2:30 - 3:30 PM - Breakout Session 5
Choose from one of the following sessions: 

GL: Quota Share Policies and the Tripartite Relationship 
GL: How Defense can Leverage Plaintiff Tax Strategies to Settle and Save 
GL: Is the Insurance Industry Becoming Too Risk Averse? 

Session Descriptions

Quota Share Policies and the Tripartite Relationship

Primary quota share policies are becoming the norm.  Why? How do they work?  What are the duties of defense counsel?  What are the duties of monitoring counsel?  What are the duties of "primary claims counsel" to those "following" on the risk?  Join us to discuss these issues and others with broker, underwriter, defense counsel and monitoring counsel. 

                       

Speakers:
Edward Dunn - Karbal Cohen Ecomomou Silk & Dunne, Member
Kim Noble - Applied Financial Lines, V.P.
John O'Malley – KCEDS, Partner
                                                                                                 

How the Defense can Leverage Plaintiff Tax Strategies to Settle and Save 

Defendants negotiating a settlement can often control plaintiffs’ ability to use tax strategies. That control can significantly improve defendants’ negotiating leverage. Explore the basis and risks of this underutilized defense strategy. that can offer a true win-win scenario: defendants pay less and plaintiffs keep more.


Speakers:
Don Engels - Ringler Associates, Structured Settlement Consultant
Dan Misheck - EMC Insurance, Complex Claims Consultant
John Ramirez - Great American Custom Insurance Services, Senior Claims Technical Director

 

Is the Insurance Industry Becoming Too Risk Averse? 
Astronomical jury verdicts have caused many claims professionals to avoid the risk of taking cases to trial. Plaintiff’s attorneys are routinely using AI to assist in extracting top dollars out of defendants and are emboldened to make exorbitant settlement demands, while  businesses  are confronted with increasing insurance costs that are simply not sustainable.  Insurers must become more aggressive in their claim handling to root out fraud, frivolous claims and inflated valuations. We will review a case against a multi-faceted hospitality venue facing multiple tort claims. Learn how immediate and proper claims handling, aggressive discovery and motion practice, and a willingness to try cases can combat the scourge of social inflation.

 

Speakers: 
Moya Marsha O'Connor - Barry McTiernan & Moore, Partner
Devina Williams, AVP, Litigation, AmTrust Group
Karen Thurlow, Claims Consultant, Swiss Re