Jun 8, 2020
Welcome to RIMScast. Your host is Justin Smulison, Business Content Manager at RIMS, the Risk and Insurance Management Society.
Today’s RIMScast guest is Jay Gates, Senior Claims Advocate at Gallagher and a member of the RIMS External Affairs Committee. He also will be a presenter for RIMS’s Advocacy Webinar Series which kicks off on June 11th to explore the West Coast. His session, which will he will be co-leading with Lynne Haley Pilarski on June 18th, will focus on Midwest region legislation and the federal pandemic loss program.
In this episode, Jay will be discussing COVID-19-related litigation. He explains why it is so important for risk managers to know about COVID-19-related legislations, his own experience with COVID-19-related legislation, noteworthy aspects of the Pandemic Risk Insurance Act, more details about his RIMS webinar session, his top tips for risk and claims managers during these trying times, and more!
[:00] About the RIMS Membership.
[:51] About today’s episode and guest, Jay Gates!
[1:07] About upcoming RIMS webinars!
[1:22] About the RIMS Coronavirus Information Center.
[1:35] More about today’s guest and episode.
[2:01] Justin welcomes Jay Gates to RIMScast!
[2:10] Jay speaks about his role at Gallagher as well as his background in the industry.
[3:07] Jay explains why it is so important for risk managers to know about COVID-19-related legislation. He also shares what his experience has been like with COVID-19-related legislation.
[4:19] Why is retroactive business insurance coverage such a controversial issue? And are these ‘bills that are dead on arrival’ that Jay mentioned tied into this issue?
[5:24] Jay highlights some of the details of the Pandemic Risk Insurance Act (PRIA) he feels are especially noteworthy.
[6:15] Does Jay feel at all frustrated by the legislation process?
[6:46] Has Jay ever worked on the hill?
[7:12] In the RIMS Advocacy Webinar series Jay will be a part of, will they explore any of the federal legislative issues? Or will they just stick to state?
[7:41] Jay’s June 18th webinar session in the RIMS Advocacy Webinar series will explore legislative happenings in the Midwest. Jay speaks about what makes that region of the U.S. unique when it comes to the pandemic.
[8:50] How are certain types of elective surgeries being impacted right now? And how is it playing out in litigation?
[9:53] What are some states/courts considering COVID-19 an ordinary disease of life?
[10:27] How can the CARES Act benefit businesses and individuals?
[11:18] Has Jay ever been to a RIMS Legislative Summit?
[12:00] Jay provides his top tips for risk and claims managers.
[13:25] Justin thanks Jay Gates for joining RIMScast and he shares where to find his own podcast, Know the Risk!
[13:52] Justin highlights some of the important links to check out in today’s show notes.
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