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Basic Principles of Construction Insurance

presented by Lorman Education Services
View the Lorman Education Services Profile and Course Listings

Summary

Basic Principles of Construction Insurance

Workshop Description/Agenda

Benefits
Understand the basics of insurance policies available on construction projects, claims that may be covered, and common problems in making claims. Claims for damage to property or persons often arise in connection with ongoing or completed construction projects. For many of these claims parties maintain insurance that may potentially provide a source for coverage and recovery for those claims. This topic will address excess insurance policies, builders risk insurance, and errors and omissions (aka professional liability) policies for design professionals and typical exemptions. In a world that is constantly changing, this topic will address some of the latest developments in how federal and some state courts are interpreting insurance contracts. This content has been prepared by attorneys with more than 35 combined years of experience in construction litigation and will help you understand the basics of insurance policies available on construction projects, the types of claims that may be covered, and common problems in identifying and making claims under those policies.

Agenda
Comprehensive General Liability • Property Damage or Bodily Injury • Occurrence • Policy Period and Triggers • Exclusions Typically Involved in Construction Claims • Insureds and Additional Insureds • Subrogation • Notice and Other Requirements Other Insurance Issues • Builder's Risk • Workers' Compensation • Design Liability • Excess Coverage • Other Insurance Coverages

Faculty
Dana Chaaban with Shutts & Bowen LLP, Michael Jay Rune, II with Shutts & Bowen LLP

Credits
AIA ,CLE (Please check the Detailed Credit Information page for states that have already been approved) ,CPE ,ENG ,Additional credit may be available upon request.

Who Should Attend

This live webinar is designed for attorneys, presidents, vice presidents, contractors, subcontractors, engineers, architects, construction and project managers, developers, accountants, controllers, risk managers and other construction professionals.

Additional Information

Training Provider: Lorman Education Services

Course Topics: Construction Training > Construction Fundamentals

Training Course Summary: Basic Principles of Construction Insurance


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