15th Annual Advanced Forum on

D&O Liability

Advanced Strategies on Assessing, Managing & Defending Claims, and Maximizing Coverage & Minimizing Risks in Today’s High Risk Landscape

Tuesday, December 01, 2009

About

Attend this conference to benchmark your ability to assess, manage, and defend against the rising tide of D&O lawsuits

The D&O industry is in a continued market force change. The past year has seen an increase in the number of D&O claims and this increase is showing no sign of losing momentum. With securities litigation on the rise, the aftermath of the sub-prime mortgage market, along with the subsequent credit crisis, the D&O landscape is continuously evolving to keep up with the times. Record settlements, increased government investigations, changes at the Department of Justice and SEC, and the continued climb in defense costs are just some of the challenges that those in the D&O marketplace are facing.

The answer to overcoming these challenges is ACI’s 15th Annual Advanced Forum on D&O Liability, which will provide you with the most up-to-date information and clarifications on complex D&O policies and help you stay one step ahead of the curve and avoid potential liability. Topics will include:

  • How the current credit crisis is shaping the practice and liability
  • The impact of the increase in securities litigation on the D&O marketplace
  • Addressing the concerns over the “reasonableness” of defense costs
  • Successfully negotiating D&O policy terms to maximize coverage
  • Handling settlements and attaining favorable numbers for your client

In a year of continued market volatility you cannot afford to miss this timely event. No other conference in the industry affords you the opportunity to network with the industry’s top experts from ACE, Aon, Chicago Underwriting Group, Chubb & Son, Domestic Claims - Financial Lines, Executive Liability, General Re, Marsh, Oakbridge Insurance, Ullico Casualty, Woodruff-Sawyer, Zurich and many more.

Contents & Contributors

About

Attend this conference to benchmark your ability to assess, manage, and defend against the rising tide of D&O lawsuits

The D&O industry is in a continued market force change. The past year has seen an increase in the number of D&O claims and this increase is showing no sign of losing momentum. With securities litigation on the rise, the aftermath of the sub-prime mortgage market, along with the subsequent credit crisis, the D&O landscape is continuously evolving to keep up with the times. Record settlements, increased government investigations, changes at the Department of Justice and SEC, and the continued climb in defense costs are just some of the challenges that those in the D&O marketplace are facing.

The answer to overcoming these challenges is ACI’s 15th Annual Advanced Forum on D&O Liability, which will provide you with the most up-to-date information and clarifications on complex D&O policies and help you stay one step ahead of the curve and avoid potential liability. Topics will include:

  • How the current credit crisis is shaping the practice and liability
  • The impact of the increase in securities litigation on the D&O marketplace
  • Addressing the concerns over the “reasonableness” of defense costs
  • Successfully negotiating D&O policy terms to maximize coverage
  • Handling settlements and attaining favorable numbers for your client

In a year of continued market volatility you cannot afford to miss this timely event. No other conference in the industry affords you the opportunity to network with the industry’s top experts from ACE, Aon, Chicago Underwriting Group, Chubb & Son, Domestic Claims - Financial Lines, Executive Liability, General Re, Marsh, Oakbridge Insurance, Ullico Casualty, Woodruff-Sawyer, Zurich and many more.

Contents & Contributors

Setting the Stage on D&O Liability: The State of the D&O Marketplace, Litigation Trends, Current and Pending Legislation, and Beyond
Kevin LaCroix, Partner, Oakbridge Insurance Services (Beachwood, OH)

Evaluating the Impact of the Credit Crisis on the D&O Market
Brian Wanat, Managing Director, Financial Services Group (New York, NY)
Randall W. Bodner, Partner, Ropes & Gray LLP (Boston, MA)

A Focus on Settlement Negotiations in the D&O Context: Attaining a Favorable Settlement Number for Your Client
Matthew L. Jacobs, Partner, Jenner & Block LLP (Washington, D.C.)

Examining the Impact of Emerging Government Investigations and Actions on D&O Policies
Rhonda Prussack, Executive Vice President and Product Manager, Executive Liability, A division of AIU Holdings (New York, NY)
Norman Blears, Partner, Hogan & Hartson (Silicon Valley, CA)
Joseph D. Jean, Counsel, Dickstein Shapiro LLP (New York, NY)

The Continued Increase in Securities Litigation and How It Will Play Out in the D&O Arena
Robert Varian, Partner, Orrick Herrington & Sutcliffe LLP (San Francisco, CA)

Overcoming Complications When Determining the Reasonableness of Defense Costs
Andrew Reidy, Partner, Howrey LLP (Washington, DC)
John Toothman, Devil's Advocate, LLC (Great Falls, VA)

D&O Activity Abroad: Assessing Risk, Coordinating Policies and Accounting for International Considerations in a Time of Increased Global Litigation and Enforcement
Lee Lindsay, Senior Vice President, International Product Advisor, Financial Services Group (Denver, CO)



DOCUMENT TYPES: PDF PPT ZIP DOC PRESENTATIONS AVAILABLE: 10

12:00
Registration
13:00
Opening Remarks from the Chair
Mr. Michael W. Early
Assistant General Counsel
Chicago Underwriting Group, Inc.
-Mr. Kevin M. LaCroix
Executive Vice President
RT ProExec
13:10
Setting the Stage on D&O Liability: The State of the D&O Marketplace‚ Litigation Trends‚ Current and Pending Legislation‚ and Beyond
Mr. David F. Allen
Vice President, Global Casualty Facultative
Gen Re - A Berkshire Hathaway Company
Mr. Michael Karmilowicz
Executive Vice President‚ Head of Management Solutions
Zurich North America Specialties
-Mr. Kevin M. LaCroix
Executive Vice President
RT ProExec
1 file
D & O Diary
630.5 KB 20 pages White Paper
PDF - D & O Diary
Mr. William G. Passannante
Partner
Anderson Kill & Olick‚ P.C.
Mr. Ignacio Salceda
Partner
Wilson Sonsini Goodrich and Rosati
14:30
Evaluating the Impact of the Credit Crisis on the D&O Market
Mr Brian Wanat
Managing Director
Financial Services Group
1 file
Macroeconomics and the D&O Marketplace Evaluating the Impact of the Credit Crisis on the D&O Market
464.5 KB 40 pages Presentation
ZIP - Macroeconomics and the D&O MarketplaceEvaluating the Impact of the Credit Crisis on the D&O Market
Mr. Randall W. Bodner
Partner
Ropes & Gray LLP
1 file
Impact of the Credit Crisis on the D&O Market: A Litigation Perspective
517.5 KB 19 pages Presentation
PPT - Impact of the Credit Crisis on the D&O Market: A Litigation Perspective
15:30
Afternoon Refreshment Break
15:45
Overcoming Common Side-A Coverage Concerns
Mr. Robert Yellen
Chief Underwriting Officer
Executive Liability‚ a division of AIU Holdings
Mr. Anthony S. Galban
Senior Vice President‚ Global D&O Product Manager
Chubb & Sons
Mr. Patrick Tannock
Executive Vice President‚ Professional Lines
ACE Bermuda
Ms. Megan Colwell
Senior Vice Preisdent
Woodruff Sawyer & Co.
16:45
A Focus on Settlement Negotiations in the D&O Context: Attaining a Favorable Settlement Number for Your Client
Mr. Daniel J. Standish
Partner
Wiley Rein LLP
John D. Hughes
Partner
Edwards Wildman Palmer LLP
Mr. Matthew L. Jacobs
Partner
Jenner & Block LLP
1 file
A FOCUS ON SETTLEMENT NEGOTIATIONS IN THE D&O CONTEXT: ATTAINING A FAVORABLE SETTLEMENT NUMBER FOR YOUR CLIENT: WHEN YOUR CLIENT IS THE POLICYHOLDER
251.5 KB 17 pages Presentation
PPT - A FOCUS ON SETTLEMENT NEGOTIATIONS IN THE D&O CONTEXT: ATTAINING A FAVORABLE SETTLEMENT NUMBER FOR YOUR CLIENT:WHEN YOUR CLIENT IS THE POLICYHOLDER
17:45
Day One Concludes
8:30
Continental Breakfast
9:00
Remarks from the Chair
Mr. Michael W. Early
Assistant General Counsel
Chicago Underwriting Group, Inc.
-Mr. Kevin M. LaCroix
Executive Vice President
RT ProExec
9:05
Examining the Impact of Emerging Government Investigations and Actions on D&O Policies
Ms. Rhonda Prussack
EVP and Product Manager, Fiduciary Liability
American International Group, Inc.
1 file
Examining the Impact of Emerging Government Investigations and Actions on D&O Policies
776.5 KB 33 pages Presentation
PPT - Examining the Impact of Emerging Government Investigations and Actions on D&O Policies
Mr. Norman J. Blears
Partner
Hogan & Hartson
1 file
Examining the Impact of Emerging Government Investigations and Actions on D&O Policies
776.5 KB 33 pages Presentation
PPT - Examining the Impact of Emerging Government Investigations and Actions on D&O Policies
Mr. Joseph D. Jean
Counsel
Kasowitz‚ Benson‚ Torres & Friedman LLP
1 file
Examining the Impact of Emerging Government Investigations and Actions on D&O Policies
776.5 KB 33 pages Presentation
PPT - Examining the Impact of Emerging Government Investigations and Actions on D&O Policies
10:15
Morning Coffee Break
10:30
The Continued Increase in Securities Litigation and How It Will Play Out in the D&O Arena
Mr. Anthony Tatulli
President
Domestic Claims - Financial Lines‚ A division of AIU Holdings‚ Inc
Mr. Jeff S. Westerman
Partner
Milberg LLP
Carl E. Metzger
Partner
Goodwin Procter LLP
Mr. Robert P. Varian
Partner
Orrick Herrington & Sutcliffe
1 file
MOTIONS TO DISMISS CLAIMS UNDER SECTION 10(B)*
147.5 KB 25 pages White Paper
DOC - MOTIONS TO DISMISS CLAIMS UNDER SECTION 10(B)*
11:45
Negotiating Favorable D&O Policy Terms to Prevent Future Litigation
Mr. Daniel Aronowitz
Managing Principal
Euclid Specialty
Mr. Peter Gillon
Partner
Pillsbury Winthrop Shaw Pittman LLP
1 file
Key D&O Policy Enhancements To Consider for 2008 – 2009
634.6 KB 50 pages Presentation
ZIP - Key D&O Policy EnhancementsTo Consider for 2008 – 2009
Ms. Carolyn H. Rosenberg
Partner
Reed Smith
13:00
Networking Luncheon for Delegates and Speakers
14:10
Overcoming Complications When Determining the Reasonableness of Defense Costs
Mr. Andrew M. Reidy
Partner
Howery LLP
1 file
Overcoming Complications When Determining the Reasonableness of Defense Costs
300.5 KB 14 pages Presentation
PPT - Overcoming Complications When Determining the Reasonableness of Defense Costs
Ms. Anjali C. Das
Partner
Wilson Elser Moskowitz Edelman & Dicker LLP
Mr. John Toothman

Devil's Advocate‚ LLC
1 file
Reasonable Defense Costs
172.5 KB 30 pages Presentation
PPT - Reasonable Defense Costs
14:50
Afternoon Refreshment Break
15:00
Excess Insurance Disputes and D&O Claims Resolution: What Companies Need to Know About What Their Policies Do and Don't Cover
Mr. Steve Shappell
Senior Managing Director
Aon Financial Services Group
Ms. Nancy Adams
Member
Mintz‚ Levin‚ Cohn‚ Ferris‚ Glovsy and Popeo‚ P.C.
Mr. Michael S. Levine
Partner
Hunton & Williams LLP
Mr. Michael W. Early
Assistant General Counsel
Chicago Underwriting Group, Inc.
16:15
D&O Activity Abroad: Assessing Risk‚ Coordinating Policies and Accounting for International Considerations in a Time of Increased Global Litigation and Enforcement
Carol A.N. Zacharias
Deputy General Counsel, Executive Vice President
ACE North America
Ms Lee Lindsay
Senior VP‚ International Product Advisor
Aon
1 file
USAD&O LiabilityThe World in 2009 and BeyondLee
2.6 MB 100 pages Presentation
ZIP - USAD&O LiabilityThe World in 2009 and BeyondLee
17:15
Conference Ends