Loss Scenario Mock Trial Part 1: The Case

Presenters: Laura Panesso, CPCU, AIDA, Michael Lengel, JD, CPCU, ARM, Lauren D’Albero, CPCU, API and Maria Reinmann, CPCU, AIS

Dec. 12, at 2 p.m. ET

Please join us for part one of a two-part webinar series presented by the Legal & Regulatory IG that will cover aspects of the underwriting, claims handling, and insurance-related litigation process via a "mock-trial" format.  A loss scenario will be dramatized via a role play format and a lawsuit will be commenced. The trial will be covered in Part 2, planned for early 2024.

Key takeaways from this webinar include:
• Understanding the duty of care that an agent and broker owes to an insured during the underwriting process
• Understanding how brokers’ practices in communications and creation of expectations on the part of insurance buyers may affect the scope of brokers’ duties of care
• Discussing the insured and insurers reciprocal duty of good faith and fair dealing
• Discussing the scope and limitations of typical commercial property coverages in the face of a storm losses
• Discussing how professional liability claims against insurance brokers are resolved, including use of lawsuits for damages
• Understanding the role and use of expert witnesses in the preparation and trial of professional liability and coverage disputes

 
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Laura Panesso, CPCU, AIDA 

AVP, State Relations 

ISO/Verisk Analytics
 

Laura Panesso has 25 years in the insurance industry, holding various positions of increasing responsibility in data management and analysis, analytic product management, and government relations with Insurance Services Office, Inc. In her current position as Assistant Vice President - State Relations, Laura is responsible for all insurance department interactions including filings, education, outreach, and relationship management, provides leadership in the regulatory acceptance of Risk Analyzer, telematics, and other advanced analytics to facilitate customer adoption and use, and manages ISO's statistical agent functions.

Ms. Panesso received her Bachelor of Science degree in Applied Mathematics from New Jersey Institute of Technology, a Master of Arts in History of Technology, Environment and Medicine from Rutgers University, obtained the CPCU designation in 2015, and the Associate in Insurance Data Analytics (AIDA) designation in 2017.

Michael Lengel, JD, CPCU, ARM 

Vice President

Marsh
 

Michael Lengel is a casualty risk consultant in Marsh’s Philadelphia office. In this role, he is responsible for claims program facilitation, claims advocacy, quality control/best practices adherence, coverage and reserve analysis, risk identification/analysis, contractual risk transfer assessments, and market relations. His clients include national and international firms in the chemical, hospitality, food & beverage, apparel, and entertainment industries, among other industries.

Michael joined Marsh in 2018. His litigation, business, and insurance coverage expertise, combined with his multi-line claims advocacy background, provide the foundation for his ability to deliver cost-effective advice and closing strategies across all industries.

Lauren D’Albero, CPCU, API 

Manager, State Relations 

ISO/Verisk Analytics
 

Lauren D’Albero has 10 years of experience in the insurance industry, holding various positions in compliance and government relations.  In her currently position as Manager, State Relations with Insurance Service Office, Inc., she is responsible for managing personal lines filings, reviewing, coordinating and assisting with regulatory inquiries and responses, as well as responses to customer inquiries, to help facilitate customer adoption and use of ISO personal lines programs. 

Ms. D’Albero received her Bachelor of Business Administration degree from Pace University and her Juris Doctor from Widener University School of Law, where she was a member of the Trial Advocacy Honor Society.  She obtained the CPCU designation in 2016 and the Associate of Personal Insurance designation in 2023.

Maria Reinmann, CPCU, AIS 

Corporate Compliance Consultant 

Nationwide Insurance
 

Maria has over 30 years of insurance experience, including ancillary health insurance, personal and commercial lines, and professional liability insurance.  Her current position focuses on providing multi-level and multi-issue compliance consulting and advisory services to a diverse mix of customers, including administration, sales, marketing, actuarial, systems, claims, attorneys, accountants, financial advisors, and government and regulatory agencies.
 
Maria earned her CPCU designation in 2016 and is currently working on her Associate in Regulation and Compliance (ARC). She is completing her term as President for the Columbus Society Chapter.