Hear from Jerry Oshinsky of Jenner & Block and Angelo Savino of Cozen O’Connor on this important issue!
All businesses are, or should be, concerned with protecting themselves from employee fraud, dishonesty, embezzlement and/or lost resulting from fraud by a counter-party. Unfortunately, these incidents are on the rise. For the policyholder, it is important to understand what may be covered under financial institution or crime bonds, how to effectively recognize a potentially covered loss and handle the submission of a claim and the insurer’s investigation. The insurer, for its part, must understand how to investigate a submitted claim in a manner that both protects its rights, but is sensitive to the needs of the policyholder.
In this webinar — created by HB Litigation Conferences exclusively for West LegaledCenter® — you will hear from the following experienced insurance coverage practitioners:
JEROLD OSHINSKY, Esq., Jenner & Block
ANGELO G. SAVINO, Esq., Cozen O’Connor
When: Dec. 6, 2012 at 2PM Eastern Time
Price: $195 (applicable West LegaledCenter membership or subscriptions discounts will be applied)
1) Top Issues for Policyholders: Hear the Policyholder and Insurer Perspective on the Issues Most Critical to Policyholders
a. How is a claim defined and when is a claim first made?
b. Defense obligation – Does the insurer have a duty to provide a defense or pay for the defense?
c. Advancement requirement
d. Stacking issues: When do you get out of one layer of coverage and get into another?
e. What coverage is available for an entity under a D&O policy?
2) Top Issues for Insurers: Get Both the Insurer and Policyholder Perspectives on the Issues that are a Critical Focus of Insurers
a. When is a claim made?
b. Does the policy apply to related acts?
c. Loss, disgorgement and restitution, including a discussion on the personal profit exclusion.
d. Allocation between covered and uncovered claims
e. Allocation between covered and uncovered parties
f. Analysis of Side A, Side B and Side C coverage
3) D&O Coverage Analysis As Applied to Non-Profits
a. Language similar to traditional D&O insurance policy language is often used in policies issued to educational institutions and non-profits. Does the same analysis therefore apply to these policies?
4) Question and Answer Session