Washington, DC (PRWEB) May 02, 2014
In just a few days, WPL Publishing will host a webinar to help professionals within the construction community understand insurance products and contract clauses that are used for projects throughout the United States.
Most construction projects require parties to provide different types of insurance. Regardless of cost or risk, contractual insurance requirements often are afterthoughts, however, even for substantial projects. Regardless of the size of a project, contractual insurance requirements often are boilerplate that is misunderstood or left unread. The same can be said for insurance policies. This webinar covers construction insurance basics with a goal of simplifying and demystifying insurance products and contract clauses used throughout the industry. To register for the 90-minute event, scheduled for Wednesday, May 7, 2014, at 1:00 p.m. (EDT), visit http://tinyurl.com/oomfud2.
The webinar, entitled “Construction Insurance: The Basics,” will cover the following topics:
- The difference between first-party and third-party insurance policies.
- How to read an insurance policy -- coverage grants, conditions, exclusions, and endorsements.
- The basics of construction contract insurance clauses.
- What a waiver of subrogation clause does.
- Recent developments in construction insurance case law.
- Tips for effective claims handling (or how to talk to an insurance company).
Addressing attendees will be Stephen Palley, the founding partner of Palley Law PLLC in Washington, D.C. He represents construction industry clients in connection with insurance coverage transactions and disputes. In addition to more than 15 years of litigation, trial, and dispute-resolution practice, he has extensive experience with insurance-related construction contract negotiation and insurance policy review and negotiation. He has advised clients on the development and negotiation of insurance and risk-transfer programs and claims for some of the largest construction projects in the U.S., including ones for power plants, airports, sports venues, and hospitals.
Following Mr. Palley’s presentation, there will be an interactive 10-to-15 minute question-and-answer session addressing relevant topics.
Webinar tuition is based on location, not number of participants, so each registration site can have multiple participants for one low price. To register, visit http://tinyurl.com/oomfud2.
WPL Publishing Co., Inc. provides expert training, education, and development resources for the construction industry via live webinars and its ConstructionPro Network website (http://www.ConstructionProNet.com). Through ConstructionPro Network, WPL publishes the independent newsletter ConstructionPro Week, providing news, analysis, and insightful commentary about recent developments involving construction law, green buildings, building information modeling, and various construction managerial technologies and techniques.