9th Conference

D & O LIABILITY INSURANCE

Minimizing Your Risk in the Volatile D&O Market: The Up-to-the-Minute Guide for Attorneys and Claims and Underwriting Professionals

Monday, December 08, 2003

About

The D&O liability insurance industry has seen unprecedented changes over the past two years. Corporate scandal, regulatory action and litigation have combined to drastically alter the D&O landscape. These events have led to increased premiums, higher deductibles, tightened underwriting requirements, restrictive terms and conditions, and an increased likelihood of policy rescission.

Meanwhile, companies are attempting to comply with new corporate governance requirements and their insurers are carefully scrutinizing these efforts. Added to this volatile mix is a torrent of litigation which is increasing the responsibility and potential liability of corporate officers and directors.

This precarious environment requires that anyone involved with D&O liability insurance stays fully informed of the latest developments. Insurance executives, brokers, underwriters, claims managers, corporate counsel, risk managers, litigators, and officers and directors face tremendous hurdles as the D&O market adjusts to the new terrain.

For its Ninth D&O Liability Insurance publication, American Conference Institute brought together the most experienced and knowledgeable professionals in this field. You will learn what is happening in D&O from the underwriters, brokers, claims managers and attorneys who are on the front lines. Leading players will offer their expertise on:

  • The state of the current market
  • The latest underwriting issues and how they're being handled
  • New terms and conditions for D&O policies
  • Policy rescission
  • SEC investigations and enforcement proceedings
  • Corporate governance and the impact of Sarbanes-Oxley
  • Recent cases and future trends in litigation
  • Impact of corporate bankruptcy on D&O policies
If you are involved in the D&O liability insurance arena, this publication will provide you with the information you need to succeed in this challenging environment. Find out how others are handling the same problems you are facing and what to expect in the coming months.

Contents & Contributors

About

The D&O liability insurance industry has seen unprecedented changes over the past two years. Corporate scandal, regulatory action and litigation have combined to drastically alter the D&O landscape. These events have led to increased premiums, higher deductibles, tightened underwriting requirements, restrictive terms and conditions, and an increased likelihood of policy rescission.

Meanwhile, companies are attempting to comply with new corporate governance requirements and their insurers are carefully scrutinizing these efforts. Added to this volatile mix is a torrent of litigation which is increasing the responsibility and potential liability of corporate officers and directors.

This precarious environment requires that anyone involved with D&O liability insurance stays fully informed of the latest developments. Insurance executives, brokers, underwriters, claims managers, corporate counsel, risk managers, litigators, and officers and directors face tremendous hurdles as the D&O market adjusts to the new terrain.

For its Ninth D&O Liability Insurance publication, American Conference Institute brought together the most experienced and knowledgeable professionals in this field. You will learn what is happening in D&O from the underwriters, brokers, claims managers and attorneys who are on the front lines. Leading players will offer their expertise on:

  • The state of the current market
  • The latest underwriting issues and how they're being handled
  • New terms and conditions for D&O policies
  • Policy rescission
  • SEC investigations and enforcement proceedings
  • Corporate governance and the impact of Sarbanes-Oxley
  • Recent cases and future trends in litigation
  • Impact of corporate bankruptcy on D&O policies
If you are involved in the D&O liability insurance arena, this publication will provide you with the information you need to succeed in this challenging environment. Find out how others are handling the same problems you are facing and what to expect in the coming months.

Contents & Contributors

ONE PERSPECTIVE ON THE CURRENT STATE OF DIRECTORS AND OFFICERS INSURANCE IN 2003
Michael W. Early, Chicago Underwriting Group, Inc.

D&O INSURANCE IN 2003/2004
William A. Cotter, National Union-AIG

TERMS AND CONDITIONS IN D&O POLICIES: NEGOTIATING IN TODAY'S MARKET
Carolyn H. Rosenberg, Sachnoff & Weaver, Ltd.
Duane F. Sigelko, Sachnoff & Weaver, Ltd.
Kit Chaskin, Sachnoff & Weaver, Ltd.
Neil B. Posner, Sachnoff & Weaver, Ltd.
Venus S. McGhee, Sachnoff & Weaver, Ltd.

RESCINDING THE D&O POLICY
Daniel Aronowitz, Shaw Pittman LLP

UNDERSTANDING AND AVOIDING DIRECTORS' AND OFFICERS LIABILITY POLICY RESCISSION
Josephine Hicks, Poe Adams & Bernstein L.L.P.

RECENT SEC ENFORCEMENT CASES
Wayne M. Carlin, Securities and Exchange Commission

THE DISTORTING IMPACT OF D&O LIABILITY INSURANCE ON SEC ENFORCEMENT ACTIONS
Aegis J. Frumento, Duane Morris LLP

THE "BRAVE NEW WORLD" OF CORPORATE GOVERNANCE AND ITS IMPACT ON D&O LIABILITY
Carl Metzger, Testa, Hurwitz & Thiebeault
Erica Abate Recht, Testa, Hurwitz & Thiebeault
Jennifer L. Chunias, Testa, Hurwitz & Thiebeault
Steven J. Buttacavoli, Testa, Hurwitz & Thiebeault

STRATEGIES FOR SUCCESSFULLY DEFENDING OUTSIDE DIRECTORS IN SECURITIES CLASS ACTION LITIGATION
Brian E. Pastuszenski, Testa, Hurwitz & Thiebeault
Inez H. Friedman-Boyce, Testa, Hurwitz & Thiebeault
Kevin J. O'Connor, Testa, Hurwitz & Thiebeault

SECURITIES LITIGATION: THE LATEST DEVELOPMENTS AND THEIR IMPLICATIONS
David J. Bershad, Milberg Weiss Bershad Hynes & Lerach LLP

SECURITIES LITIGATION: THE LATEST DEVELOPMENTS AND THEIR IMPLICATIONS
R. Patrick White, Buckley King

D&O INSURANCE ISSUES IN BANKRUPTCY
Daniel J. Standish, Wiley, Rein & Fielding
Kimberly M. Melvin, Wiley, Rein & Fielding

MEMBERS OF THE BOARD WILL YOUR D&O POLICY DEFEND YOU IN BANKRUPTCY
Peter Szendro, Willis Re



DOCUMENT TYPES: PRESENTATIONS AVAILABLE: 0