Insurance Requirement Provisions in Commercial Contracts: Mitigating Risk, Maximizing Coverage, Indemnification
Recording of a 90-minute CLE webinar with Q&A
This CLE course will guide business counsel on addressing insurance requirement provisions in commercial contracts. The panel will discuss steps to determine the appropriate type and amount of insurance coverage, critical issues with additional insured coverage, and the interplay between insurance coverage provisions and contractual indemnification.
Outline
- Determining the type and amount of insurance coverage
- Additional insured coverage
- Scope
- Contractual limitations
- Interplay of insurance provisions with indemnification
Benefits
The panel will review these and other key issues:
- How can parties to commercial contracts use insurance provisions and additional insured endorsements to meet defense and indemnity obligations?
- How can counsel ensure that contractually required additional insured coverage is satisfied by the named insured's policy?
- Why is a certificate of insurance inadequate protection for the party seeking additional insured status?
Faculty
Katherine J. Henry
Partner
Bradley Arant Boult Cummings
Ms. Henry is the Chair of the firm’s Policyholder Insurance Coverage Team. She regularly advises Fortune 10 and... | Read More
Ms. Henry is the Chair of the firm’s Policyholder Insurance Coverage Team. She regularly advises Fortune 10 and other companies on complex insurance programs involving manuscript and specialty policies and programs incorporating various risk transfer and financing mechanisms. Ms. Henry’s practice spans all aspects of policyholder insurance coverage, from initial policy placement and renewals to claims management and litigation, both in the U.S. and abroad.
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G. Benjamin Milam
Attorney
Bradley Arant Boult Cummings
Mr. Milam practices in the areas of financial services litigation and policyholder insurance coverage. He represents... | Read More
Mr. Milam practices in the areas of financial services litigation and policyholder insurance coverage. He represents policyholders in insurance coverage disputes, including title and liability insurance matters. Mr. Milam also represents mortgage lenders on a variety of claims, including unfair trade practices, wrongful foreclosure, the Fair Credit Reporting Act, the Fair Debt Collection Practices Act, the Real Estate Settlement Procedures Act and the Truth in Lending Act.
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