ROBERT W. STRAIN
Publishing and Seminars Incorporated
since 1984
P.O. Box 1520, Athens Texas 75751-1520
(903) 677-5974 from 9 to 3
E-mail: strainrw@aol.com     Website: www.strainpublishinginc.com

DAY TWO: THURSDAY – July 19, 2012

  

   7:30 to 8:30           Breakfast Buffet

           

   8:30 to 9:10     9.  CLAIMS CLAUSES COMMON TO CASUALTY & PROPERTY EXCESS OF LOSS REINSURANCE

                                (For maximum results, read Chapters R13 & RCW5.)

                                Susan E. Mack, Principal, Portia Consulting Services, LLC, 264 Royal Tern Road North, Ponte

                                  Vedra Beach, Florida 32082

·          Hours (noncatastrophe), notice of loss (including late notice), subrogation and salvage

·          Trigger in CGL and reinsurance contracts

 

  9:20 to 10:00   10.  CLAIMS CLAUSES (concluded)

 

10:00 to 10:20           Coffee/Tea

 

10:20 to 11:10   11.  SPECIAL CLAUSES AND ENDORSEMENTS

                                (For maximum results, read Chapter RCW15.)

                                Michael S. Olsan

·          Special termination

·          Warranties

·          Errors and omissions

·          Self-insured obligations

·          Currency

·          Service of suit

·          Access to records

·          Follow the fortunes, settlement, actions

 

11:20 to 12:00    12.  SPECIAL CLAUSES AND ENDORSEMENTS (concluded)       

 

 12:00 to 1:15            Luncheon – Faculty designated tables

 

  1:15 to 2:00    13.  DESIGNING THE PRIMARY INSURER’S PROGRAM

                                (Fox maximum results, read Chapter R9.)

                                Kevin B. Oates, Jr., M.B.A., ARe, AlAF

·          What does the cedent need?

·          What are its alternatives?

·          Measuring results for success

 

  2:10 to 3:00      14. INSOLVENCY, COMMUTATION & OFFSET CLAUSES

                                Michael Thompson, Partner, Edwards Wildman Palmer LLP, Three Stamford Plaza,

                                 301 Tresser Blvd., Stamford, Connecticut 06901

·          Insolvency: the clause, standing of liquidators, direct settlement with policyholders

·          Commutation: negotiation and forms, pitfalls

·          Offset: better clauses

                                           

  3:00 to 3:20            Soda/Coffee

 

  3:20 to 4:00      15. MARKETS AND ISSUES: U.S., U.K., AND BERMUDA

                                Chris Brockett, Retired Principal, Towers Perrin, personal email: brockett.chris@gmail.com

·          Government regulation

·          Taxation

·          Sources of capital – Reinsurers v. capital markets

·          Financial incentives – Which is most profitable?

 

  4:10 to 5:00      16.  PANEL OF THE DAY’S SPEAKERS

                                 with Guest Panelist Joseph E. Carney, JEC Consultants, 4 Herning Avenue, Cranford, New Jersey 07016

                                       

  5:00 to 6:00            Free time each day for rest and recreation

                                          

  6:00 to 6:45            Social Hour

 

        6:45                  Dinner (choice of three entrees) – Faculty designated tables