Washington, D.C. ~ November 7-9, 2007

2007 International 2007 International ConferenceConference

Can the Jury Award That?Can the Jury Award That?

Beyond Out Of Pocket Damages

Can The Jury Award That? Can The Jury Award That? Panel MembersPanel Members

• MODERATOR: Fredda Alpert, Claims Consulting Director, CNA

• Marian Rice, Partner L’Abbate, Balkan, Colavita & Contini, L.L.P.

• Mark Rosen, SVP & General Counsel Darwin Professional Underwriters, Inc.

• Robin T. Symons, MemberEpstein Becker & Green, P.C.

• Garick Zillgitt, Senior Vice PresidentGuy Carpenter & Co. LLC

OverviewOverview

• Emerging or Expanding Exposures Sub-Prime Meltdown Privity Privacy Breaches

OverviewOverview(cont’d)(cont’d)

• Improving Exposure Areas Securities Litigation Daubert Update

OverviewOverview(cont’d)(cont’d)

• Good News or Bad News? Punitive Damages ADR / Rocket Dockets Medical Malpractice Attorney Fees

Emerging or Expanding Emerging or Expanding ExposuresExposures

• Sub-Prime Meltdown

• Privity

• Privacy Breaches

Improving Improving Exposure AreasExposure Areas

• Securities Class Action Issues Frequency and severity trends Supreme Court decisions Other factors accounting for positive

changes

Improving Improving Exposure AreasExposure Areas

(cont’d)(cont’d)

• Impact of good news on insurance purchasing decisions Program structures Should companies still be buying?

Good News Good News oror

Bad News?Bad News?

• Punitive Damages

• ADR / Rocket Docket

• Medical Malpractice

• Attorney fees

Punitive DamagesPunitive Damages

The punitive damages battleground

has been shaped by U.S. Supreme

Court decisions.

ADR/Rocket DocketADR/Rocket Docket

ADR modalities are growing

• Class action limitations and waivers are getting traction

• Mediation and Online Dispute Resolution (ODR) divert many disputes

ADR/Rocket DocketADR/Rocket Docket

• Specialty courts are increasing

• Rocket dockets compress the

life cycle of litigation

Medical MalpracticeMedical MalpracticeExposuresExposures

• Corporate transparency and accountability post-SOX is finding its way into the med/mal arena

• Almost 3 dozen states track physicians’ prescribing habits

Medical MalpracticeMedical MalpracticeExposuresExposures

• Interest in MRSA is changing the infectious disease protocols for health care facilities

• Pre-suit notice statutes may be converted from shield to sword

TakeawaysTakeaways

• Sub-Prime will be a substantial D&O, E&O, and Fiduciary expense for some companies

• Breakdown in privity requirements continues

• Privacy breaches have not yet produced huge monetary losses, but could become much larger

• Securities litigation environment is much improved

• Supreme Court decisions have shaped the punitive damages battleground

• Beware of unintended consequences: ADR / Rocket Dockets; Medical Malpractice

Audience Audience

Q & AQ & A

Thank you to . . . Thank you to . . .

• Fredda Alpert

• Marian Rice

• Mark Rosen

• Robin Symons

• Garick Zillgitt