Surety and Fidelity Claims Professionals’ Training
October 6, 2022Neubert, Pepe & Monteith, P.C. (NPM) co-sponsored the 33rd annual Northeast Surety and Fidelity Claims Conference held recently in Atlantic City, New Jersey. The program offered intermediate and advanced training in administering surety and fidelity claims and was certified by state licensing agencies to afford continuing education credits for attorneys and adjusters, including ethics and diversity credits. There conference topics drew a large attendance, including over eighty surety and fidelity claims professionals as well as claims representatives from surety and fidelity carriers.
Matthew Horowitz from NPM moderated the joint surety and fidelity sections of the program. The presentations addressed salvage issues, such as funds tracing and the operative effect of letters of credits, and ethics issues regarding diversity and inclusiveness goals in the surety industry. As part of the surety program, Attorney Horowitz presented a paper on the impact of a Chapter Eleven bankruptcy filing by the surety’s principal on the surety’s indemnity rights against individual indemnitors who had not filed for bankruptcy. In collaboration with Douglas Wills, assistant vice president at Chubb, Attorney Horowitz also authored and moderated a discussion of a surety case study which focused on a complex performance bond fact pattern.
Neubert, Pepe & Monteith, P.C. is a general practice law firm with offices in New Haven, Hartford and Fairfield, Connecticut and White Plains, New York (npmlaw.com). Our team of attorneys possesses the type of exceptional legal and professional skills sought by clients to meet their objectives. The team’s depth, talent, and dedication to client success allows Neubert, Pepe & Monteith to better serve clients locally and nationally.