RIMS 2009 Sessions Guide - (Page 28) Food for Thought—Managing the Risks of Product Liability and Recalls (INS302) INSURANCE Navigating the Minefield of Contractual Indemnity Coverage and Additional Issues (INS201) Tuesday, 10:45 am - 12:15 pm Understand the key strategies for dealing with the day-to-day challenges of risk management through contractual indemnity and additional insured coverage. Learn from panel members’ experience with contractual indemnity and additional insured issues, including their work together on the successful mediation of a multimillion-dollar additional insured case. Discover real-life solutions to the issues you face every day, such as horizontal versus vertical exhaustion, certificates of insurance, subrogation, notice and ongoing operations. Kevin R. King Vice President, Claims and Legal Services Turner Construction Company Tracy A. Saxe, Esq. Partner Saxe Doernberger & Vita P.C. Paul J. Van Osselaer Partner Van Osselaer & Buchanan LLP Tuesday, 9:00 am - 10:30 am From recalls of foreign-manufactured products to product liability claims alleging contamination of food and toys, allegations that products might pose dangers to consumers affect an ever-expanding list of companies. Virtually every economic sector of the global supply chain must consider whether they are protected. With product recall and food-contamination outbreak case studies, discover how you can best prepare for and respond to product liability claims and recalls. From both the insurer and policyholder perspective, discuss implementing effective risk management practices, available types of insurance products, creating and putting into practice a first-response plan and anticipating and handling litigation and negotiation challenges to maximize insurance recoveries. Joseph F. Bermudez, Esq. Attorney, Food Contamination Coverage Practice Cozen O’Connor Valerie Q. Clark, FRM Candidate Senior Director, Risk Management Quiznos Mitchell Schmidt Senior Vice President ACE USA Protecting Your Foreign Subsidiary D&Os—Are You Breaking the Law? (INS300) Thursday, 11:30 am - 1:00 pm Regulators around the world are increasingly addressing the issue of whether insurance purchased by a local company needs to be written by a locally admitted insurer or whether a foreign insurer is permissible, as would be the case for a U.S. company insuring local subsidiary executives through a U.S.-issued global directors and officers (D&O) liability policy. Many countries are unclear or do not address the issue, leaving companies unsure as to whether they have complied with local laws and regulations or if there will be issues transferring claims payments back to the local country. Explore these issues in depth and discuss the process some companies employ to ensure local compliance. Richard J. Bortnick, Esq. Member Cozen O’Connor Sanford Crystal Executive Vice President Frank Crystal & Company Diane Kincaid Corporate Risk Manager Scientific Games Corporation Insurance Issues in Corporate Mergers, Acquisitions and Similar Transactions (INS203) Monday, 3:30 pm - 5:00 pm Risk professionals increasingly are involved in corporate mergers and acquisitions (M&A) and similar transactions, such as divestitures and buyouts. Find answers for key insurance-related questions about M&A transactions. How is your ability to access historical insurance rights affected and how can the new or acquiring company access the historical rights of the predecessor or selling company? How are such insurance rights affected by the form of the transaction or the language in the transaction documents or historical policies? Should new policies be obtained? How does the emergence of representations and warranties insurance as a potential substitute for the private indemnities affect a transaction? Peter N. Flocos Partner K&L Gates LLP Kathryn M. Turck-Rose, CPCU Vice President Merrill Lynch & Company, Inc. 28 RIMS 2009 Annual Conference & Exhibition, April 19-23
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