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New York State of Mind

Previewing CLM’s final Focus event of 2021

November 03, 2021 Photo

CLM’s final Focus conference of the year takes place on December 2, 2021, in New York City at the New York Hilton Midtown Hotel. Educational tracks covering cyber liability, extra-contractual, insurance coverage, and claims and litigation management will be offered, followed by CLM’s very own holiday party. Wondering what some of the trends and topics will be? We take the wrapping off each track to fill you in.

In the Cyber Liability track, attendees can expect the focus to remain on ransomware claims thoughout the day. The session, “How the Cyber Insurance Market Will Survive Ransomware and Other Incidents,” will discuss how increased rates are one component to the survival and growth of the cyber insurance market, and how improved applications for insurance that identify vulnerabilities and risks, utilization of vulnerability testing, and other tools will improve the value of the risk. Other ransomware-related sessions include “Anatomy of a Breach Response,” which will address the need and benefit of having an integrated incident response plan in place before a breach, as well as the critical issues to address during the initial scoping call.

In the Extra-Contractual track, a two-part year-in-review approach highlights the program. A panel of industry professionals and legal experts will review and debate the most significant case law, as well as any administrative and regulatory extra-contractual decisions from across the country in 2021 and how they will impact industry claim handling. Another notable session includes “The Attorney-Client Privilege and Practical Tips to Avoid a Bad-Faith Set-Up,” which will include a panel discussion focused on a recent Mississippi Supreme Court ruling that ordered the disclosure of communications between an adjuster and in-house counsel.

In the Insurance Coverage track, topics related to rate evasion, divvying up damages between covered and uncovered claims, and coverage issues related to ride-sharing and delivery drivers will be discussed throughout the day. In addition to these topics, the session “Got COVID-19 Coverage? How Insurers Are Handling COVID-19-Related Personal Injury Claims,” will look at how the pandemic has impacted all lines of insurance in general, the type of personal injury claims that have been filed related to the pandemic, and what key coverage provisions in D&O, EPL, and GL policies are implicated.

Lastly, attendees also have the option of attending sessions in the Claims & Litigation Management track, which offers a range of topics spanning human trafficking, how to handle an insufficient/deficient statutory demand, and handling claims expenses and losses related to first-party cyber claims. The session, “What Would Edison Think? From Light Bulbs to Electric Vehicles” will examine the risks and claims associated with electric and autonomous vehicles; applicable coverage(s) triggered; risk transfer analysis; contracts and indemnification issues; damages; expert identification and retention; and best practices in managing the claims and litigation process.

To learn more or to register, go to theclm.org. 

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About The Authors
Eric Gilkey

Eric Gilkey is vice president of content of CLM magazine, a publication of the CLM.  eric.gilkey@TheCLM.org

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