Insurance law is constantly changing. Being in the construction business you will need to keep informed on the recent developments and how they are handled.
By attending this seminar those who are connected with the field of construction will become informed of the insurance coverage, contract provisions and professional liability in the construction industry.
Topics to be discussed include:
- Construction Insurance Coverages – Overview
- Enforcing Insurance Rights
- Pursuing Sureties
- Construct Contract Insurance Provisions
- Professional Liability Insurance Policies
9:00 a.m. - 10:00 a.m.
I. Construction Insurance Coverages – Overview
A. Commercial General Liability
B. Builders' Risk And Property Insurance
C. Professional Liability Insurance
D. Owners Protective Liability Insurance
E. Cargo Policies
10:00 a.m. - 10:30 a.m.
II. Enforcing Insurance Rights
A. Types Of Insurance
B. Scopes Of Coverage
C. An Example Of A Typical CGL Claim
D. Subrogation Rights
E. Additional Named Insureds
10:30 a.m. - 10:45 a.m.
10:45 a.m. - 11:15 a.m.
III. Pursuing Sureties
A. The Roles And Responsibilities Of Performance And Payment Bond Sureties
B. Preserving Surety Liability Through Timely Notice
C. How To Pursue Surety Claims
D. Rights And Defenses Of The Surety
11:15 a.m. - 12:15 p.m.
IV. Construct Contract Insurance Provisions
A. Standard Forms
C. Limitation Of Liability
D. Waiver Of Subrogation
E. Policy Requirements
F. Design/Build Contracts
12:15 p.m. - 1:15 p.m.
Lunch (On Your Own)
1:15 p.m. - 2:15 p.m.
2:15 p.m. - 2:30 p.m.
2:30 p.m. - 4:30 p.m.
VI. Professional Liability Insurance Policies
A. Current Trends
B. Practice Policies
C. Project Policies
D. Issues Relating To Design/Builders