White and Williams Sponsors RAA Annual Conference
White and Williams returns as a sponsor of the Reinsurance Association of America's Annual Conference, Reinsurance Claims and Loss Management - Taking it to the Next Level, on September 14-15, 2011 in New York. Partner David Creagan will lead the breakout session, "Emerging D&O Issues Resulting From Dodd-Frank Legislation and Stepped-up SEC Enforcement and the Federal Corrupt Practices Act."
The session will focus on the new Dodd-Frank whistleblower provisions and the increased worldwide exposure of corporations and their directors and officers to civil and criminal liability under the Federal Corrupt Practices Act and the new UK Bribery Act. U.S. and foreign companies doing business at home and abroad face potential enforcement actions by U.S. and UK regulators for conduct of their employees and agents who violate securities laws, or who make or accept bribes in exchange for business advantage. In many cases, the only defense is a robust and fully-implemented compliance program. Investigations and lawsuits brought by the SEC, DOJ, and the Serious Fraud Office raise serious coverage issues under standard D&O policies. Companies, directors and officers, insurers and reinsurers all need to be mindful of the requirements for successfully navigating this new legal terrain.
ReClaims is an advanced level claims program designed to address the more complex aspects of the claims process and speakers include veteran industry professionals.
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