IDAY Committee

10:30 – 11:30

Current Issues in Insurance Regulation
Michael Humphreys, Pennsylvania Insurance Commissioner; Shannen Logue, Deputy Commissioner for Product Registration; David Buono, Deputy Commissioner for Market Regulation

Hear from the Pennsylvania Insurance Department about recent developments, trends, and technologies affecting insurance consumers and influencing regulation of the insurance marketplace.

Hybrid delivery from Erie Art Museum (live audience; virtual simulcast)

Noon – 1:00

[Twenty Trends]
Brian Sullivan and Patrick Sullivan, Risk Information, Inc.

[presentation about multiple up-to-date insurance trends (wide-angle lens look at current state of industry)]

Hybrid delivery from Erie Art Museum (live audience; virtual simulcast)

1:15 – 2:15

“Legal System Abuse and Social Inflation”
Dale Porfilio, Chief Insurance Officer, Triple-I, and President, Insurance Research Council

Legal system abuse, known within the insurance industry as social inflation, is contributing to the rising impact of litigation costs and claim payouts. This presentation will look at its underlying drivers, discuss an actuarial approach to quantify its impacts, and describe what the industry is doing to reduce the adverse impact of future legal system abuse.

Hybrid delivery from Erie Art Museum (live audience; virtual simulcast)

2:30 – 3:30

“The Explosive Future of Lithium Ion”
Steve Kerber, Vice President and Executive Director, Underwriters Laboratories Fire Safety Research Institute

If lithium ion batteries are to power the future, they must solve one important problem: they have a tendency to burst into flames that are difficult to extinguish.  This session will explore the science and risks as well as potential solutions.

Virtual-only, with broadcast to audience at Erie Art Museum