American College of Coverage Counsel 8th Annual MeetingAnnual Conference Co-chairs:
Angela Elbert Registration is no longer available for this event
** This meeting is open to American College of Coverage Counsel Fellows only. **Virtual Conference Agenda Thursday, September 10, 2020 2:00 – 2:05 pm ET
2:05 - 2:50 pm ET
This panel will examine key battlegrounds and recent developments in the area of claims handling, litigation and resolution of property damage, business interruption, civil authority and related 1st-party insurance claims. 2:51 - 2:54 pm ET
3:41 - 3:44 pm ET
Policyholders who are entitled to a defense from their insurers often are confronted with a situation where the best defense may include a good offense – in the form, e.g., of counterclaims, cross-claims, third-party claims, offensive claims in another forum (e.g. administrative challenge to a patent), or even an anticipatory suit against the claimant. Some insurers recognize "affirmative" claims can reduce or eliminate the insured's exposure for the covered claim, and therefore agree to treat those affirmative claims as within the scope of their defense obligation. Other insurers insist they are not obligated to fund affirmative claims. The courts are split on whether and under what circumstances such a duty might arise. The panel will survey the case law and principles regarding these issues. 4:35 – 5:20 pm ET
The panel will discuss the "Top Ten" insurance coverage cases over the past year from a broad spectrum of areas. 5:25 – 6:25 pm ET
1:30 – 1:35 pm ET
1:35 – 2:20 pm ET
DE Superior ct. judges have recently, and controversially, applied DE insurance law to the construction of D&O policies issued to DE-incorporated insureds located in other states. Given the number of D&O insureds that are incorporated in DE, the impact will be significant. Recent application of DE law has already resulted in several equally controversial merits decisions: finding coverage for appraisal actions; applying an extraordinarily narrow standard for relating claims; and finding a fraud exclusion doesn't apply if a claim is settled after a trial court finding of fraud. 2:21 - 2:24 pm ET
Where claims potentially vastly exceed policy limits, the handling of the defense becomes an issue for the primary carrier, the excess carrier and the policyholder, and presents a point of exploitation for the claimant's coverage counsel. The panel will discuss challenges and claims and strategies for dealing with inadequacies in defense counsel provided by the primary carrier in such cases. The panel will consider the implications of various options for dealing with such "bet the company" litigation, including demands from the policyholder and excess carrier for the selection of appropriate counsel and the issue of who pays for and controls the defense. Additional discussion will address the various approaches excess carriers may take, such as the appointment and use of monitoring counsel, ethical and estoppel issues involved with dual use of such counsel on coverage and liability/defense, privilege issues involved with monitoring counsel that do not appear as defense counsel. Next, the panel will consider the issues that can arise when the excess carrier exercises its right to associate/participate in the defense of the case, such as disputes arise over who controls the defense, potential privilege issues, waiver and estoppel. Finally, the panel will consider settlement dynamics in the context of multi-carrier cases, including to what extent excess carriers can enforce through equitable subrogation or direct duty the duty to settle on the part of the primary carrier and the extent to which the duty to settle can be invoked and called into play as to excess carriers. The panelists will address the interests of the policyholder, the primary carrier, the excess carrier and the claimant. 3:06 - 3:09 pm ET
The role of coverage counsel when representing multiple parties in a coverage action can present unique ethical and business challenges that are not always fully or clearly addressed by the Rules of Professional Conduct. In multi-party litigation, both policyholder and insurer counsel may represent two or more clients who are not directly adverse, but whose interests may diverge separate from any potential coverage dispute or litigation. During representation solely in the coverage action, coverage counsel can become privy to relevant information that neither client would reveal to the other. The panelists will share their experiences, and lead a discussion on best practices and practical solutions to manage and resolve these potentially thorny and complex issues.
1:30 – 1:31 pm ET
1:32 - 1:34 pm ET
Where an insurer breaches the duty to defend and the insured enters into a reasonable and non-collusive settlement, must the settlement be "covered" or is "coverage" meaningless in the context of the amount of the post-breach settlement that equates with and constitutes damages. 2:21 - 2:24 pm ET
An insurer's duty to defend its insured is a primary benefit of many liability policies. The consequences of a erroneous failure to defend differ greatly between the jurisdictions. This panel will explore the extra contractual and bad faith issues associated with an insurer's duty to defend and discuss the different rules in the various jurisdictions.
1:30 – 1:35 pm ET
1:35 – 2:20 pm ET
An in-depth review of First-Party Insurance Disputes including the ADR mechanisms used to resolve these matters and the roadblocks that arise with the use of Umpires and Appraisers. 2:21 - 2:24 pm ET
Issues surrounding "related acts," and "Interrelated Wrongful Acts," as those provisions appear primarily in D&O policies, are being litigated in courts throughout the country. Insurers often rely upon these concepts to avoid coverage for claims made against their insureds during a policy period if the insurer can point to something (an act) that took place prior to the policy period and to which the insurer can point as being the genesis of the eventual claim. Many D&O policies will "push back" a claim made during a second consecutive policy period and will "deem" the claim to have been made during a prior policy period -- issued by another insurer -- by relying upon the concept of a "related" act. In this way, an insurer can seek to avoid paying the claim. Policyholders insist that "related acts" provisions are only meant to assure that two claims arising from the same circumstances cannot be submitted for coverage during the same policy period -- thereby potentially triggering two policy limits. But because these provisions are often vaguely defined, if defined at all, courts must struggle with an intensive factual analysis to determine if an act taking place prior to the policy period in which a claim is made against the insured was "related" or involved "Interrelated Wrongful Acts," which would require that the claim be deemed to have been made against the insured during a prior policy period and before the inception of the policy that the insured is pursuing for coverage. 3:06 - 3:09 pm ET
The presenters will discuss the current state of coverage under typical CGL policies for IP disputes. Specifically, how courts have recently construed advertising injury coverage for copyright, trademark, patent, service mark and trade dress infringement claims. This includes whether insurance coverage is afforded for IP disputes in the context of unfair competition and trade disparagement claims and how cross-border disputes in the global economy may mean looking elsewhere for the coverage. The proliferation of IP-related risks has prompted some US and foreign market insurers to revise their CGL policies to limit coverage for many IP claims. Some now contain broad IP exclusions. The panelists will address this recent trend, what is standard in the insurance market today and potential for coverage in policies underwritten in Canadian and other foreign markets. The presentation will also cover how IP-specific specialty policies, which vary widely, are now available to address a broader array of IP-related risks than those covered by modern CGL policies, including (a) "infringement liability policies", covering third-party patent, trademark, copyright, or other infringement claims against the policyholder or in some instances, contractual IP exposure for claims against the policyholder' s licensees and customers, and (b) "abatement or enforcement" coverage designed for Companies which contemplate protecting their intellectual property rights against potential infringers. Lastly, the panel will identify and discuss what other types of policies may provide coverage for certain IP exposures arising from an organization' s e-commerce activities and business operations, including media liability insurance, cyber liability insurance, technology E&O policies and R&W insurance. 3:50 - 3:55 pm ET
4:00 pm ET Join Zoom Meeting SPEAKER BIOS Registration Cancellation Policy Cancellations received prior to 5:00 pm ET on Friday, August 28 will be refunded, less a 25% processing fee. No refunds can be given for cancellations received after this deadline. Registration is no longer available for this event Thank you to our generous sponsors
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