WTH Seminar: Commercial Lines
This is a National Alliance Program presented by MAIA.
Employment Related Practices, Exposures & Coverages (2 hours)
Agents will examine and be able to explain the issues related to Employment Practices Liability. They will learn the basic exposures their clients face and review the exclusions contained in most liability coverage forms. They will analyze the coverages found in many Employment Related Practices Policies designed specifically to protect against these causes of action against an insured.
Ordinance or Law (2 hours)
Unendorsed, standard Commercial Property Insurance forms do not cover the loss of the undamaged portion of the building, the cost of demolishing that undamaged portion of the building, or the increased cost of rebuilding the entire structure in accordance with building codes. However, coverage for these loss exposures is available. Agents will identify the ordinance or law exposures unique to their clients and be able to explain the significant limitations in an unendorsed standard ISO Commercial Property Policy. They will examine the Ordinance or Law Coverage Endorsement including coverage options, settlement options, premium calculations, increased period of restoration, and more. They will discuss ways the endorsement can address these exposures.
Certificates of Insurance and Additional Insureds (3 hours)
Agents will examine the unique problems in adding Additional Insureds and handling Certificates of Insurance. They will gain an understanding of hold harmless/indemnity agreements and the waiver of subrogation concept. They will identify the types of insureds and reasons for requesting additional insured status. They will identify the problems created when adding additional insureds and how to handle or minimize them. They will discuss the purpose, coverage and limitations or exclusions for additional insured endorsements. They will be able to identify and describe the types of certificates, review evidence of insurance forms, and discuss how they differ from certificates and binders. They will also gain an understanding of Errors and Omissions considerations.
Please Note: This course is a graduate level CISR class and attendance is limited to CISRs and CICs in good standing. This class can not be used to earn the CISR designation.
PRICE: Members: $161 / Non-Members: $161
PROMETRIC NUMBER: National Alliance