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Contingency Business Panel – 17 September 2025

The Contingency Committee reviewed multiple updates and ongoing projects. Revisions to the consumer event cancellation wording were outlined, clarifying adverse weather and non-appearance exclusions, distinguishing indoor from outdoor coverage, and aligning expenses-only drafts. The group discussed a potential endorsement to harmonize consumer and commercial policies, noting exclusions converted to conditions and agreeing that firms manage individual requests. The committee discussed the US mental health questionnaire regarding if the data protection notice is compliant with state regulations, pending confirmation on Social Security number collection. The panel were updated on extending Contingency Academy training to brokers, and on the advice against overlapping communicable disease and COVID exclusions due to legal ambiguity. Project Spring Clean was reviewed noting 2,500 contingency clauses for archiving or retention. Other items included cyber exclusion wording, LMA3163 clarification, US national mourning clauses, model reinsurance exclusions, and claims cause code updates.