At the firm-sponsored “Construction Insurance and Government Contracting: What You Need to Know” seminar, Christopher Yetka of the Minneapolis office and Clifford Shapiro of the Chicago office presented, “Risk Management and Insurance Issues in Construction." Christopher and Clifford presented on how to make sense of complicated insurance policies related to construction projects, and identified potential risks and effective ways to work around the issues surrounding indemnity agreements and insurance requirements in construction contracts, including indemnity and coverage for additional insureds. They also addressed:
- Whether or to what extent insurance coverage may exist for a construction defect claim under the Commercial General Liability (CGL) insurance policy and whether a claim alleging construction defects qualifies as an accidental “occurrence” under the CGL policy
- Effective use of owner controlled (OCIP) and contractor controlled insurance programs (CCIP) or “wrap-up insurance"
- Hot topics in construction claim litigation