Susan Aldridge Partner at Norton Rose Fulbright (US) LLP and Marc Penchansky, a Partner at White & Williams, LLP presented on the following topic: Human Trafficking Lawsuits: A Growing Risk for Insurance. Their presentation covered federal and state statues that provide relief for claimants who allege they have been trafficked, as well as a review of some applicable case … [Read more...] about Civil Human Trafficking Lawsuits: A Growing Risk for Insurance
Regulatory
The “Texas Two-Step” Bankruptcy Strategy
Panelists John Cruciani and Scott Davis, both Partners with Husch Blackwell gave an insightful presentation on the Texas Two-Step Bankruptcy, explaining how it works and providing an overview of the Texas corporate statutes from which the maneuver flows. They also discussed the high profile case of Johnson & Johnson (“J&J”), as well as an update on other ongoing cases, … [Read more...] about The “Texas Two-Step” Bankruptcy Strategy
Litigation Funding and Social Inflation: An Increasing Concern for Insurers
On a sweltering day in NYC, AIRROC opened its Summer Membership Education Day with a panel of experts that described our own industry climate change: the social inflation that is driving nuclear verdicts and run-away inflation in losses. Just as climate change increases the intensity of storms, the social climate surrounding litigation has increased the potential for more … [Read more...] about Litigation Funding and Social Inflation: An Increasing Concern for Insurers
Exploring Russian sanctions and insurance coverage
June 22, 2022 - According to White House statements, the "United States, with the G7 and the European Union, will continue to impose severe and immediate economic costs on the Putin regime for its atrocities in Ukraine, including in Bucha." As one part of this effort, in a statement by the White House on April 6, 2022, "devastating economic measures to ban new investment in … [Read more...] about Exploring Russian sanctions and insurance coverage
Spotlight on New Co-Chair Betsy Mitchell
“For this game you need, above all things, to be in a tranquil frame of mind.” Harry Vardon “Achievements on the golf course are not what matters, decency and honesty are what matter.” Tiger Woods “The more I work and practice, the luckier I seem to get.” Gary Player Betsy Mitchell, Co-Vice Chair of AIRROC and Reinsurance Manager, A.G. Risk Management Inc., took time … [Read more...] about Spotlight on New Co-Chair Betsy Mitchell