Insurance Law: Commercial Coverage Controversies

This half-day seminar provides the latest information on the hot topics in commercial insurance and offers a close look at commercial liability coverage concerns. Topics include: commercial contracts and leases, insurance policy clauses, choice of law issues, governmental investigations coverage, policy exclusions, triggers of coverage, loss valuation, and much more! An update on recent case law is also included. The program is designed for attorneys advising/representing insurance companies, as well as policyholders regarding commercial risk, with all levels of practice experience.

 

This segment assists attorneys in advising clients on the various insurance clauses in commercial contracts and leases by examining the specific language of the additional insured endorsement in the Commercial General Liability (CGL) policy. Topics include: terms of contract; contractual additional insureds status v. indemnification; and contractual liability coverage in the standard CGL policy

 

When advising clients on clauses in insurance policies, it is important that attorneys know what coverage is available. This segment examines the different types of insurance – primary, co-insurance, and excess – and offers an analysis of need for each one. Other topics include: relationship among multiple insurers; resolving conflicts between “other insurance” clauses; arbitration clauses; and choice of law issues.

 

10:00 – 10:15 a.m. Break (refreshments provided)

 

This segment offers a comprehensive overview of recent case law, including a detailed examination of West American Ins. Co v. Yorkville Nat’l Bank; Addison Ins. Co. v. Fay; and Allianz Ins. Co. v. Guidant.

 

This segment examines the key issues of Directors & Officers insurance coverage, including: policy exclusions for fraudulent acts; policy exclusions for gaining improper profit or advantage; coverage for governmental investigations; policy rescission and severability; and coverage for punitive damages.

 

This segment explores various aspects of Business Interruption insurance, including types of business interruption coverage currently in use and issues with triggers of coverage, policy interpretation, and loss valuation.