and Maximizing Recovery After
and Africa on Jan. 30—Would You Be Covered?***
CD of Teleconference with Q&A
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Conducted on Wednesday, February 6, 2008
Now available on CD |
and the Legal Publishing Group of Strafford Publications
The Southern California fires. Burst water pipes. Hurricanes Katrina and Rita. Hackers disabling a company's website. September 11. These dramatic and many more mundane events disrupt businesses and trigger devastating losses for companies around the country.
Many companies identify deficiencies and ambiguities in their insurance coverage for the first time during such a crisis. Business interruption insurance—for the loss of income due to severe property damage—has spawned much controversy and litigation.
For instance, United Air Lines surely did not foresee that its insurance policy language would not cover losses at its World Trade Center and Washington National Airport facilities. It learned the hard way—after losing its suit and a subsequent appeal against its insurer.
Listen as our panel of authoritative attorneys examines and analyzes the different business interruption coverages available and the legal issues arising both from catastrophic tragedies and the more mundane—and more common—events that could nonetheless cause costly disruptions in business operations.
The panel included:
Barry S. Neuman, Counsel, Carter Ledyard & Milburn, Washington, D.C. He focuses on commercial and environmental litigation. He represented the plaintiff in HMSHost Corporation v. Zurich American Ins. Co, concerning business interruption coverage under the civil authority provision. In HMS Host, the federal court held the civil authority provisions provides coverage for business interruption losses sustained at airports around the country due to the Sept. 11 attacks.
Christopher S. Clemenson, Member, Cozen O’Connor, Denver. His practice focuses on insurance coverage matters. He advises clients on first-party coverage issues, including claims made under commercial property policies and builder's risk policies. He also has significant experience in complex commercial litigation and construction defect litigation.
Marshall Gilinsky, Shareholder, Anderson Kill & Olick, New York. He concentrates on assisting clients recover business interruption insurance coverage and damages arising out of prominent catastrophes. His insurance coverage practice focuses on property insurance, commercial general liability insurance, directors' and officers' insurance, captive insurance and reinsurance issues.
The panel reviewed these and other key questions:
- In managing the legal and business risks associated with loss of income, what coverages are available?
- What are insurers paying with little argument, and what they are challenging or trying to exclude?
- What are the most highly disputed areas between insurers and businesses filing claims for income interruptions?
- What legal and practical issues arise in valuing claims in a crisis situation?
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TELECONFERENCE CD
Purchase a CD-ROM of the full conference proceedings, including Q&A and PDF files of all handouts (available 10 days after the program).
- Regular Price - $297 (plus $9.45 S&H)
- With Teleconference Registration – an additional $75 (plus $9.45 S&H)
CLE credit is available for an additional $65 each for attorneys seeking CLE credits for NY or CT. Other states may grant CLE credits for listening to this CD - check with your state about applying for self-study credit on CD-listening.