Understanding Commercial General Liability Insurance
Commercial General Liability Insurance (CGLI) protects small-business owners from claims of injury, property damage, and negligence related to their business activities. Many clients, particularly in services, require small businesses to have Commercial General Liability insurance before signing a contract. Today, understanding the need for and uses of CGLI is central to running a business and minimizing the risk of law suits.
In this two-hour LIVE CLE webcast, a panel of distinguished experts and thought leaders, assembled by The Knowledge Group, will help businesses, legal counsel, and others understand the importance of CGLI to any business. Speakers also will offer best practices in ensuring compliance with insurance regulations.
Some of the major topics that will be covered in this course are:
- Commercial General Liability Insurance
- Significance, Risks, Benefits and Drawbacks
- Policies Coverage and Exclusions
- Business Owner’s Policy (BOP) Requirements
- Compliance Strategies and Risk Mitigation
- Litigation for Non- Compliance
Loeb & Loeb
- The duty to defend/pay defense costs v. the duty to indemnify and the duty to settle.
- The “trigger” of coverage – definition of an “occurrence” and what constitutes “bodily injury” “advertising injury” and “property damage”
- Umbrella/excess issues and the concept of “following form.”
The Law Offices of Jeffrey L. Schulman, P.C.
- Identifying the risks of doing business and the coverages available to reduce those risks.
- Eliminating coverage gaps, loopholes and eviscerating/problem exclusions.
- Self-insured retentions vs. deductibles.
Who Should Attend:
- Business Owners
- Business Executive Officers
- Legal Counsel
- Public, Private, and Multinational Companies
- Other Interested/Related Professionals or Organization
Jerry Phillips maintains a diverse and complex business and commercial litigation practice in state and federal courts and before regulatory agencies, with an emphasis on securities litigation and arbitration, regulatory investigations, compliance matters, insurance coverage analysis and disputes, insurance-related regulatory issues, tax matters and fraud, unfair competition, professional liability, consumer protection and other liability claims, particularly where insurance coverage is implicated. Mr. Phillips has litigated, tried, arbitrated and successfully resolved numerous securities customer complaints, shareholder and partnership disputes, insurance issues, business and personal torts, unfair competition matters, contract disputes, liability issues, trade libel and defamation claims and a wide variety of class actions.
Mr. Phillips works with clients and other firm attorneys to assist them on insurance, coverage and risk assessment issues. Mr. Phillips analyzes existing coverages and additional insurance needs, represents clients before insurance-related regulatory agencies, and reviews and interprets policy language, including provisions relating to coverages, exclusions, duties of defense and indemnity, selection of defense counsel and insurer reservations of rights.
Mr. Phillips currently represents public and private entities, businesses and individuals in commercial and business disputes, coverage and related insurance issues, as well as securities, professional liability, consumer protection and other liability lawsuits, arbitrations and class actions, tax disputes, and a range of other business, commercial, tax and insurance litigation.
Jerry Phillips maintains a diverse and complex business and commercial litigation practice in state and federal courts and before regulatory …
Jeffrey Schulman is the Founding and Managing Partner of The Law Offices of Jeffrey L. Schulman, P.C. Jeffrey was formerly a partner and group leader in a large firm’s nationally recognized insurance recovery practice before forming his own law firm. His work has also earned him numerous awards and recognitions including being named as a “Rising Star” by the New York Law Journal and a New York Metro Super Lawyer. He is ranked AVPreeminent by Martindale-Hubbell and The Legal 500: The Client’s Guide to the US Legal Profession recommended Jeffrey, describing him as “humane and brilliant.” He routinely speaks and publishes on insurance and litigation-related issues.
Jeffrey Schulman is the Founding and Managing Partner of The Law Offices of Jeffrey L. Schulman, P.C. Jeffrey was formerly …
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Method of Presentation:
NASBA Field of Study:
Specialized Knowledge and Applications
NY Category of CLE Credit:
Areas of Professional Practice
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About Loeb & Loeb
Loeb & Loeb is a multiservice law firm with more than 300 attorneys focusing on select practice areas, rather than endeavoring to be all things to all clients. The firm is recognized as a leading law firm in the areas of capital markets; corporate; media and entertainment; intellectual property; litigation; real estate; technology; and tax and wealth services. Loeb & Loeb has offices in Los Angeles, New York, Chicago, Nashville, Washington, DC, and Beijing, as well as an affiliate office in Hong Kong. www.loeb.com
About The Law Offices of Jeffrey L. Schulman, P.C.
The Law Offices of Jeffrey L. Schulman, P.C. is a multi-service law firm focusing on insurance recovery as well as civil and criminal litigation, arbitration and mediation for individuals and businesses of all sizes. The firm is headquartered in New York City but has national reach, representing clients around the country.