Bankruptcy complicates everything, including insurance. To help illuminate that subject, the Professional Liability Underwriting Society (PLUS) is holding two seminars, one in Dallas on Sept. 21 and one in Houston on Sept. 22.

Amy Elizabeth Stewart will moderate both panels. She will be joined by AIG’s Daniel Navarro, Teri Martin of AmWINS Brokerage of Texas, Inc., and William Medford of Lewis Brisbois Bisgaard & Smith.

Last week, the Ninth Circuit Court of Appeals held that a debtor's insurers had standing to object to a confirmed plan of reorganization. In re Thorpe Insulation Co., No. 10-56622 (9th Cir. Jan. 24, 2012). The insured, Thorpe Insulation Company (“Thorpe”), distributed, installed and repaired asbestos insulation products between 1948 and 1972. Over the last thirty years, Thorpe has been the target of significant asbestos-related litigation, facing an estimated 12,000 claims for personal inju ...