Business Interruption Insurance Conference
June 16, 2004
The Ritz-Carlton Hotel, Pentagon City

Conference Chaired by
Walter J. Andrews, Esq., Shaw Pittman, LLP, McLean, VA
Lorelie S. Masters, Esq., Jenner & Block, LLP, Washington, DC

Aspen Publishers

Conference Agenda

Wednesday, June 16, 2004

8:00
Registration and Continental Breakfast

8:30
Welcome & Introductory Remarks
Lorelie Masters, Jenner & Block
Walter Andrews, Shaw Pittman

8:45
Business Interruption Claims: The Emerging Trends
• What’s being litigated and what’s being paid?
• Areas of dispute in the claims process
• What coverages are available?
• What are the new exclusions?
Walter Andrews, Shaw Pittman

9:30
Valuation of claims
• Role of the adjuster/broker
• Role of the experts
• Legal issues
• How to crunch the numbers
• Determining amount of your losses
• Sources available
Laura Novak, Senior Director Risk Management, AvalonBay Communities, Inc.
Joseph Guistino, CPA, Director, Insurance Claims Services Group, PricewaterhouseCoopers

10:15
Morning Break

10:30
Update on 9/11 Claims & Litigation
• What issues are emerging?
• Binding risk
• Update on Silverstein case
• Number of occurrences
• The effect of 9/11 on business interruption litigation
• Additional insureds
• Ramifications of different legal positions
• Elements of business interruption claims
• Sufficiency of coverage/amount of loss
Policyholder perspective: John Gross, Proskauer Rose
Carrier perspective: Lon Berk, Shaw Pittman

11:15
Appraisal
• When should you be able to force an appraisal?
• Timing issues – when should an appraisal be invoked and when should it be completed?
• Potential legal issues
• How the appraisal process works
• Applicability of the appraisal process to business
interruption claims
Mark Miller, Greenberg Traurig
Glenn Pomerantz, CPA, BDO Seidman LLP

12:00
Luncheon & Keynote Address – Terrorism Risk Insurance Act
Eric Goldberg, Assistant General Counsel, American Insurance Association

1:15
Presenting the Claim
• Documentation
• Proof of interruption and lost profits
• Duration of cessation
• How do you avoid litigation?
John Love, Principal, AH&T Technology Brokers
Richard Lewis, Anderson Kill & Olick

2:00
Contingent Business Interruption Coverage
• Applicability: issues unique to contingent business
interruption insurance
• Proving the loss/unique valuation issues
• Proximity to damage
John Love, Robins Kaplan Miller & Ciresi

2:45
Afternoon Break

3:00
Civil Authority and Other Related Coverages
• Civil authority
• Denial of access
• Proximity to physical injury
• Scope of governmental action required
Policyholder perspective: Karen Bush, Dickstein Shapiro Morin & Oshinsky
Carrier perspective: Lynn Neuner, Simpson Thatcher & Bartlett

3:45
Further Related Coverage Issues
• Number of occurrences
• Period of restoration
• Extra expense
• Time-element loss
• Mitigation
Policyholder perspective: Matthew Schlesinger, McKenna Long & Aldridge
Carrier perspective: Christopher Finazzo, Budd Larner

4:30
Business Interruption Product Strategies
• What products are being sought by corporate clients?
• Changes within the last 36 months
• The underwriting process
• Use of alternative risk transfer for difficult to insure risks
Gail Norstrom, Managing Director, National Property Practice Group, AON Risk Services

5:15
Adjourn

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Registration Fee
The registration fee includes continental breakfast, luncheon, attendance at all conference sessions, a copy of the conference handbook on CD and coffee breaks. The registration fee is $895 for the first attendee.

How to Register
Fax is the best way to enroll, allowing us to attend to your registration immediately. Please fax this form to (610)768-0303, call 1-800-MEALEYS, (610)768-7800, e-mail mealeyseminars@lexisnexis.com or mail this form with payment to Mealey Publications, P.O. Box 62090, King of Prussia, PA 19406-0230. Receipt of payment guarantees your registration.

Special Discounts
• Corporate Discount — $200 off — $695
• Additional registrants from the same firm or company — $150 off — $745
• Government employees — one-third off — $595
• Sitting judges — attend free
• Paralegals — two-thirds off — $300

Special Needs
Should you have any special needs, please contact Mealey’s at least three weeks prior to the conference, to allow us time to make reasonable accommodations.

Hotel Accommodations
The Ritz-Carlton Pentagon City is located at 1250 South Hayes Street, Arlington, VA, just 10 minutes from downtown Washington. Attendees should make reservations directly with the hotel by calling (703) 415-5000. When making reservations, indicate that you are attending Mealey’s Business Interruption Insurance Conference, June 16, 2004. A block of rooms has been reserved for attendees at a rate of $225 a night for a single or double room. The cut-off date for this rate is May 26. After that date, this rate will be offered based on space availability. Please note, there are a limited number of rooms in our room block so make your reservations early. For alternative hotels and rates, please call us at (610) 768-7800.

Cancellation Policy
Registrants who cancel on or before June 2 will receive a full refund. Registrants cancelling from June 3-9 will receive a full credit towards another Mealey’s conference. Cancellations made after June 9 will be subject to a 25% administrative fee; the remaining amount will be credited towards another Mealey’s conference. Credits must be used within one year of the date of issuance. Substitutions may be made at any time.

Conference on Audiotape
If you cannot attend this conference, take advantage of our new audiotape conference service. For more information call 1-800-MEALEYS or e-mail mealeyseminars@lexisnexis.com

CLE Credit
Credits will be available from all states with mandatory requirements. For more information visit www.mealeys.com and click on ‘Conferences’, or call 1-800-Mealeys.

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