8:00a.m. – 9:00a.m.
Registration and Continental Breakfast
9:00a.m. – 9:15a.m.
Opening Remarks and Introduction
9:15a.m. – 10:30a.m.
The Basic Allocation Methodologies
- Fundamental allocation methodologies, including the “all
sums” methodology and the various pro rata approaches
- Horizontal and vertical exhaustion
- What are the approaches? How do they work?
- Policy language supporting the approaches
- Equities and other arguments supporting different
methodologies
- Breakdown of decisional law
- Trends of decisions
- Perspectives from the policyholder and insurer
points of view
- Collapsing vs. non-collapsing coverage blocks
10:30a.m.-10:45a.m. BREAK
10:45a.m. – 12:00p.m.
Examining Cutting Edge Allocation Issues: Exploring
Various Hot Topics in Allocation, Including:
- Multi-year policies
- Stub periods and extensions
- Impact of insurance “unavailability”
- Different lines of coverage
- Number of occurrences
- Defense vs. indemnity from the policyholder and insurer
points of view
12:00p.m. – 1:00p.m. Luncheon
1:00p.m. – 2:30p.m.
Emerging Issues and Important Developments
- Global warming and climate change claims
- Nanotechnology claims
- Policyholder bankruptcies
- Allocation modeling and cost evaluation
- Impact of tort reform, inactive dockets and legislation
2:30p.m. – 3:30p.m.
Reallocation Among Settled and Non-Settled Insurers
- Coverage settlements
- Contribution and subrogation claims, theories and defenses
- Types of “other insurance clauses” and how they interact
- Impact of insurer settlements and settlement credits
- Impact of policyholder indemnity
3:30p.m. – 3:45p.m. BREAK
3:45p.m. – 5:15p.m.
Allocation Issues Presented by the Cession: Exploring
Allocation Issues in the Context of Reinsurance
Cessions from the Perspectives of Ceding Companies,
Reinsurers and Experienced Umpires, Including:
- Bases upon which the allocation was made
- Impact of select provisions in reinsurance treaties and
facultative certificates
- Aggregation and loss occurrence issues
- Impact of follow the fortunes, settlement and form
principles
- Reinsurance red flags
- Effective arbitration strategies and techniques
5:15p.m. – 5:30p.m. Recap
- Placing themes in context
- Identifying trends
- Question and answer session
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