Schedule/Sessions
Insurance Industry Primer - MANDATORY
- Speakers:
Robert Bowers, Westfield Insurance
Melissa Hill, Sompo International Insurance
Stephen Hunckler, State Compensation Insurance Fund
Stephen Johnson, Self Employed
Fausto Martin, Fausto J Martin & Co., LLC
Matt McColley, KW Specialty Insurance Company
Christopher Morrison, Swiss Re
Hedy Linette Ranieri, Berkley Technology Underwriters
Ronna Ruppelt, Freeman Mathis & Gary, LLP
Deborah Saunders, Comcast NBCUniversal
Richard Sheridan, Berkley Cyber Risk Solutions
Claims College presents a unique educational experience created by and for industry professionals. To set the stage for these intensive 3 days of learning, several senior level claims executives will present on 10 important insurance topics for 15 minutes each:
1. Insurance 101
2. Reserves
3. Types of P&C Companies
4. Risk Management
5. Key Ratios and How They Are Calculated
6. Reinsurance
7. Insurance Brokers
8. Determining Coverage
9. Stakeholders in Claims Process
10. Negotiating Settlement
Breakfast and Keynote - Bryan Falchuk, How to Control Your Career Path to Get Your Must-Have Job
Primary and Excess Coverage
- Speakers:
Thomas Blomstrom, EMC Insurance Companies
Venessa Bragg, Elardo, Bragg & Rossi & Palumbo, P.C.
This course will explain the relationships between primary and excess insurance. It will also explain the differences between the two types of insurance and the duties owed under each type of policy. At the conclusion of this course, students will understand the fundamentals of the two types of insurance policies, the differences between the policies, and the duties owed under each type of policy; providing a foundational basis for the remainder of the CLM School of Extra-Contractual Claims courses.
First and Third Party Extra-Contractual Claims
- Speakers:
Robert Brunson, Freeman Mathis & Gary, LLP
Patricia Trombetta, Bonezzi Switzer Polito & Perry
An insurer’s duty of good faith and fair dealing is implied in every insurance policy. A first party extra contractual claim arises when a policyholder alleges the insurer has not acted in good faith in the handling of the insurance claim and involves damages in addition to or outside, the contract of insurance. A third party extra contractual claim is one brought against the insurer by someone other than the named insured for the same type of damages. This course will enable the student to understand when and how extra contractual claims arise, good claims handling to avoid extra contractual claims, how the courts and/or state statutes define good claims handling and the damages recoverable in extracontractual claims. It will also guide the student in understanding that third party extracontractual damages can be recovered in a roundabout way where no direct action is allowed.
Back to topExtra-Contractual Claim Red Flags
This course will identify claims handling red flags that every claims resolution professional should be able to recognize and understand how to appropriately respond. Among other items, this course will discuss coverage disputes; how and when to make an offer; policy limits/time limited demands; insufficient limits; rejection of a demand; rejection of a reservation of rights; and consent judgments.
Consent Judgments and Related Set Ups
- Speakers:
Hillary Jarvis, R&Q Legacy - Specialized Insurance Solutions
Sarannah McMurtry, First Acceptance Insurance Company, Inc.
This course is to explain how the use of consent judgments can lead to extra-contractual exposures for carriers. This course will explain what consent judgments are, why plaintiff’s counsel would want to enter into a consent judgment, situations where consent judgments arise, the mechanics of a consent judgment and methods by which carriers can either attack or prevent consent judgments. At the conclusion of this course, students will understand the fundamentals consent judgments, and will understand methods for attacking or preventing consent judgments.
Institutional Bad Faith
The landscape and focus of extra-contractual litigation is constantly changing. This course will discuss what an institutional extra-contractual claim is and how it differs from a typical extra-contractual claim. We will explore the subject matter of these claims; the discovery requests associated with them; and how to defend these types of claims.
Pretrial/Trial of Extra-Contractual Claims
Because extra-contractual litigation focuses on the insurance company’s conduct, litigation in these cases may require significant company resources. This course will discuss the unique challenges which must be addressed in extra-contractual litigation including evaluating of the claim; identifying company resources needed; selection of counsel; formulating and executing a litigation plan; and options for resolution.
