Anderson Kill is pleased to announce that the firm’s insurance recovery attorneys will be presenting in five sessions at the 2021 national RIMS Annual Conference, beginning April 19.
Regarding time and place, RIMS announces:
If feasible, we will hold some on-the-ground, face-to-distanced-face activities in Chicago from April 19 - 21. However, if external factors persist, all educational, networking and solution-sharing components will be virtual for the extended period of April 19 – 29. Registration will open in January.
Anderson Kill’s presenters and sessions are as follows:
- Marshall Gilinsky: What to Do When #MeToo Claims Hit YouToo
- Bob Horkovich: Avoiding Liability Mine Shafts with M&A Due Diligence
- Josh Gold: Ten Tips to Build a Better Marine Cargo Policy
- Bob Chesler: Insurance Issues Arising from the New Wave of Privacy and Biometric Litigation
- Pam Hans: Contractual Risk Transfer (workshop)
Session descriptions are below. Stay tuned for time (and possibly place) for each webcast or in-person session.
Marshall Gilinsky – “Across the Continental Divide – What To Do When #MeToo Claims Hit YouToo”
While claims of sexual abuse and harassment involving celebrities grab the headlines, businesses and institutions of all shapes and sizes are increasingly finding themselves at a cliff’s edge. Several standard types of liability insurance provide valuable coverage for such claims. Depending on the particular policy wordings, Comprehensive General Liability (CGL), Directors & Officers (D&O) and Employment Practices Liability (EPL) insurance policies often cover the cost of defending and resolving these very serious claims.
Bob Horkovich -- "Avoiding Liability Mine Shafts with M&A Due Diligence"
The path to a merger or acquisition is always a bronco ride. Too often, however, it's after the deal closes that the real pitfalls -- hidden liabilities -- open up. To avoid being blindsided, due diligence with regard to long-tail liabilities -- and the historic insurance portfolio that might cover them -- is essential. Obtaining a new layer of protection with reps & warranties insurance is also key.
This program will teach risk managers what they need to know when communicating with CFOs or CEOs about due diligence tasks assigned to them in a merger or acquisition. The identification of historic insurance assets and potential liabilities or losses of the target company will be addressed, as will the coverage afforded by reps & warranties insurance. Attendees will learn how to evaluate a potential insurance shortfall that may be significant in the valuation of the target company. A Risk Manager will address real life examples of how things went well or bad in performing a due diligence during a merger or acquisition.
Josh Gold – “Do Not Let Your Cargo Run Aground: 10 Tips to Build a Better Marine Cargo Policy”
Marine cargo insurance is one of the oldest insurance products around. But a policy mired in terminology and doctrines generated centuries ago can be downright dangerous for policyholders.
Shipping and storage risks have changed a good deal—especially when it comes to the peril of theft. Technology-enabled theft is one area where pirates use more nimble and sophisticated means to steal and the insurance needs to match-up to the changes. Severe weather is another area where the safe passage of cargo may be placed at increased risk. This program explores both the basics and the challenges of cargo insurance, including 10 tips to maximize insurance protection when it is needed most.
Bob Chesler – “Insurance Issues arising from the New Wave of Privacy and Biometric Litigation”
The California Consumer Privacy Act and the Illinois Biometric Information Privacy Act expose companies to unprecedented liability for the unauthorized release of personal privacy information. Already, biometric class actions are prevalent in Illinois. Numerous states now intend to pass similar acts. Companies that have turned to their insurance policies for protection against these privacy suits have met with a stone wall. This session will examine the emerging insurance coverage issues with respect to privacy claims, and the current marketplace for privacy insurance.
Pam Hans – “Contractual Risk Transfer”
Risk transfer is a fundamental component in any comprehensive risk management strategy. To reduce your risk exposure and craft solid contracts with other parties, it is critical to understand the fine print.
By attending this virtual workshop you will learn to:
- Determine when it is appropriate to transfer risk
- Draft a contract to transfer risk while reducing your company’s exposure to loss
- Create a glossary of definitions to clarify a contract
- Develop an indemnity agreement
- Negotiate with service providers and communicate contract terms with stakeholders