Three speakers have been confirmed for the AAIS
"Main Event," the successor to its former annual conference, April 22-24
in Charleston, S.C. The three confirmed speakers are:
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Robert Blaunstein, director of loss
control for American Safety Ins. Co., and
an author of numerous reports and articles on nanotechnology. He
will address the insurance implications of the development of
new materials at the atomic level.
-
David Herman, senior counsel and senior
director of claims for the Food Products Association. He will
address trends in food and beverage liability claims as they affect
the full range of food production operations, from farmers to
retailers.
-
Charles Kingdollar, vice president in the
emerging issues unit of Gen Re, and a writer/researcher for several
Gen Re publications. He will address insurers' growing exposure to
personal injury claims arising from use of the Internet and
electronic communications media.
The conference program will focus on product-related
issues of strategic importance to company CEOs and heads of operational
units. In addition to the speakers listed and others invited, the
program will also feature roundtable discussions and a CEO panel.
Charleston's historic Mills House
Hotel will serve as the principal location for the Main Event. In
addition, a golf outing is planned for the
Rivertowne Country Club,
a guest/spouse tour for the historic
Middleton Place estate, and
a closing dinner at The Old
Exchange & Provost Dungeon.
For more information, contact Joseph Harrington,
director of corporate communications at
joeh@AAISonline.com or by
calling 800-564-AAIS.
AAIS has released a revised sample transition rule and
manual supplement under its Commercial Liability program. The rule is
designed to help minimize the effect of rate level changes that may
occur as affiliates convert from the traditional state-specific manuals
to the newer countrywide manual that uses inflation-sensitive rating
bases.
Among other things, the revised supplement clarifies
that the transition rule is intended to cap premium charges at the
policy level, and it explains the implications of the transition plan
for policies subject to audit.
Robert Guevara, AAIS vice president for inland
marine, will make two presentations at the
NAMIC Commercial Lines
Underwriting Seminar, Feb. 28-Mar. 2 in downtown Chicago.
On Thursday, March 1, Guevara will lead a concurrent
session on "Demystifying Output Coverage Programs," where he will
describe the coverage features and manual rules that are unique to a
commercial output policy.
The next day, he will lead a concurrent session
entitled "Understanding Current Inland Marine Coverage Issues for
Construction Risks," where he will address current issues in
contractors' equipment, builders' risk, installation floaters, and
riggers' liability.
As of Jan. 1, 2007, insurers writing automobile
liability coverage in Louisiana, including umbrella policies written
over auto policies, must require insureds to initial and sign a newly
re-promulgated form indicating whether they accept or decline
uninsured/underinsured motorist (UM/UIM) coverage for bodily injury, and
what limit they select.
The form is attached to a
September bulletin issued by the Louisiana Department of Insurance.
A
clarification notice issued in December specifies that the form will
remain valid for the life of the policy and need not be filled out
again upon renewal of the policy unless changes are made to the UM/UIM
selection.
A separate
advisory letter from the department clarifies the obligations and
restrictions on authorized insurers related to assessments on
policyholders arising from assessments on insurers by the Louisiana
Citizens Property Insurance Corporation, the state's insurer of last
resort for residential and commercial building property.
The staff of AAIS thanks our customers and friends for
their support over the years, and extends our wishes to all for a happy,
safe, and prosperous 2007.
