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Credits

Sponsored by Lorman Education
Product ID: 405696EAU
 
Credit & Course Provided by:

Construction Project Downstream Insurance Coverage

OnDemand Webinar (86 minutes)

Learn to identify the downstream coverage you need on a construction project and how to obtain it.Managing and spreading risk is of upmost importance on large construction projects. One of the ways to do this is by requiring downstream parties to name you as an additional insured on their insurance policies is not enough. For example, many contractors do not understand how being named as an additional insured specifically works to their benefit in the event of litigation for construction defects. This topic will help you identify the downstream coverage you need on a construction project, how to get it, and also give you some best practices to implement on the front end to help you get downstream coverage, and identify the risks associated with future claims and issues related to additional insurance coverage during litigation.

Authors

Patrick Gene Blanton, Slates Harwell, LLP

Agenda

Why Downstream Coverage Is Important

• Common Insurance Pitfalls on Large Commercial Projects

• Potential Areas of Exposure for Contractors on Future Claims

• Spreading the Risk

• Defense of Claims

• Indemnity From Judgments or Awards

Scope of Coverage and Issues Related to Claims

• General Liability

• Automotive/Workers Compensation Liability

• Excess Liability

• Professional Liability (If Design Build)

• Contractor Controlled Insurance Programs/Owner Controlled Insurance Programs

• Additional Insured

• Key Issues to Be Addressed During Litigation

Key Contract Clauses Impacting Downstream Coverage

• Named Additional Insured

• Indemnity Provisions That Relate to Coverage of Claims

• Primary vs. Excess

• Waiver of Subrogation

Best Practices

• During the Course of a Project

• After a Project Is Completed

• Tendering of Claims - Who, What, When and How to Properly Tender Claims

• Preparing for Issues to Be Addressed in Litigation

Additional Formats

Audio & Reference ManualMore Info
MP3 DownloadMore Info