Kristen Kish of Mound Cotton Wollan & Greengrass LLP and Juliana Toes of Mayer Brown LLP have been named the 2025 recipients of the AIRROC NextGen Leadership Award. Both honorees have significantly advanced AIRROC’s educational efforts, strengthened outreach, and supported the development of rising legacy professionals. Kristen Kish, a Partner at Mound Cotton Wollan & … [Read more...] about AIRROC Announces 2025 NextGen Leadership Award Honorees
Summary of Events
Five New Legacy Professionals Earn their CLP Designation
During the 2025 Legacy Transaction & Networking Forum, the Certified Legacy Professional ("CLP”) designation was awarded to five legacy professionals who have completed the necessary coursework. The CLP designation recognizes individuals who have demonstrated specialized professional knowledge and experience in the legacy sector. Congratulations to Elaine A. Caprio, Paul … [Read more...] about Five New Legacy Professionals Earn their CLP Designation
AIRROC Kicks Off 2025 Forum with Keynote Speaker Brian Snover of Berkshire Hathaway
AIRROC kicked off its 2025 Legacy Transactions & Networking Forum and 20th Anniversary celebration with keynote speaker Brian Snover, Senior Vice President and General Counsel of Berkshire Hathaway. Many may recall that Brian was the 2007 AIRROC Person of the Year and as he quipped during his opening remarks, this is his return to the scene of the crime. He explained his … [Read more...] about AIRROC Kicks Off 2025 Forum with Keynote Speaker Brian Snover of Berkshire Hathaway
AIRROC: Past, Present and Future
AIRROC marked its 20th anniversary with a panel discussion that highlighted the organization’s journey, its evolving role in the re/insurance sector, and its vision for the future. The panel featured Andrew Maneval, founding Chair of the Board of AIRROC; Jonathan Rosen, founding Board member and past Chair; and Marianne Petillo, founding Board member, past Chair, and current … [Read more...] about AIRROC: Past, Present and Future
Leveraging AI for Legacy Books of Business
Karen Borg, Consulting Director, Reinsurance Contracts at CNA, Teresa Snider, a partner at Porter Wright Morris & Arthur LLP, and John Standish, Co-Founder and Chief Innovation and Compliance Officer at Charlee.ai provided a broad overview of the potential uses of AI in the insurance industry and the pitfalls to avoid when implementing AI solutions into workstreams. Mr. … [Read more...] about Leveraging AI for Legacy Books of Business
Market Insights and Perspectives
Presenters: Keith Palmer, Actuarial, PwC Robbie Kerr, Corporate Liability Restructuring, PwC Stephanie Robb, Actuarial, PwC Rebecca Wilkinson, Corporate Liability Restructuring, PwC Louis Isaacson, Corporate Liability Restructuring, PwC This session focused on the results of PwC’s 2025 Global Insurance Run-off Survey produced in association with AIRROC and … [Read more...] about Market Insights and Perspectives
AIRROC Awards 2025 Trish Getty Scholarship to Samit Alam
AIRROC and AIRROC’s NextGen Council honored the 2025 Trish Getty Scholarship recipient, Samit Alam, during the awards ceremony at the October Legacy Transactions & Networking Forum in Jersey City, NJ. Since 2012, the $5,000 Trish Getty Scholarship has been awarded to an exceptional undergraduate student studying insurance, risk management, or actuarial science. The … [Read more...] about AIRROC Awards 2025 Trish Getty Scholarship to Samit Alam
Legacy Liftoff: Launching into Runoff Fundamentals
In July 2025, AIRROC’s NextGen Council and Mayer Brown co-hosted a webinar, “Legacy Liftoff: Launching into Runoff Fundamentals,” (the “Webinar”) an interactive webinar designed to provide emerging professionals with a comprehensive primer on the ever-evolving insurance runoff marketplace. Moderated by David Silvers (RiverStone), the panelists included Angela Sampson (Guy … [Read more...] about Legacy Liftoff: Launching into Runoff Fundamentals
Forever Chemicals, Enduring Challenges: PFAS Implications for US Legacy Portfolios
Travis Grulkowski of Miliman served as moderator of a panel comprised of Drew Growth, also with Miliman, Dieter Juedes of Husch Blackwell and Michael Meadows of Swiss Re at the AIRROC July 2025 Education Day. This session began with a background on PFAS, detailing the nature, purpose, and uses of Per- and Polyfluoroalkyl substances. The speakers provided an overview of the … [Read more...] about Forever Chemicals, Enduring Challenges: PFAS Implications for US Legacy Portfolios
A Claims-Made Mess and RICO Insurance Fraud Update
Bruce Friedman, a Partner with Gallo Vitucci Klar LLP and Andrea Silk, also with Gallo Vitucci Klar LLP gave a two-part presentation at the July 2025 Summer Membership Meeting. The first was a case study of an active pending arbitration in which the audience was encouraged to act as jurors. The case presented a complicated fact pattern involving a claims made policy covering … [Read more...] about A Claims-Made Mess and RICO Insurance Fraud Update
California Wildfires
Matthew J. Lasky and Kristen C. Kish of Mound Cotton Wollan & Greengrass led the session on California wildfires over the past several years, including some of the major insurance and reinsurance coverage issues. The discussion began with a cautionary note that “wildfire” itself may be a defined term in an insurance or reinsurance contract, which may create coverage … [Read more...] about California Wildfires
The Price of Peace: Techniques for Evaluating the Value of a Claim
Matthew T. Furton, a Partner with Troutman Pepper Locke, Ava Musnicki, a Senior M&A Associate with Compre Group, and Caryn Siebert, VP, Director of Carrier Engagement with Gallagher Bassett Services kicked off AIRROC’s 2025 Summer Membership Meeting. This highly experienced panel brought a wealth of perspective to review the challenges and goals of evaluating claims. … [Read more...] about The Price of Peace: Techniques for Evaluating the Value of a Claim
Municipal Liability Cases
Coincidentally, this year’s AIRROC summer meeting was held in New York City. Brian McElhenny and Jeffrey Migdalen, from the Gerber Ciano law firm, treated participants to a presentation highlighting the frequent litigation against New York State municipalities for various torts. These include motor vehicle accidents involving municipal vehicles or emergency vehicles, motor … [Read more...] about Municipal Liability Cases
Navigating Time Limit Demands: Best Practices for Insurers in the Age of Social Inflation
Presented by Daisy Khambatta and John LaBarbera, Partners, Kennedys In today's legal landscape, insurers face unprecedented challenges with time limit demands, driven by the rising tide of social inflation. As verdicts escalate, with some reaching astronomical figures like the $1.2 billion Texas case, insurers must develop robust strategies to respond to policy limit … [Read more...] about Navigating Time Limit Demands: Best Practices for Insurers in the Age of Social Inflation
Social Media and Insurance Coverage: A TikTok-ing Clock
This presentation explores the evolving intersection of social media and insurance coverage, emphasizing the rapidly growing risks and claims stemming from platforms like TikTok. Legal, regulatory, and market-based concerns are brought to light, especially as technologies such as AI integrate into social platforms. Peter Calleo and Troy Shuman of Enstar, Grace Seigel of Guy … [Read more...] about Social Media and Insurance Coverage: A TikTok-ing Clock
Notable Insurance Coverage Cases
This session offered a comprehensive review of some of the largest and most notable coverage cases from 2024. David Silvers, Complex Assumed Claims Analyst, RiverStone Group moderated the discussions led by representatives from AIRROC’s Corporate Partner firms. Panalist included J.D. Anders, Counsel, Chaffetz Lindsey, Kristen Kish, Partner, Mound Cotton Wollan Greengrass LLP, … [Read more...] about Notable Insurance Coverage Cases
Bankruptcies and the Runoff Market – Impacts and Implications
Shelly DeRousse and Kathleen Ehrhart, both Partners at Smith Gambrell Russell, along with Geoffrey Goodman a Partner at Foley & Lardner led the discussion on bankruptcy and the runoff market at the 2025 Spring Membership Meeting. The session focused on the increasing number of mass-tort bankruptcies and the involvement of insurance and reinsurance companies, with an … [Read more...] about Bankruptcies and the Runoff Market – Impacts and Implications
Captive Finality Solutions
The intersection of the legacy sector and the captive market, particularly the options available to exit a captive or reduce the liabilities on the balance sheet of an ongoing captive was the topic of the presentation entitled “Captive Finality Solutions.” Steve McElhiney, Senior Vice President & Director of Reinsurance, Artex chaired the panel of state regulators, … [Read more...] about Captive Finality Solutions
Top Takeaways: “Understanding Mass Tort Liability Defeasance Transactions”
Simpson Thacher & Bartlett Restructuring Partner Michael Torkin moderated a panel titled “Understanding Mass Tort Liability Defeasance Transactions” for the AIRROC Summer Membership Meeting. Panelists included Simpson Thacher Corporate Partner Ben Schaye and Associate Jamie Fell, as well as Aaron Eisenberg, Managing Director at Evercore. The panelists discussed the current … [Read more...] about Top Takeaways: “Understanding Mass Tort Liability Defeasance Transactions”
Cyber Hype…
The last session of the 2023 Summer Membership Meeting education program was a presentation by Kenneth K. Suh and Alexander R. Cox of Locke Lord entitled Privacy And Cyber Exposures From The Collection Of Information. A video replay of this presentation is available in the AIRROC On Demand library. Key takeaways from this excellent presentation on the most up-to-date … [Read more...] about Cyber Hype…
