Construction Defect Litigation and Insurance Coverage: What You Must Know and Do
Overview:
The construction industry has been hounded by unprecedented threats and other legal pitfalls. Various claims for damage to property or persons arising from construction projects, often expose companies and individuals to the risk of costly litigation. In order to prevent or limit risks arising from such claims, general contractors, subcontractors, and owners must adopt an insurance program that will effectively mitigate the risks of claims and potentially provide a source for coverage and recovery.
In this LIVE webcast, construction litigators John D. North (Greenbaum Rowe Smith & Davis LLP) and Ashley B. Jordan (Reed Smith LLP) will provide an in-depth analysis of the fundamentals as well as recent developments in the fields of construction litigation and insurance. Speakers will also cover the best practices and effective tools in understanding insurance policies and procedures to maximize the potentials of an insurance coverage and provide more control on risk management.
Key issues that will be covered in this course are:
- Construction Litigation and Insurance Coverage: 2019 Perspective
- Recent Trends and Developments
- Common Risks and Pitfalls
- Identifying Red Flags
- What You Need to Know in 2020
Agenda:
Greenbaum Rowe Smith & Davis LLP
- A discussion of the operative provisions of a standard GL policy regarding the availability of coverage for alleged construction defects;
- Provisions and endorsements which may exclude coverage or result in unexpected coverage outcomes;
- The obligation of the carrier to defend claims that fall within the coverage provisions of the policy, regardless of the underlying merit of the claim;
- “Occurrences” or events that trigger coverage for alleged construction defects;
- Allocation of expense and indemnification obligations among carriers when there are multiple policies and carriers involved.
Reed Smith LLP
- Endorsements requiring the “occurrence” happen within the policy period.
- Endorsements requiring application of the manifestation trigger.
- “Anti-Montrose” and similar provisions.
- Policyholder defenses & coverage-maximizing strategies.
Who Should Attend:
- Insurance Companies offering Construction Insurance
- Contractors and Subcontractors
- Owners of Construction Projects
- Payroll Officers
- Human Resource Department
- Insurance Officers
- Insurance Lawyers
- Litigation Officers
John D. North is chair of the Litigation Department at Greenbaum, Rowe, Smith & Davis LLP. He focuses his practice …
Based in Reed Smith’s Los Angeles office, Ashley B. Jordan specializes in insurance recovery and risk management counseling for policyholders, …
Course Level:
Intermediate
Advance Preparation:
Print and review course materials
Method of Presentation:
On-demand Webcast (CLE)
Prerequisite:
General knowledge of construction and insurance laws
Course Code:
148323
NY Category of CLE Credit:
Areas of Professional
Total Credit:
1.0 CLE
Login Instructions:
No Access
You are not logged in. Please Login or register to the event to gain access to the materials and login instructions.
Unlock All The Knowledge and Credit You Need
Leading Provider of Online Continuing Education
It's As Easy as 1, 2, 3
Get Your 1-Year All Access Pass For Only $199
SPEAKERS' FIRMS:
About Greenbaum Rowe Smith & Davis LLP
Greenbaum, Rowe, Smith & Davis is a multi-practice law firm serving local, regional and national clients. As one of New Jersey’s leading law firms, the firm brings diverse and comprehensive expertise to the representation of both businesses and individuals. For over 100 years, the firm has earned the trust and loyalty of clients by providing sophisticated, creative and cost-effective representation through collaborative teamwork, proactive legal strategies, attention to detail and relationship-oriented service.
Website: http://www.greenbaumlaw.com/
About Reed Smith LLP
Reed Smith’s Insurance Recovery Group is dedicated to representing policyholders, and only policyholders, as an advocate in disputes with insurance carriers and as a counselor in the purchase of insurance products. Reed Smith’s Insurance Recovery Group is consistently ranked by U.S. News & World Report as the premier policyholder-side insurance recovery practice in the United States, with more than 80 lawyers in offices throughout the United States and in London. Reed Smith’s Insurance Recovery Group uses its unparalleled insight into the insurance market to navigate complex, high-stakes insurance disputes to sustained success.