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Additional Insureds, SIRS, and “Other Insurance” Provisions: Interpreting AI Endorsements, Ensuring Adequate Coverage

A live 90-minute CLE video webinar with interactive Q&A

This program is included with the Strafford CLE Pass. Click for more information.
This program is included with the Strafford All-Access Pass. Click for more information.

Tuesday, July 23, 2024 (in 5 days)

1:00pm-2:30pm EDT, 10:00am-11:30am PDT

or call 1-800-926-7926

This CLE course will discuss key pitfalls facing additional insureds (AIs) in ensuring adequate coverage, including the presence of a self-insured retention (SIR) in the named insured’s policy, the impact of "other insurance" provisions in the named insured's policies, and the interpretation of the insuring clause in the AI endorsement.

Description

Companies or contractors may be at risk when added as an AI on a subcontractor’s CGL policy with an SIR. Some courts have ruled that the AI is not entitled to a defense or indemnity until the named insured satisfies the SIR.

When an entity qualifies as an AI and several policies cover the same risk, counsel must determine the priority of coverage under applicable policies. The "other insurance" provisions need to be analyzed to determine which policy applies as primary or excess or if multiple policies apply as coinsurance.

Listen as our authoritative panel of insurance attorneys analyzes risks facing AI contractors in ensuring adequate coverage. The panel will discuss the presence of an SIR in the named insured's policy, the impact of "other insurance" provisions in subcontractor's policies, and the interpretation of the insuring clause in the AI endorsement.

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Outline

  1. Brief overview of obtaining AI coverage
  2. Interplay of AI coverage with SIRs in named insured's CGL policy
  3. Priority of coverage for AIs when several policies cover the same risk
  4. Interpreting the AI endorsement language

Benefits

The panel will review these and other key issues:

  • Does a policy on which a company is added as an AI primary and non-contributory take priority over other insurance carried by the AI party?
  • How can companies or contractors seeking AI status plan around an "other insurance" clause in the named insured's policy?
  • How can the policy language limit or extend coverage for acts of an AI?

Faculty

Mason, Lawrence
Larry D. Mason

Partner
Goldberg Segalla

Mr. Mason is a Goldberg Segalla LLP Partner where he dedicates his practice to first-party and third-party coverage,...  |  Read More

John J. McLeod
John J. McLeod

Shareholder
McLeod Law Group

Mr. McLeod represents policyholders in a wide variety of insurance claims and programs. This includes the negotiation...  |  Read More

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