Construction Builder's Risk and CGL Insurance: Scope of Coverage, Covered Losses, Exclusions, AI Endorsements
Recording of a 90-minute CLE webinar with Q&A
This CLE webinar will provide counsel for construction contractors and developers with an analysis of evolving coverage issues in builder’s risk and CGL insurance for construction projects. The panel will discuss how these policies work to mitigate developer and contractor risks, the use of additional insured endorsements, problematic coverage issues, and potential pitfalls for the unwary.
- Builder’s risk policies
- Contractual requirements
- Scope of coverage
- Troublesome exclusions and conditions
- Common issues and practice pointers
- CGL policies
- Scope of coverage
- Exclusions and exceptions to exclusions
- Costs recoverable
- Additional insured endorsements
The panel will review these and other key issues:
- What types of perils are covered in a typical builder’s risk policy?
- What are the common exclusions and exceptions in builder’s risk policies?
- What types of occurrences are covered in most CGL policies?
- What common exclusions and exceptions are in CGL policies?
- What is the difference between “additional named insured” and “additional insured”?
Bruce H. Schoumacher
Querrey & Harrow
Mr. Schoumacher is the Group Co-Chair of the firm's Construction Practice Group and also practices in several other... | Read More
Mr. Schoumacher is the Group Co-Chair of the firm's Construction Practice Group and also practices in several other areas, including professional liability, product liability, commercial law, insurance, and antitrust. He works with a variety of professionals, including architects, engineers, contractors and manufacturers. He has recently been recognized by his peers and named as a Leading Lawyer in the area of construction law. He is also an active speaker in the construction industry.Close
Steven A. Coombs
Mr. Coombs writes on builders risk insurance for Risk Resources, a risk management and commercial insurance consulting... | Read More
Mr. Coombs writes on builders risk insurance for Risk Resources, a risk management and commercial insurance consulting firm. Common projects include risk management and insurance audits, insurance RFPs/proposal management, agent/broker selection, risk financing studies, litigation support and testimony. He has extensive knowledge and experience regarding various aspects of construction insurance and is an author and speaker. He coauthored, along with Donald S. Malecki, The Builders Risk Book.Close