Insurance Law

With approximately 2,500 members throughout the United States and Canada, the Insurance Law Committee is one of DRI’s largest and most active committees. The Committee has 20 formal Subcommittees addressing the practical and substantive aspects of insurance law, including: Advertising Injury Liability; Agents & Brokers; Asbestos/Silica; Automobile Liability; Bad Faith; Canadian; Commercial General Liability; Construction Law; Directors and Officers; Emerging Issues; Employment Law; Environmental Law; Excess and Umbrella; First Party Property; Homeowners Insurance; Insurance Company Relations; Products Coverage; Professional Liability Insurance; Regulatory/Governmental Affairs and Investigations; Reinsurance; and Workers’ Compensation Insurance. Additional ad hoc subcommittees regularly form, as discussed below, to address particular topics of interest.

The Insurance Law Committee’s principal purpose is to provide first-class educational and professional resources to our members in a topical, timely and affordable manner. In addition to organizing several national seminars throughout the year on diverse topics impacting insurance law, we are also involved in sponsoring teleconferences that focus on a single topic for a short period of time, permitting people to learn from the experts without having to leave their office. For example, after Hurricane Katrina, DRI’s Insurance Law Committee hosted a teleconference that explored the coverage issues and the legal actions against the insurance industry making national headlines. The Committee also publishes a monthly “e-zine” insurance law newsletter, Covered Events, in which we summarize new case developments and feature in-depth articles. We also publish a collection of articles in For The Defense every year.

The Committee is working on a number of 50-state or nationwide compendia that summarize certain key issues in insurance law. This year the Committee will publish a Compendium on Coverage for Construction Defect Claims, an Unfair Insurance Practices Compendium and a UM/UIM Compendium.

The Committee is dedicated to producing at least one webconference series this year. We anticipate that we will do a multi-part teleconference on Insurance Fundamentals. We hope to market this to law firms that would use the series to educate their young lawyers. We also believe that insurance professionals will find this informative on areas outside their scope of practice. We are also conducting a seminar on Bad Faith Liability and Litigation.

Our Committee is often called upon by DRI to address issues of specific concern to the world of insurance. For example, in past years we have prepared amicus briefs to be submitted to the U.S. Supreme Court by DRI. The Insurance Law Committee has also been instrumental in organizing and developing the Insurance Roundtable meetings between insurance claims executives and leading members of the defense bar. These Roundtables have provided a neutral forum to promote solutions to problems affecting the tripartite relationship, particularly legal and ethical issues resulting from the increased use by insurers of outside auditors and billing guidelines.

The Insurance Law Committee invites all attorneys involved in insurance claims and litigation to share our fellowship.

E-News Flash

American Equity Investment Life Insurance Company, et al., v. Securities and Exchange Commission, Case No. 09-1021 (D.C. Cir.)

Rule 151A was adopted by the SEC in April 2009 and purported to regulate indexed annuities under its authority to regulate securities. On July 21, 2009, the D.C District Court found that indexed annuities were, in fact, securities, and therefore did not fall within the exemption for annuities from the Securities Act of 1933, but remanded a challenge to Rule 151A  on the basis that the SEC had failed to satisfy the requirements of Section 2(b) of the Act requiring the SEC to consider the effects of its rules on efficiency, competition, and capital formation.
 
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DRI Insurance Coverange and Claims Institute - April 14-16, 2010, 2010

Whether you are a seasoned veteran or are new to the coverage and claims arena, DRI’s Insurance Coverage and Claims Institute will increase your understanding of new and emerging issues to give you an edge. The speakers are drawn from top defense attorneys, in-house counsel, claims personnel, insurance regulators and judges to bring you new views and different perspectives on the latest coverage and claims issues. Attendees can also select from two different tracks to get an in-depth look at insurance bad faith claims or professional liability issues.

CLICK HERE to register.

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Links of Interest

Committee Chair

Lee Craig

Butler Pappas

(813) 281-1900
E-Mail: lcraig@butlerpappas.com

Committee Vice-Chair

Anthony R. Zelle

Zelle McDonough & Cohen

(617) 742-6520
E-Mail: tzelle@zelmcd.com

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