2000-2001 FSLC MID-YEAR MEETINGS

last updated November 01, 2000

The Fidelity and Surety Law Committee
of the American Bar Association
Tort Trial & Insurance Practice Section and
Present

2001 Annual CLE Midwinter Meeting
Entitled

Miscellaneous and Commercial Surety Bonds and Fidelity Coverage in The Age of E-Commerce

January 26, 2001| Waldorf ~ Astoria | New York, NY
Registration
Download Brochure: (.pdf file)

Dear Colleague:

A new age in fidelity and surety coverage is emerging as we embark upon the new millennium. The competition for premium dollars in the surety industry has continued to be fierce, driving sureties to seek growth opportunities beyond core contract performance and payment bonds and into miscellaneous and commercial surety bonds. In the fidelity area, electronic commerce is radically changing the way business is done. With such changes have come new opportunities for both malicious mischief and creative commercial crime. Some fidelity insurers have reacted to such changes through new types of commercial crime coverages and endorsements. All have been challenged by the manner in which new types of losses may be treated under policy language crafted for a different age.

The Fidelity & Surety Law Committee returns to the fabled Waldorf Astoria in New York City for its Mid-Winter Meeting on January 25-26, 2001 for a glimpse into the future of surety and fidelity claims. The CLE programs will kick off with the Thursday program co-sponsored with the ABA Forum on the Construction Industry entitled Beyond the Four Corners: Implied Terms, Liabilities and Defenses in Construction Contracting. On Thursday evening, the Fidelity & Surety Law Committee will host its traditional reception in the Waldorf’s grand ballroom. Friday morning’s surety program will be The Law of Miscellaneous and Commercial Surety Bonds, which will complete the series of publications preceded by The Law of Performance Bonds and The Law of Payment Bonds.

Never before has the Fidelity & Surety Law Committee presented a program or published a comprehensive book devoted exclusively to the law of miscellaneous and commercial surety bonds. The book will cover nineteen different categories of commercial surety bonds. Because of limited time, only eleven categories will be covered in the oral presentations.

The Friday luncheon speaker will be announced shortly and will likely focus on the subject of consolidation in the insurance industry and its impact on fidelity and surety law practitioners.

The Friday afternoon fidelity program is entitled Fidelity Coverage in the Age of E-Commerce and promises to provide a glimpse into both emerging fidelity coverages and emerging claims under old coverages in the age of electronic commerce, assessing both new risks and new challenges for defense counsel.

Special events and meetings have been planned for young professionals, women and minority attendees, vice-chairs, past chairs, committee subdivisions and spouses. As usual, the IADC’s Mid-Winter Meeting will follow the conclusion of our meet-ing on Saturday, January 27.

I urge you all to register early, since space at the Waldorf is limited. We have received excellent rates from the hotel. In addition, we have lowered tuition fees for government and insurance company employees. I look forward to seeing you at this exciting program.
HOPE TO SEE YOU IN JANUARY

Armen Shahinian

Chair, Fidelity & Surety Law Committee

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