Commercial Litigation, Environmental Law, Estates, Trusts and Tax Services, Corporate and Securities, Antitrust, Banking and Lending, Bankruptcy and Restructuring, Real Estate and Construction, Foreign Investment Recovery, Public Law, Government Affairs, Employment and Labor Law, Captive Insurance, Intellectual Property, Corporate Tax, Hospitality, and Health Reform. Recognized nationwide by Chambers USA and best-known for its work in insurance recovery, the firm represents policyholders only in insurance coverage disputes - with no ties to insurance companies and has no conflicts of interest. Clients include Fortune 1000 companies, small and medium-sized businesses, governmental entities, and nonprofits as well as personal estates. Based in New York City, the firm also has offices in Philadelphia, PA, Stamford, CT, Washington, DC, Newark, NJ and Los Angeles, CA.
For more information, please contact:
Carol A. Ueckerman