AAIS
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The AAIS Main Event
Where insurance leaders come together to explore
product issues, discuss solutions, exchange ideas . . .

April 20-22 ● Ponte Vedra Inn & Club, Ponte Vedra Beach, Fla.


Ponte Vedra

George Dale added to
lineup of speakers

George Dale, who served more than 30 years as insurance commissioner of Mississippi, will speak on political issues affecting property/casualty insurers in an appearance recently added to our Main Event lineup.

Dale, who won eight consecutive terms, was the nation's longest serving insurance commissioner before being defeated in a party primary in 2007. His overview of political issues affecting insurance underwriting will serve as a lead-in to a panel of four company CEOs, described below.

Keynote Speaker

Our keynote speaker this year is W. Michael Cox, senior vice president and chief economist of the Federal Reserve Bank of Dallas, who will speak on "Ten Important Long-Term Trends in the Economy."

Dubbed the "Prophet of Boom" by Wired magazine, Cox authors the Dallas Fed's annual essays on living standards and the expanding global economy. Cox's observations on the progress in Americans' level of material well-being receive extensive coverage in major publications, and he is a frequent guest on national media, including CNN, the Voice of America, National Public Radio, and ABC programs hosted by John Stossel.

Other Outside Speakers

Hazardous Imports and Products Liability

GreenbaumFrom toys to pharmaceuticals to pet food, products of all kinds have been in the headlines for hazardous substances that have originated overseas. Where does the chain of products liability lead when injury results from these substances? What responsibility do local distributors and retailers--and their insurers--have when the origin of these hazards cannot be identified or accessed?

Josh Greenbaum is a member of the commercial litigation practice group of Cozen O'Connor, one of the nation's leading insurance defense firms. Greenbaum, who worked seven years in claims for three carriers, will discuss what the firm has learned as it defends companies involved in imports-related products liability litigation.

The Growth and Evolution of Rating Variables

KuceraInsurers are engaged in a high-stakes competition to identify and develop new variables for determining the level of risk posed by different individuals, households, and organizations. Carriers that can utilize some form of predictive modeling based on these variables will be positioned to survive. Carriers that cannot do that will find themselves adversely selected against.

Jeff Kucera, a consulting actuary from EMB America, will describe what leading companies are doing in this regard and what all companies
can do to stay competitive.

Underwriting E-commerce Insurance

parisiInsurance coverage for electronic information and business operations entails a unique combination of property and liability exposures different from those facing traditional tangible property.

No one knows better how to analyze those exposures, underwrite them, and implement effective loss control than Robert Parisi, Marsh USA's national practice leader for network risk, technology and telecommunications. Before joining Marsh, Parisi was chief underwriting officer for e-business risk solutions for AIG.

Catastrophe Modeling

HealyIt's been more than 15 years since Hurricane Andrew, and the catastrophe modeling practices embraced after that event have matured through refinements in data and modeling techniques in the wake of subsequent disasters.

Robert Healy has been with the EQECAT catastrophe modeling service since its inception in 1994, and has played a major role in developing it into one of the leading catastrophe risk modeling and consulting firms. Healy, now senior vice president of ABS Consulting, which owns EQECAT, will describe the evolution of catastrophe modeling and point out the possibilities and challenges that lie ahead.


The 2008 Main Event expands upon
popular features of last year’s conference.

AAIS Update

This year’s presentation on AAIS product research and development will focus on three themes that follow upon topics presented by other conference speakers.

  • “New Distinctions in Rating and Classifications” will describe current AAIS initiatives to refine its fire protection classifications, develop an experience rating plan in Homeowners, incorporate modeled data into property lines, and institute ZIP Code-based rating territories.
  • “The Next Wave in Rating Considerations” will preview changes on the horizon for AAIS rating plans. These include separate rating by peril for package policies, particularly Homeowners, and further revision of rating factors to reflect results of multivariate analysis and predictive modeling.
  • “Key Coverage Issues” will highlight certain exposures being addressed by changes in AAIS policy language, such as the definition of “agritainment” in farm liability, refinements to Homeowners provisions addressing water damage, and the crafting of commercial umbrella language that will apply independently of the underlying policies. This segment will conclude with a look at emerging issues that may call for future changes to policy language.

Roundtable Discussions

Additional time is being allotted to this year’s roundtable discussions, which will provide attendees with more detailed information on the topics presented in the AAIS Update, and give them a chance to discuss these developments with new AAIS staff members.

Attendees can select from among four roundtables:

  • Personal Lines, moderated by Susan Luecke, assistant vice president of personal lines and leader of the team that developed the latest AAIS Homeowners revision.
  • Commercial Lines, moderated by Tony Leist, assistant vice president of commercial lines and project leader for the AAIS Commercial Umbrella Program revision.
  • Farm and Agriculture, moderated by Sherry Taylor, manager of farm and agribusiness and our leading expert for the development of new farm commercial liability forms and rating classifications.
  • Executive, moderated by Paul Baiocchi, AAIS president.

Other AAIS staff members who will be at the conference and in the roundtable discussions include:

Greg Jaynes, director of actuarial services;
David Linton, vice president of technical services;
Debi Summerlin vice president of insurance lines; and
Joyce Tignino, vice president of marketing and industry relations.


CEO Panel

A panel of company CEOs will address political and economic issues that impact companies’ pricing and underwriting decisions. Among the panelists will be:

  • AAIS Vice Chairman Darin Kath, president and CEO of Jewelers Mutual Ins. Co., Neenah, Wisc.;

  • Robert Restrepo, chairman, president, and CEO of State Auto Ins. Cos., Columbus, Ohio; and

  • Robert Wadsworth, chairman and CEO of Preferred Mutual Ins. Co., New Berlin, N.Y., and former chairman of AAIS and the National Association of Mutual Insurance Companies.

AAIS Chairman James Sullivan, president and CEO of Co-Operative Ins. Cos., Middlebury, Vt., will moderate the panel.

For more information, contact Joe Harrington at joeh@AAISonline.com
or by calling 800-564-AAIS.

 

Top of page

 

Main Event


aConference Program
xConference Registration
Sign up by Feb. 29 to receive
an early-bird discount.

aOur Conference Hotel
xHotel Registration
 

aSocial Events 

aConference Brochure PDF



 


Schedule in brief

 SUNDAY, APRIL 20
xSunday evening
  Opening reception
 MONDAY, APRIL 21
xMonday morning
  Breakfast
  Business Session

xMonday afternoon
  Golf Outing
  Boat Cruise

xMonday evening
  Reception
 TUESDAY, APRIL 22
xTuesday morning
  Breakfast
  Business Session

xTuesday morning-afternoon
   Spouse/Guest tour
   of Jacksonville  

xTuesday afternoon
   Luncheon
   Rountable Discussions

xTuesday evening
  Closing reception and dinner 
  Beach Party

 

   
 
 

AAIS
American Association of Insurance Services
1745 S. Naperville Road | Wheaton, IL  60187-8132
630-681-8347 | 800-564-AAIS | Fax  630-681-8356