Additional Insureds and Risk Transfer in Construction Contracts
Created on March 27, 2017
This course, taught by Andrew
This noteworthy coupling takes on heightened significance in the context of an owner's or builder's status as an additional insured under a Commercial General Liability (CGL) policy because of more restrictive anti-indemnity statutes passed by many state legislatures in recent years. These important changes require the steadfast attention of the policyholder, the claims professional, and the attorneys who advise them.
- Understand the current landscape of state anti-indemnity statutes and the impact on additional insureds
- Assess recent developments in the insurance industry regarding risk transfer provisions in construction contracts
- Identify key policy language to watch for in construction contracts with additional insureds
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