CPCU Society Hosting Contractual Risk Transfer Workshop

February 28, 2006

The Chartered Property Casualty Underwriter Society is hosting a Contractual Risk Transfer workshop in Pasadena, Calif., on April 20, 2006.

The workshop will feature Donald S. Malecki, a principal at Malecki, Deimling, Nielander & Associates LLC based in Erlanger, Ky., and will cover:
*Contractual risk transfer”as a non-insurance and an insurance technique.

*Why statutory limitations apply to contractual risk transfer, and why there are exceptions.

*Variouscategories of indemnity agreements, and understand why some may be void and unenforceable.

*Potential defenses to indemnity.

*The mechanics of third-party-over actions.

*Potential problems when working on specifications calling for contractual liability insurance.

*How to avoid potential problems when arranging both contractual liability and additional insured status.

*How to assess the coverage grant of CGL, policies in providing contractual liability coverage, and identify pitfalls associated with this coverage.

*The scope of protection, and the difference between the rights of an indemnitee under a CGL policy versus an indemnitee who also is a additional insured.

The workshop has been approved for four continuing education credits in California and adjuster credits in all states. Cost for CPCU Society members is $89, nonmember cost is $99.

The event is being presented by the CPCU Society and co-sponsored by the CPCU Society’s California El Camino, Los Angeles, and San Gabriel Valley chapters. For more information, call (800) 932-2728, ext. 2728 or send an e-mail to membercenter@cpcusociety.org by March 17.

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