Date & Time:
Thursday, July 23, 2020
2 to 3 p.m. (Eastern)
This one-hour webinar will provide an overview of: (i) how insurance has and has not responded to the pandemic; (ii) what steps policyholders should be taking to maximize coverages; and (iii) how insurance markets will respond in the long term.
Who Should Attend:
Toy industry manufacturers, wholesalers, and/or distributors are invited to participate; specifically recommended to individuals involved in insurance, risk management, and legal functions.
What You Will Learn:
Insurance is always well-equipped to handle the foreseeable crisis – the occasional fire or storm. But the ongoing public health crisis has shown how difficult it can be to reconcile insurance coverages with a new type of loss.
To that end, recent events have caused policyholders to reevaluate their understanding of nearly every policy in their policy in their insurance portfolio. We will talk about how commercial property, business income/interruption, products/general liability, and workers compensation policies responded (and failed to respond) to the pandemic. We will also update participants on ongoing COVID-19 insurance litigation and identify steps policyholders can take to maximize coverage as disruptions, claims, and losses continue. Finally, we will discuss how insurance markets, insurance regulators, and lawmakers have, and will, respond to the apparent coverage gaps.
Paul Vitale, executive vice president of finance & operations at The Toy Association
Nicholas B. Reuhs, partner at Ice Miller LLP
Reuhs is a partner at Ice Miller, where he leads the firm’s insurance practice. He regularly advises clients in insurance coverage matters, managing claims and advocating policy construction that maximizes the available insurance recovery. Reuhs has represented clients in insurance disputes involving a wide variety of losses and exposures, including traditional tort liabilities, property damage, construction claims, business interruption losses, securities fraud, business torts, employment practices liabilities, environmental losses, technology errors and omission, data and privacy breaches, and public employee/official liabilities. He also provides policyholders with counseling on pre-loss issues, ranging from assessments of coverage for particular risks to help with securing favorable coverage terms at policy inception or renewal. He is on the executive committee of the Indianapolis Bar Association’s Insurance Coverage Section and regularly speaks and writes on insurance coverage issues. He is also a contributing author to a leading insurance coverage treatise.