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Contra Proferentem Rule
A rule that states that in a contract an ambiguous term will be construed against the party that imposed its inclusion in the contract – or, more specifically, against (the interests of) the party who imposed it. In an insurance policy the ambiguity will be interpreted against the insurer.
Insurance Industry News from ProgramBusiness.comSpeakers forACORD LOMA Forum
Futurist and author Don Tapscott and inspirational speaker and former Olympian Jeff Galloway were named the keynote speakers for the 2005 ACORD LOMA Insurance Systems Forum (ISF) to be held this May in Orlando, FL. Both speakers embody this year's conference theme Achieve having excelled in their respective fields.
Building upon last year's success, the ACORD LOMA ISF is focusing this year's conference on strategies to help the industry address the myriad of issues they are faced with today from operational efficiency, regulatory compliance, and doing more with fewer resources.
Don Tapscott is an internationally sought authority, consultant, and speaker on business strategy and organizational transformation. He has authored or co-authored ten widely-read books on the application of technology in business. His new book, co-authored with David Ticoll, is The Naked Corporation: How the Age of Transparency Will Revolutionize Business (Free Press, October 2003) describes how corporate transparency, accountability, and stakeholder relationships are the new frontier for competitive innovation. His address at the ISF is being sponsored by CSC.
Inspirational speaker Jeff Galloway is a US Olympian and best selling author of running books in North America. His innovative ideas have opened up the possibility of running and completing a marathon to almost everyone. Philosophically, Jeff believes that we were all designed to run and walk, and he keeps finding ways to bring more people into the positive world of exercise. Duck Creek Technologies is sponsoring his address.
The 2005 ACORD LOMA Insurance Systems Forum will be held at the Walt Disney World Dolphin Hotel in Orlando, May 22 to 24, 2005.
For registration information, visit http://www.acordlomaforum.org.
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