Allocating Risk in Commercial Contracts: Additional Insured Endorsements and Waivers of Subrogation
Recording of a 90-minute CLE webinar with Q&A
This CLE course will provide guidance to business counsel on strategies contracting parties can leverage to allocate risks and protect their respective economic expectations. The panel will address the use of additional insured (AI) endorsements and waivers of subrogation to protect against economic loss.
Outline
- Additional insured coverage
- Additional insured vs. additional named insured
- Endorsements vs. certificate of insurance
- Policy language and various additional insured forms
- Scope of coverage
- Interplay between contractual indemnity and additional insured coverage
- Contractual indemnification
- Contractual insurance requirements
- Additional insured coverage
- Crafting contractual indemnification provisions
- Subrogation
- Overview of subrogation principles
- Mutual waivers of subrogation
- Limited waivers of subrogation
Benefits
The panel will review these and other key issues:
- How can counsel ensure that contractually required AI coverage is satisfied by the named insured’s policy?
- How have the ISO’s 2013 revisions to AI endorsements narrowed the scope of coverage for AIs?
- How can counsel draft subrogation waivers that protect both contracting parties?
Faculty
Kenneth M. Gorenberg
Partner
Barnes & Thornburg
Mr. Gorenberg is a member of the firm’s Litigation Department and its Policyholder Insurance Recovery and... | Read More
Mr. Gorenberg is a member of the firm’s Litigation Department and its Policyholder Insurance Recovery and Counseling Practice Group. His insurance practice focuses on a number of complex issues for corporate policyholders. He assists clients in litigation, arbitration, and negotiation of a wide variety of business disputes. His commercial clients have included financial institutions, hoteliers, real estate developers, publishers, and web-based ticket brokers. He defends manufacturers, design engineers and premises owners in “bet the company” asbestos personal injury litigation.
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Katie C. Pfeifer
Of Counsel
Dorsey & Whitney
Ms. Pfeifer is a trial attorney and Co-Chair of the firm’s Insurance Law Practice Group. She represents clients... | Read More
Ms. Pfeifer is a trial attorney and Co-Chair of the firm’s Insurance Law Practice Group. She represents clients in all types of complex commercial litigation. Ms. Pfeifer’s clients include public and private corporations, for-profit and non-profit entities, financial institutions, and individuals. She has presented at numerous CLE seminars concerning insurance and related issues, including allocation of risk through insurance.
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