David Souders, Property and Casualty Insurance Broker, Todd Associates, Inc. to Speak at KC

NEW YORK - June 25, 2014 - PRLog -- The Knowledge Group/The Knowledge Congress Live Webcast Series, the leading producer of regulatory focused webcasts, has announced today that David Souders, Property and Casualty Insurance Broker, Todd Associates, Inc. will speak at the Knowledge Congress’ webcast entitled: “D&O Liability Insurance Policies: Emerging Issues and Practical Guidance LIVE Webcast.”  This event is scheduled for Wednesday, June 25, 2014 @ 10:00 AM to 12:00 PM (ET).

For further details, please visit:

http://theknowledgegroup.org/event_name/do-liability-insurance-policies-emerging-issues-and-practical-guidance-live-webcast/

About David Souders

David is a property and casualty insurance broker specializing in the design and brokerage of liability insurance programs for companies with complex and unique exposures. He is an avid writer of risk management whitepapers, client advisories and webinar presentations. David frequently speaks at conferences and seminars throughout the country on issues related to risk management and professional and management liability insurance.

About Todd Associates, Inc.

Todd Associate’s is an insurance brokerage located in Cleveland Ohio. Todd’s Professional Liability Insurance Practice serves hundreds of organizations throughout the United States and focuses primarily on providing solutions to financial service providers.  The Professional Liability Practice’s services include: (i) Brokerage – Development of insurance coverage specifications and negotiation of coverage with the insurance marketplace; (ii) Independent Consulting – Review of another broker’s work; (iii) Mergers and Acquisitions – Due diligence and coordination of insurance coverage.

Event Synopsis:

On October 10, 2013, the Federal Deposit Insurance Corporation (FDIC) issued Financial Institution Letter 47-2013 to warn insured depository institutions of two areas of concern for director and officer insurance policies namely: (1) FDIC’s noted increase in exclusionary terms or provisions contained in institutions’ D&O insurance policies “that may adversely affect the recruitment and retention of well-qualified individuals and (2) FDIC insurance coverage for civil money penalties (“CMPs”). Companies must evaluate their insurance policies to ensure that they do leave their directors and highest executives unduly exposed to personal liability for litigation costs, damages, and penalties.

The Knowledge Group has assembled a panel of key thought leaders to provide the audience with an in-depth analysis of the D&O Liability Insurance Policies. In a two-hour live webcast, speakers will discuss:

§  D&O Liability Insurance Policies: An Overview

§  Enforcement of and Compliance with D&O Liability Insurance Policies

§  What Changes in Wordings Are Available to Best Protect Directors and Executives?

§  How should coverage programs be structured to protect the D’s and O’s?

§  How should the relationship with insurers be managed including selecting which lawyer will defend the directors?

§  How do you settle with claimants or other insurers without imperiling other insurance recoveries?

§  Penalties and Exemptions Imposed by Regulators on indemnification and insurance

§  Best Practices in Compliance

§  Up to the minute regulatory changes

About The Knowledge Group, LLC/The Knowledge Congress Live Webcast Series

The Knowledge Congress was established with the mission to produce unbiased, objective, and educational live webinars that examine industry trends and regulatory changes from a variety of different perspectives. The goal is to deliver a unique multilevel analysis of an important issue affecting business in a highly focused format. To contact or register to an event, please visit: http://theknowledgegroup.org/