1. Tort Reform in Reverse?

2. Singin’ The PL Blues MODERATOR: Sean Fitzpatrick, Esq., Senior Vice President, Middle Market & Specialty Financial, The Hartford PANELISTS: Timothy Braun, MBA, Executive Vice President, AXIS Louis H. Castoria, Esq., Partner, Wilson Elser Moskowitz Edelman & Dicker LLP Jason Hawkins, Managing Director, Aon Kalju Nekvasil, Esq., Partner, Goodman & Nekvasil, P.A.

3. Agenda Tort Reform in Reverse: Has the tide turned? Developments in Securities Liability Healthcare Reform – Implications for the Professional Liability Industry Financial Services and Professional E&O – How will Underwriters and Brokers address a changing liability environment?

4. Developments in Securities Liability

5. Scandals, Prosecutions, and Investigations Madoff Stanford And a Cast of Thousands

6. Regulation of Hedge Funds? Insurance?

7. Changes in the FINRA Arbitration System Fewer “Industry” Panelists Fewer Motions to Dismiss No Arbitrations of Statutory Rights

8. Section 1031 Exchanges $3.7 Billion in TIC offerings in 2006 What happened at DBSI? Why real estate turned out to be risky

9. Reg. D – Private Offerings 26,485 private offerings filed in 2008 What happened at Medical Central? What happened at Provident Royalties Who is minding this store?

10. Looking Ahead -- Trends

11. Healthcare Reform – Implications for the Professional Liability Industry

12. Health Care Reform = Tort Reform?

13. Managed Care, ERISA, and Bad Faith

14. Medical Device Safety Act

15. Arbitration Fairness Act

16. Financial Services and Professional E&O – How will Underwriters and Brokers address a changing liability environment?

17. Effect on FI Underwriting Sector Analysis Underwrite to individual sectors to determine which are more vulnerable with systemic exposure always a concern. Understand that the exposure is fluid and changes occur from both internal and external forces.

18. Effect on FI Underwriting Management Analysis Financial Analysis Operational Risk Management Analysis Enterprise Risk Management

19. Effect on FI Underwriting Conclusion: Comprehensive Review Utilization of traditional and non-traditional underwriting resources Differentiating between well-managed and poorly-managed risks Balance between proper rate and coverage vs. premium

20. A Brokers Perspective  Challenges faced by the broker  What it means for the client  Education - broker and client focused Potential Impact on Clients  Higher premiums and retentions  Limited coverage available  Managing insurance budgets vs. insurance spend  Education Industry Challenges

21. Carrier / Industry Challenges  If current trend continues can/will carriers continue to write certain lines of business  Increased defense costs  Increased claim frequency and severity  Program limits and structures  “In the News”/Headline Risks – Madoff, Stanford, Lehman, AIG etc….  Economy

22. Questions & Answers

23. Many thanks to … Sean Fitzpatrick Tim Braun Louis Castoria Jason Hawkins Kalju Nekvasil