Update on Environmental Insurance & Related Liability Matters. NAREIM Environmental Forum April 29, 2010. Today’s Topics. State of the Environmental Insurance Industry Emerging Insurance Trends Insurance Related Legal Trends Case in Point: Third Party Reliance Issues.
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Update on Environmental Insurance & Related Liability Matters
NAREIM Environmental Forum
April 29, 2010
Additional insureds – general liability and “COPS” contractor operations are the real venues for this – NOT E&O
Remember: GL excludes pollution, E&O; COPS additional insured is not for E&O
ISO forms changed dramatically in 2004
Limited additional insureds to coverage for liability they suffered due to the policyholder (or those the policyholder was responsible for)
Secondary Client Agreement between Agadoni Consultants and Duff Life
Scope of work agreement
Terms for conflict resolution
Restrictions on further use
Defined standard of care
Waiver of conflicts
Limit of liability
Professional Liability Consultants, LLC
Phone: (770) 345-3577
(Licensed in Georgia and Illinois)
ATC Associates Inc.
Phone: (678) 581-7551