[Aep] Re: RE: FW: AEP - LAW SUIT/OFFER UPDATE

[jdeitch911 at access995.com]

----- Original Message -----
From: Cindy_Braun at fprsi.com
Sent: 6/6/2005 7:40:53 AM
To: jdeitch911 at access995.com
Subject: RE: FW: AEP - LAW SUIT/OFFER UPDATE

> 
> Jan
> 
> I want to confirm that in our earlier phone conference, the carrier
> recommended, and the Board agreed that the carrier would settle this matter
> for up to the 5K demand. At our last phone conference, we simply agreed
> that I would keep Dr. Steward in the loop on each go around so that he
> could have input in how the settlement discussions proceeded. It now
> appears that we will likely be able to resolve this matter for 3K, or
> possibly less. Is the Board revoking its consent to settle? I want to make
> sure that Dr. Stewart and the Board are reminded of the possible
> ramifications under AEP's Policy if it refuses to allow the Insurer to
> settle. Please clarify for me AEP's position. Thank you.
> 
> Cindy Reicin Braun
> Claims Litigation Analyst
> AUSCO
> 200 East Randolph
> 17th Floor
> Chicago, IL 60601
> 312-381-2937
> Fax: 312-381-6222
> E-Mail: cindy_braun at fprsi.com
> 
> 
> THE INFORMATION CONTAINED IN THIS TRANSMISSION IS  CONFIDENTIAL.  IT IS
> INTENDED FOR THE USE OF THE INDIVIDUAL OR ENTITY NAMED ABOVE.  IF THE
> READER OF THIS MESSAGE IS NOT THE INTENDED RECIPIENT, YOU ARE HEREBY
> NOTIFIED THAT ANY DISSEMINATION, DISTRIBUTION OR COPY OF THIS COMMUNICATION
> IS STRICTLY PROHIBITED.  IF YOU HAVE RECEIVED THIS COMMUNICATION IN ERROR,
> PLEASE IMMEDIATELY NOTIFY AND RETURN THE ORIGINAL MESSAGE TO THE SENDER.
> THANK YOU.
> 
> 
> 
> 
> 
>                                                                                                            
>                       "Janis Deitch"                                                                       
>                       <jdeitch911 at acces        To:       <Cindy_Braun at fprsi.com>                           
>                       s995.com>                cc:       "Edward Stewart" <estewart7 at msn.com>              
>                                                Subject:  RE: FW: AEP - LAW SUIT/OFFER UPDATE               
>                       06/03/2005 09:00                                                                     
>                       PM                                                                                   
>                                                                                                            
>                                                                                                            
> 
> 
> 
> 
> Evening Cindy?
> 
> The AEP Board just met. They've asked me to send you an email with the
> following:
> 
> The AEP Board gives the defense counsel $2K in authority. That's to try to
> resolve and settle for as little as possible up to $2K.
> 
> The AEP Board insists that any settlement would have to include:
>       1)       a non-disclosure of this issue
>       2)       no admission of guilt by AEP or any individuals involved
>       3)       no further action towards AEP or any individuals involved
>       regarding this issue
> 
> Dr. Stewart asks that you stay in close contact with him (cell:
> 304-543-8547) so that he can make arrangements ? if need be ? in a timely
> way to go to Dallas at the end of June.
> 
> Thank you?
> Jan
> 
> 
> From: Cindy_Braun at fprsi.com [mailto:Cindy_Braun at fprsi.com]
> Sent: Thursday, June 02, 2005 3:15 PM
> To: Janis Deitch
> Cc: estewart7 at msn.com
> Subject: RE: FW: AEP - LAW SUIT/OFFER UPDATE
> 
> 
> Jan/Dr. Stewart
> 
> Our defense counsel advises that he has been able to talk with Dr. Genco.
> He thinks he can get this resolved for $3K or less. He asks that we give
> him $3K in authority, and he will try and settle for as little as possible
> up to $3K. I would like to give him the authority, but want to make sure
> you are on board. Please let me know if you have any objection to our
> moving forward to try and settle. Thanks.
> 
> Cindy Reicin Braun
> Claims Litigation Analyst
> AUSCO
> 200 East Randolph
> 17th Floor
> Chicago, IL 60601
> 312-381-2937
> Fax: 312-381-6222
> E-Mail: cindy_braun at fprsi.com
> 
> 
> THE INFORMATION CONTAINED IN THIS TRANSMISSION IS  CONFIDENTIAL.  IT IS
> INTENDED FOR THE USE OF THE INDIVIDUAL OR ENTITY NAMED ABOVE.  IF THE
> READER OF THIS MESSAGE IS NOT THE INTENDED RECIPIENT, YOU ARE HEREBY
> NOTIFIED THAT ANY DISSEMINATION, DISTRIBUTION OR COPY OF THIS COMMUNICATION
> IS STRICTLY PROHIBITED.  IF YOU HAVE RECEIVED THIS COMMUNICATION IN ERROR,
> PLEASE IMMEDIATELY NOTIFY AND RETURN THE ORIGINAL MESSAGE TO THE SENDER.
> THANK YOU.
> 
 Cindy--

There is a Regular Board Meeting Teleconference tomorrow evening - Wednesday, June 8th at 9:00 p.m. ET. Can you dial-in so that the Board can clarify AEP's position for you and so that you can answer any questions that the Board might have?

I will email you the dial-in number and access code later today.

Thank you--
Jan