Thomas Cook to Present LMA Academy Master Class on U.S. Property Wordings Trends and Developments
January 25, 2017On January 25, 2017, Thomas Cook, a partner in the Dallas office of Zelle, will present a Lloyd’s Market Association (LMA) Academy master class titled "U.S. Property Wordings Trends and Developments."
In this master class, Cook will examine some of the 'enhancements' made to U.S. policy wordings and the basis for them, including:
- sublimits – including ‘stacking’ and application across multiple coverages and perils
- definitions of ‘flood’ and ‘named storm’ or ‘named windstorm’
- ‘occurrence’ definitions
- miscellaneous unnamed locations
- value reporting provisions
- deductibles; and
- new time element coverage extensions
The goal of the LMA Academy is to raise the profile of education in the Lloyd's market. This is delivered through a series of modular programs, workshops, master classes and alumni events that support learning and career development. For additional information regarding the LMA, or to register for this session, visit the LMA website.
