The Tennessee Bankers Association (TBA) hosts a number of member meetings this time of year, providing a setting for the TBA chairman and staff to talk about the initiatives and goals of the association. These meetings also provide great opportunities for colleagues to network and reconnect. This week, Craig Collins will kick off the meeting in Memphis. His seminar will focus on current trends in bond, D&O and cyber insurance, and how these trends affect community banks. We look forward to speaking to the TBA members this year!
The 2nd annual Title IX ExecuSummit is taking place this year from July 25-26 in Uncasville, CT, and OneBeacon Management Liability Claim’s Jennifer Weinstein is participating on a panel titled, “Predictions for Title IX Under the New Administration – President Trump & Secretary DeVos.”
The panel will discuss Title IX issues and how they expect President Trump and Secretary DeVos to handle them. They will highlight anticipated differences between the focus of the prior and current administrations. The panel will also discuss appropriate ways to help protect against suits involving these issues, including various insurance policies and best practices. In addition to participating on the panel, Jennifer is also a co-chair of this year’s Title IX ExecuSummit.
On July 27, she will head up to Boston for the 2017 CLM Management & Professional Liability Conference, where her panel discussion will focus on “Dramatic Shifts in the Legal and Regulatory EPL Landscape Under the New Administration and the Pathway Forward (EPL).”
As priorities of the current administration take shape, dramatic shifts in legal and regulatory focus are sure to have a profound effect on the employment practices liability landscape. This session will explore developing issues facing management in 2017, including how changes to the Supreme Court, the NLRB and the various federal agencies are likely to impact emerging issues such as marijuana in the workplace, transgender employees and website and technology accessibility for the disabled. The panel will provide their insights into best practices for claims investigation, litigation strategy and discuss recent developments in the law.
New York City partners! We are hosting a Product Fair on June 13 beginning at 4:00 p.m. and we’d love to see you. Join us for appetizers, drinks and networking to learn more about our products and services at The Liberty, 29 W 35th Street.
Meet OneBeacon underwriting teams from:
- International Marine Underwriters
- Financial Services
- Management Liability
- Specialty Property
We look forward to seeing you there. Register today!
OneBeacon Healthcare Group is excited to announce that our enhanced Physician Group coverage form is now available. Physician groups have undergone unprecedented changes over the past several years. OneBeacon is prepared for these changes by offering up-to-date coverages and an expanded appetite.
- Can consider physician group accounts with a minimum premium of $50,000
- Multi-specialty and multi-state risks are eligible for coverage
- Per physician limits with a separate limit for the entity
- Consent to settle with the first named insured
- Coverage available for certain legal defense proceedings, HIPAA proceedings, and regulatory billing errors proceedings
- And more
To learn more about the enhanced coverage for physician groups, please visit onebeaconhc.com.
This week, the 13th Annual Directors and Officers (D&O) Liability Insurance ExecuSummit took place in Uncasville, CT, and OneBeacon was there! ExecuSummit participants are in the forefront of the D&O Insurance industry, monitoring and researching emerging issues and trends, and bringing this strategic intelligence to attendees as it is developing.
This year, Financial Institutions’ Christopher Luca co-chaired the event. Additionally, he and Financial Institutions’ Claims Robert Usinger participated on a panel titled, “Activist Investments and Claims in the Hedge Fund Space.” This panel discussed recent trends and exposures that are unique to the hedge fund space, as well as potential emerging issues.
Also part of a panel discussion this year was Enterprise Underwriting’s Ryan Sardelli. “The State of the D&O Marketplace” encompassed carrier competition, business segments like public, private and non-profit, specific classes of business, international exposures and trends.
OneBeacon Healthcare Group’s Sarah Logue and Linda McSmith are speaking at the 2017 Ambulatory Surgery Center Association (ASCA) conference in Washington D.C. this week.
Their session, “Protect Your ASC by Evaluating Its Insurance Coverages,” outlines key objectives and strategies to help evaluate current insurance coverages and considerations for the next insurance renewal season. Each insurance policy or coverage option that is signed offers an opportunity to protect a facility’s assets. Reconsider the way risks are looked at and treated in an ASC.
Thursday’s presentation will help demonstrate strategies for leaders to implement that may affect the way they look at and treat risks in their organization.
Senior Vice President and Risk Manager Patty Hughes is participating today on a panel titled, “Risk Managing Midwifery Practices,” at the New England Regional Healthcare Risk Management Conference in Mystic, CT.
The practice of Midwifery is thousands of years old and still evolving. In the U.S. there are Licensed Midwives, Certified Nurse Midwives, Certified Midwives, Certified Professional Midwives, Direct Entry Midwives and Traditional Midwives. According to the Midwives Alliance of North America, slightly more than 10% of births in the U.S. are attended by midwives. Midwives may practice in private homes, clinics, birth centers, and hospitals, and in addition to maternity care they provide primary women’s health care. The panel will examine the growing use of midwifery practices, the risk associated with them and potential strategies to mitigate risks.
Patty is also exhibiting at the conference, so be sure to stop by to say hello!
OneBeacon Healthcare Group is headed to Chicago this week to attend the annual PLUS Medical PL Symposium. We look forward to seeing you there!
On Wednesday morning Patricia Hughes, Senior Vice President of Risk Management, will participate on a panel titled, “Bitter Pill to Swallow: The Painful Liability Exposures Presented by Opioids.” This panel will examine how opioid use is a national crisis in the United States with multidimensional implications for healthcare providers, employers, law enforcement, patients and families. A $17.6 million dollar verdict against a physician and his employer spelled out how expensive this emerging exposure is becoming. The panel will explore the issues involved and solutions needed to be better equipped to address this ominous trend in medical professional liability.
Our Financial Services and Financial Institutions teams are in San Diego, CA this week for the annual American Bankers Association’s (ABA) Insurance Risk Management Forum. This conference is designed specifically to address risk management challenges facing the financial services industry.
If you are attending the event, we invite you to visit with OneBeacon Financial Services’ President Craig Collins and Vice President Gary Tannenbaum, or OneBeacon Financial Institutions’ President Kevin Koehler and Underwriting Manager Carly Mayer. We hope to see you there!
We are pleased to share the results of our 2016 holiday donation poll! Based on your votes, the OneBeacon Charitable Trust will allocate $10,000 among three national nonprofits as follows:
This holiday season, the OneBeacon Charitable Trust also donated $50,000 to nonprofits across the country. These organizations were chosen by local OneBeacon offices, with the donations impacting nonprofits that are important to those communities. Check out our Way to Give blog for a full listing of the organizations and the sponsoring OneBeacon office.