The Year in Review: Key Management and Professional Liability Decisions Issued in 2024 Webinar Recap

On January 8th, industry professionals gathered for an insightful and timely webinar exploring the most recent developments in professional and management liability insurance. This session provided an in-depth analysis of important judicial decisions made in 2024 and their implications for both insurers and insured parties. Below are some key takeaways from this virtual event.

2024 Judicial Trends in Professional Liability Coverage

The webinar kicked off with an overview of the most significant court rulings in the past year concerning professional and management liability. The speakers highlighted recurring themes and new judicial approaches that are shaping the landscape of coverage disputes.

Modifying Policy Language to Prevent Coverage Disputes

One of the most valuable sections of the webinar focused on practical strategies for professional liability practitioners looking to avoid coverage litigation. The speakers emphasized the importance of precise, clear language in policies. Attendees were introduced to key terms and provisions that can be adjusted or reworded to reduce ambiguity and prevent disputes down the line.

Emerging Coverage Issues in the Professional Liability Space

A significant portion of the webinar was dedicated to emerging trends in coverage issues. These issues, still in their early stages, are expected to grow in importance over the next few years. The speakers provided practical advice on how policyholders and insurers can proactively address challenges by updating their coverage forms and endorsements to align with evolving risks.

Importance to Professional Liability Practitioners

This webinar was a crucial resource for professionals navigating the increasingly complex and litigious world of professional and management liability insurance. As the landscape of professional services evolves and risks grow more diverse, practitioners must stay informed on the latest court rulings and emerging trends. The judicial decisions discussed in the session are already shaping the way insurers and policyholders approach coverage issues, and understanding these developments is vital for ensuring proper coverage and mitigating potential disputes.

For insurance brokers, risk managers, claims adjusters, and legal professionals, this webinar provided practical insights into how to structure policies that will withstand legal challenges.

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Meet the Speakers

Elan Kandel represents insurance companies with respect to all aspects of claims involving directors and officers liability, employment practices liability, fiduciary liability, professional liability and commercial general liability policies. Before joining Bailey Cavalieri, Elan was a member in the insurance department of a large international law firm. Elan received his law degree from the Benjamin N. Cardozo School of Law. Elan graduated from Tufts University with a Bachelor of Arts degree in History.

Kevin Costello manages third party administrator, Sedgwick’s Professional Liability group and is responsible for a portfolio of claim services provided by more than two hundred colleagues for financial lines, healthcare and complex liability coverages and risks throughout the United States. Kevin’s background is coverage attorney, claims handler, claims and operations management and claims and actuarial consulting.

Corrie Hurm is the Vice President of Claims at Embroker and an 18-year veteran of the insurance industry. After obtaining her J.D. from New York Law school and completing a judicial clerkship in the Superior Court of New Jersey, she was an associate attorney at the law firm of Kaufman Borgeest & Ryan in New York, NY. After leaving private practice, Corrie held various roles and managed a team in the Employment Practices/Directors & Officers group at Hartford Financial Products. Thereafter, she managed a team handling Employment Practices, Directors & Officers, Lawyers and Professional Liability claims at York Risk Services. Prior to joining Embroker in November 2021, Corrie oversaw all Employment Practices Liability Claims for Public Companies and Financial Institutions at Travelers.

Anne Catapano has been working in the insurance industry for the past ten years. Anne graduated from Quinnipiac University School of Law in 2003 and thereafter practiced law in several criminal defense and insurance defense firms throughout New York and Connecticut for twelve years. Anne thereafter worked for LIU for four years handling complex general liability claims and Management Liability Claims. She then worked for QBE, handling Management and Professional Liability Claims for four years. In 2021, Anne joined the Financial Lines claims team at Ascot.

Joining the insurance industry in 2008, Dennis Van Dina‘s focus has been on D&O and Financial Institutions claims. He currently serves as a Director in the Management Liability/FI claims group at Starr Companies. He received a BA from St. John’s University and a JD from Hofstra University School of Law.