Thursday, July 28, 2011 at 11 AM – 12 PM (EDT); 4 PM – 5 PM (BST)
This 60-minute webinar will be presented by EAPD Attorneys Darlene Alt, Nathan Hull & James Killelea.
The financial fallout from the March 2011 Japan earthquake and tsunami will continue to impact companies worldwide which rely on Japanese suppliers. Contingent business interruption (CBI) insurance, which indemnifies an insured for financial loss caused by damage to its suppliers’ property, will be the focus of UK and US companies seeking to recoup losses arising out of Japanese supply chain interruptions.
This webinar will focus on the complex causation issues likely to impact coverage of CBI claims, including the interplay between covered, non-covered and excluded perils, as well as how anti-concurrent causation clauses may limit coverage of CBI claims.
We will also address evolving aggregation issues for reinsureds and reinsurers arising from the Japan disaster under relevant US and English law.