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