AEGIS News | October 2021
New AEGIS excess liability policy effective January 1, 2022
We have refreshed our excess liability form with the goal of clarifying the coverage and improving the readability. Effective January 1, 2022, the new form will be required on all new and renewal policies.
An overview of the changes and the new AEGIS excess liability policy are posted in the password-protected area of the website.
If you have any questions, please contact George Keefe, Senior Vice President – Member Relations by e-mail or phone at 201.508.2797 or Martin Gaffney, Vice President & Senior Underwriting Officer by e-mail or phone at 201.508.2820.
A.M. Best reaffirms A (Excellent) rating for AEGIS
We are pleased to report that A.M. Best has reaffirmed its A (Excellent) rating with a stable outlook for AEGIS. The complete report is posted on the AEGIS website.
AEGIS Claims Roundtable – Asbestos Claims: Managing & Defending Asbestos-Related Litigation
You can register now for the next AEGIS Claims Roundtable Asbestos Claims: Managing & Defending Asbestos-Related Litigation, which will be held as a live webinar on Thursday, October 21.
Utility companies are frequently faced with claims and associated litigation arising out of asbestos exposure. This program will address the current state of asbestos litigation around the country and will focus on providing the latest observations, insights and strategies on handling asbestos cases from leading practitioners engaged in asbestos litigation. Through the use of real-life cases, participants will gain insights and the critical information they need to ensure they are at the forefront of successfully managing these claims. The seminar will offer practical advice, techniques and potential solutions to today’s most troubling issues facing corporate management as they move toward economically and efficiently resolving these claims.
As always, Continuing Legal Education (CLE) credits will be offered. For more information about the AEGIS Claims Roundtables program,
or contact Jeff Schupack, Senior Vice President & Chief Claims Officer, by e-mail or by phone at 201.508.2658.
AEGIS Loss Control White Paper – Wildland Fire Hazard Risk Reduction for Solar Photovoltaic Sites
As the size and number of solar photovoltaic generating sites increase, so do the associated hazards that must be addressed. Specifically, the risk of loss due to wildland fire has also increased and can result in losses in the tens of millions of dollars. There are many variables that factor into the risks associated with wildland fire, which include but are not limited to the location of the site, lightning activity, humidity, type of fuel, moisture content of fuel, fuel loading or depth of fuel, and wind speed.
Read more about the risks, vegetation management, wildfire mitigation plans, and model practices and guidelines in this new white paper from AEGIS Loss Control: