Tort Trial and Insurance Practice Section

PROPERTY INSURANCE LAW COMMITTEE
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Property Insurance Committee Spring Meeting Brochure



Property Insurance Law Committee 2009 Spring Meeting

May 14-16, 2009
Hyatt Regency Lost Pines Resort & Spa
Lost Pines (Austin area), Texas

To make room reservations at a rate of $269.00 per night, please call 800/233-1234

For information about the Lost Pines Resort & Spa, visit: www.lostpines.hyatt.com

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For Property Insurance Committee Spring Meeting Brochure


Past Events!

2008 Property Insurance Law Committee Meeting
How Policy Acquisition Can Affect A Claim

Carlsbad, CA
April 3-5, 2008

As commercial property insurance becomes increasingly complex, more and more claim investigations focus on who wrote the policy, what the parties intended,who is responsible for the negligence of agents and brokers, and how to interpret the policy. Any lawyer addressing a property insurance claim must understand how facts surrounding policy acquisition can affect the rights and obligations of insureds,insurers and agents/brokers in post-loss scenarios.
We are honored to present our distinguished group of leading professionals to coverhow the acquisition of a policy can affect a claim. As we have all seen, the question of whether or not there is coverage for a claim often extends to factors beyond the policy language. For example, who brokers and agents represent and their responsibilities (and liabilities), how insureds and insurers go about evaluating a risk, how policies get underwritten, reinsurance of property risks, interpretation of policies negotiated with sophisticated insureds and the use of underwriting intent and drafting history in interpreting policies can all be relevant issues surrounding coverage.
We would also like to extend a special welcome to the non-lawyers, and in-house counsel presenters. We went to great lengths to diversify the points of view here this weekend in order to give all attending a more well-rounded, in depth, view of what typically occurs when a policy is acquired, when a loss occurs, and when a loss is adjusted. We especially thank the speakers that are not in private practice for taking the time to help us accomplish this.

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Property Insurance Policy Insurance Agreements

What Is Covered? Property Insurance Policy Insurance Agreements

A 90 Minute Teleconference
April 22, 2008

First-party property insurance coverage is a hotly debated topic these days, in light of recent large-scale catastrophic losses such as those caused by Hurricane Katrina. This program explains the structure and language used in the insuring agreements found in homeowners and so-called "all risk" commercial insurance policies. Learn how the insuring agreement works with other parts of the policy language to limit or exclude coverage for losses to property. Learn the basic concepts and legal doctrines underlying property insurance coverage.

  • Insuring agreement language and how it explains what the insurer intends to cover.
  • The basic distinction between first-party property and third-party liability insurance coverage.
  • The difference between specified perils and "all risk" property insurance coverage.
  • What constitutes "direct physical loss or damage" to covered property.
  • Why fortuity is important for property insurance coverage.
  • The purpose of the "insurable interest" requirement inherent in property insurance policies.
  • How trigger of coverage in property insurance differs from that in liability insurance.
  • Burdens of proof and other technical issues involved in litigating the property insurance claim


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Causes and Clauses: The Interplay of Contracts and Insurance Policy Provisions on Property Damage Claims Arising from Construction Projects

TIPS/ABA Annual Meeting
Moscone Convention Center West, Room 3018, 3rd Floor
San Francisco, CA
Sunday, August 12, 2007 8:00 am - 9:30 am

This program examines selected issues that arise out of typical construction property damage claims, including whether property or liability insurance policies provide coverage for these claims, to what extent, and how. The program will also look at issues that can arise in connection with condominium projects, and subrogation issues arising out of construction project property damage claims.
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April 27-29, 2006
Property Insurance Law Committee Meeting
Four Seasons Resort
City: Carlsbad
State: CA
Brochure Only

The Committee also recently published the Third Edition of its authoritative set of annotations to the Standard Fire Insurance policy, Property Insurance Annotations - Fire and Extended Coverage Annotations of the 1943 Standard Fire Insurance Policy and Extended Coverage Endorsement, Third Edition

The Committee also recently published Bad Faith and Punitive Damages: Annotations to First-Party Insurance Cases, Statutes and Regulations 2nd Edition CD.

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For enrollment in a committee of the Tort Trial & Insurance Practice Section, simply fill out the on-line committee application form.

Please note:  If you are already a Tort Trial & Insurance Practice Section member, you may join up to three (3) committees at no additional cost. However, if you are not a Section member, you must join the Tort Trial & Insurance Practice Section first.

If you have any questions regarding participation in TIPS Committees, please contact Sonia Schroeder, our Committees Administrator at schroeders@staff.abanet.org or by phone at 312/988-6229.

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