Pennsylvania Record

Wednesday, February 19, 2020

COZEN O'CONNOR: Resolving Gaps in Wrap Insurance Coverage for Construction Projects

By Press release submission | Sep 24, 2019

Cozen O'Connor recently issued the following announcement.



Date & Time

Start Date: 09/26/2019

Start Time: 1:00 pm

End Time: 2:30 PM

Fred Jacoby will be a member of this Strafford Publications panel, which will guide construction counsel in addressing the issues and pitfalls with wrap insurance programs, and the coverage issues that often arise — including coverage gaps and eroding or insignificant limits — from the perspective of both the insurer and the insured. The panel will discuss practical alternatives to transfer risk outside of the wrap-up, and how to trigger other entities and their insurers with a focus on priority of coverage.

They will review these and other key issues:

What are the primary issues and pitfalls with wrap insurance programs?

What are the most common coverage issues that arise?

How does policy language impact coverage and what coverage gaps could result?

How do wrap-ups relate to construction defect issues?

What coverages are typically included and which are generally excluded?

How are additional insured and contractual indemnification issues resolved?

What are practical alternatives to transfer risk outside of the wrap-up?

What are best practices on triggering other entities and their insurers?

After the presentations, the panel will engage in a live question and answer session with participants so they can answer your questions about these important issues directly.

Original source can be found here.

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Cozen O'Connor