Issue | 

September 4, 2009

2009 Policyholders' Conference

We were pleased to see so many of you in Boston at our annual Policyholders' Conference. More than 1,100 attended the event this year, which was the second highest level in the history of the conference. This strong turnout – in a year when many companies have imposed travel restrictions and attendance has dropped sharply at many business conferences – is a good indicator of the vitality of our mutual efforts.

Your comments on the evaluation forms were very positive regarding the program content, networking opportunities and activities. We are also grateful for your constructive suggestions for improvement and will consider them carefully as we plan next year’s conference, which will be held in Denver, July 26 to July 29, 2010.

Many of the general session and breakout presentations are posted on our website – including Bob Hartwig's presentation on economic and insurance market conditions as well as the popular presentations on Energy Policy Under the Obama Administration and the D&O update from Dan Bailey.

 

Ann Murtlow and Jane Peverett Join AEGIS Board of Directors

Ann Murtlow and Jane Peverett have been elected to the AEGIS Board of Directors.

Ann is President and Chief Executive Officer of Indianapolis Power & Light Company (IPL) and serves as Vice President of IPL's parent company, AES Corporation. Ann began her career as an engineer with Bechtel Power Corporation, a leading engineering and consulting firm. After five years, she was recruited by AES to lead the environmental permitting activities for new power stations in the U.S. and abroad. She was named President and CEO of IPL in 2002.

Jane served for more than three years as President and Chief Executive Officer of British Columbia Transmission Corporation (BCTC) after joining the company in 2003 as Chief Financial Officer. Prior to BCTC, she was President and CEO of Union Gas Limited in Toronto and held senior management positions at WestCoast Energy.

We welcome Ann and Jane to the Board and look forward to their contributions.

 

Loss Control member survey preliminary results

Most of you know we conducted an extensive survey among members just prior to the PHC to help gauge our current and future loss control efforts on your behalf. We were pleased to receive a strong response and we presented a topline summary of the Loss Control survey results at the PHC.

The survey found that, in general, members value the current services we provide and they feel Loss Control provides the appropriate type and amount of information to help inform the underwriting process. The task force of AEGIS members and AEGIS staff will continue to analyze the survey results and will develop an action plan to refine our Loss Control offerings. We will update you on the analysis and the plans as the year progresses.

 

Mandatory Medicare Reporting Deadline - September 30

The deadline for registration of liability insurers (including self-insurers) as Responsible Reporting Entities (RREs) under the Medicare, Medicaid and SCHIP Extension Act of 2007 is rapidly approaching. The registration process began on May 1 and continues through September 30.

We covered this topic in detail during a PHC breakout session and, in cooperation with Wiley Rein LLP, published a related AEGIS Claims Alert that provides a comprehensive explanation of the legislation as well as information and instructions to assist Members in complying with the new Medicare reporting requirements.

 

Claims Roundtables - Climate Change - September 10, 17 and 24

Please register now for the next AEGIS Claims Roundtable seminar – Climate Change Risks, Liabilities and Opportunities for Utilities – which will be held on September 10 in Chicago, September 17 in Orlando and September 24 in Phoenix.

This is a pivotal period for climate change initiatives in the United States, and the utility industry will undoubtedly play an important role in carbon reductions. This seminar will provide a snapshot of evolving climate change initiatives, including emerging federal legislation, maturing state mandatory reduction programs, ongoing carbon reporting and trading activities, and litigation exposure trends. The faculty will include utility industry experts and lawyers at the forefront of helping to develop U.S. and international climate change programs and representatives from companies that are engaging in the business opportunities created by climate change.

As always, you're welcome to attend AEGIS Claims Roundtables in person or by videoconference, and Continuing Legal Education (CLE) credits are offered. For more information about the AEGIS Claims Roundtable program, please contact Jeff Schupack by e-mail or by phone at 201.508.2658.

Also, please mark your calendars for the remaining 2009 AEGIS Claims Roundtable seminar on Class Action Litigation to be held on October 8 in East Rutherford and October 22 in Williamsburg, VA. The schedule for the 2010 AEGIS Claims Roundtables is posted now.