Annual Conference Session Details

      Print this information

14. Captive News Desk Special Report: Moving Beyond the Pandemic (Intermediate)

Date: 2021-08-11T00:00:00-04:00 Time: 10:00 am-10:50 am

Learning objectives: At the end of this session attendees will be able to:
- Obtain resources to help navigate the new virtual litigation world
- Obtain resources to help your captive survive the pandemic's economic burdens
- Identify new risks and solutions to claims for captives as a result of the pandemic
Level: Intermediate
Prerequisite: A basic understanding of captive insurance
Field of Study: Specialized Knowledge
Moderator/News Anchor: Jeff Packard, PMA Companies


Coordinators: Clare Bello Ogden, VCM, A CCMSI Division and Debbie Leich, CapVisor Associates
Content Advisor: Dennis Silvia, Davies Captive Management
This week on the Captive News Desk we will be discussing the long-term effects that COVID-19 has had on the captive insurance industry. Our show will interview several key leaders in the industry with broad perspectives on this topic. The Honorable Lewis Lubell of the New York Supreme Court Montgomery County will be with us, along with NY attorney Lori Semlies, who will explain the effects of the pandemic on the NY civil litigation court system as well as state immunity laws. Tune in to hear how all litigation has been affected. Then hear from captive owner David Henry and Joe Schimenti of Yellowstone Insurance Exchange, a Risk Retention Group, who will share their captive's journey through the pandemic and the effect on Medical Malpractice claims due to the pandemic. Finally, captive owner, Roberta Linscheid and Tris Felix of Cornerstone Risk will join us to discuss how the pandemic has impacted Workers Compensation claims. All the new will be presented from the desk of Captive News World's lead anchor, Jeff Packard.

Scheduled Speakers:

Tristram Felix, JD

Tris leads Cornerstone Risk Solutions (“CRS”), a wholly-owned subsidiary of IMA, Inc., which specializes in managing group insurance and risk management programs for a variety of clients such as associations, consortiums and franchise groups. CRS program clients are engaged in a broad spectrum of coverage and product lines, from Property & Casualty to Accident & Health, from fully-insured underwriting programs to group self-funded risk retention structures. Mr. Felix has deep experience and expertise on matters pertinent to group risk-taking structures: underwriting and funding of the risk-taking facility, negotiation and placement of excess and reinsurance, loss and expense pro forma modeling, regulatory and domicile compliance, governance and administration matters.

David Henry

David Henry has been involved with the healthcare industry for over 40 years. In 1994, he became CEO of Northern Montana Healthcare, which is a total healthcare service organization including a hospital, nursing home, retirement apartments, and clinic buildings, and all area Physicians are part of the organization. Prior to this, David worked for Medical Computer Services Association of Seattle, and Kadlec Medical Center in Richland Washington where he was CEO. He also served as CEO of St. Luke's Corporation in Spokane. David serves on a number of professional boards. He received his B.S. from Millikin University of Illinois and his MHA from the University of Washington, in Seattle. He is a Fellow in the American College of Healthcare Executives.

Roberta Linscheid

Ro became a C.N.A. in the 1970’s as a way to make money during her college days. She loved the work but did not think it would become her life’s work. Upon graduating from Bethel College with a music teaching degree, she embarked on teaching students the love of music. A move to California changed her career path as she found her first job as an activity assistant in Sierra View Homes Skilled Nursing Facility. She soon had her activity director certification and not long after she was certified in Social Services for Skilled Nursing Facility across town from Sierra View Homes. During the time she was in Social Services she mentored Social Work students from Fresno State. Some went on to become Nursing Home Administrators. She went back to Sierra View Homes to do Admissions and Marketing. She was the lead marketing person when they opened a 52-apartment building and a 21 bed Memory Care Center ten years ago. Through the years, she has been a Kiwanian and active in ministry through the First Mennonite Church of Reedley. Always ready for a challenge, she got her nursing home administrator license in 2014 and began the journey of administration work. She was fortunate to work as the Associate Executive Director of Sierra View Homes for a few years and then was named the Executive Director, CEO in February of 2020 just in time for the Pandemic and all its challenges. As the Executive Director, she is privileged to work with some wonderful staff and mingle with some very fine people and she even gets to use her music skills upon request.

Hon. Lewis J. Lubell

Justice Lubell is a Justice of the Supreme Court in Westchester County, and is the Supervising Judge of Matrimonial Matters in the 9th Judicial District, with responsibility for all matrimonial and Post Judgment matters. Justice Lubell graduated from Fordham University in 1977 and prior to entering law school in 1991, had an extensive, successful business career in sales and senior level corporate management. Upon admission to the New York and New Jersey bars, Justice Lubell spent his career as a trial attorney litigating complex medical malpractice, products liability, and aviation disaster cases. He continued this role until his election to the Supreme Court in the 9th Judicial District bench in 2005. Lubell is a Fellow of ASTAR (Advanced Science and Technology Adjudication Resource Center) and NCSI (National Courts and Science Institute) which provides advanced scientific training to the judiciary nationally. He lectures at Judicial Training classes, and participates in Moot Court and mock appellate arguments and trials for various law schools.

Jeffrey A. Packard

Jeff Packard has over 40 years of expertise in the insurance industry, with an emphasis in the marketing and sales of alternative risk transfer products coupled with an expertise in the underwriting arena. Currently, he is an Assistant Vice President for the Captive Division of The PMA Insurance Group, a multi-lines property and casualty carrier with a specialty in workers’ compensation. Since 1990, Jeff has worked in the alternative market area, including serving as Senior Regional Vice President for Mutual Risk Management, a Bermuda-based company that specialized in providing for Fortune 500 companies, captives and rent-a-captive solutions for their Insurance needs. He continues to teach, presenting Underwriting and Finance classes for insurance professionals, as well as teaches at The Fox Business School of Temple University, in Philadelphia Pa. He also does public speaking engagements throughout the Insurance Industry.

Joseph Schimenti

Joseph Schimenti is the President of Yellowstone Insurance Exchange, a Risk Retention Group. Yellowstone serves hospitals in Idaho, Montana, New Mexico and Wyoming. Joe has assisted in developing Risk Retention Groups and Captive programs in the United States. His professional background includes expertise in insurance business development, including strategic planning, process analysis and implementation, new ventures, administration/operations, marketing, risk management and mergers and acquisitions.

Lori Semlies, Esq.

Lori Semlies is an attorney at Wilson & Elser. She focuses her law practice to the defense of medical malpractice and senior care claims through trial; she also leads the national practice team and founded the firm’s Covid Task Force for the defense of covid related claims. She is a frequent lecturer on best practices at industry conferences and provides risk management to clients.