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Construction Insurance, Bonding and Liens

Lorman Education Services
Training Provided by Lorman Education Services Stop insurance nightmares in their tracks - get on the right track from the start. Attend this enlightening seminar and stay abreast of the latest issues relating to construction insurance, bonding and liens. Our seasoned professionals will provide practical answers to your most pressing questions about Alabama mechanics lien law. You'll get an inside look at how to respond to confusing issues surrounding bond claims. Take advantage of this opportunity to make sure you stay current and stay out of trouble. You'll walk away with the ability to confidently handle every construction insurance challenge you face. Sign up today! Benefits for You - Ease your insurance worries with the help of our expert panel - Find out why it's important to address payment problems immediately - before they fester into costly legal claims - Delve deeper into commercial general liability and other insurance coverages - Skillfully maneuver through bond claim procedures for both private and government projects - Expand your radar to account for bankruptcy issues
Related Awards, Degrees or Certifications: ,AIA 6.5 ,CC 1.0 ,IACET 0.65 ,CPE 8.0 including Management Advisory Services 8 ,AZ CLE 6.5 ,AZ INS 8.0 ,
This is primarily ilt training
instructor led trainingThis class may be available at a classroom in Milwaukee, WI,
Contact Lorman Education Services for more information
Duration:1 days
Training Presented in:English
Construction Insurance, Bonding and Liens Agenda

This seminar will be presented by F. Keith Covington, N. Christian Glenos,

David Robert Hume Jr., Arlan D. Lewis and J. David Pugh.

8:00 am - 8:30 am Registration

8:30 am - 9:30 am Commercial General Liability Insurance

- Property Damage or Bodily Injury

- Occurrence

- Policy Period and Triggers

- Exclusions Typically Involved in Construction Claims

- Insureds and Additional Insureds

- Subrogation

- Notice and Other Requirements

9:30 am - 10:00 am Other Insurance Issues

- Builder's Risk and Workers' Compensation

- Design Liability and Excess Coverage

- Other Insurance Coverages

10:00 am - 10:10 am Break

10:10 am - 11:00 am Private Project Bond Claims

- Who May Recover Under Private Bonds?

- Limitations on Provisions in Executory Contracts

- What Claims Are Reimbursable?

- Notice Requirements

- Requirements for and Limitations on Filing Suit

- Combination Payment and Performance Bonds

- Performance Bonds as Payment Bonds

11:00 am - 12:00 pm Government Project Bond Claims

- Miller Act (Federal Work) and Little Miller Act

- What Claims Are Reimbursable?

- Notice Requirements

- Comments Applicable to Both State and Federal Bonds

- Requirements for and Limitations on Filing Suit

- Failure to Post Statutorily Required Bond

12:00 pm - 1:00 pm Lunch (On Your Own)

1:00 pm - 1:30 pm Payment Bonds and Arbitration or Other Dispute Resolution Procedures

- Private Work and Public Works

- Other Dispute Resolution Provisions

1:30 pm - 2:00 pm Defenses

- Principal's Defenses

- Misapplication of Payment and Joint Check Payment

- Liquidation Clauses, Waiver and Estoppel

- Accord and Satisfaction

- Failure to Comply With Licensing Requirements

- Penal Sum Limit

2:00 pm - 3:15 pm Selected Bankruptcy Issues in Construction

- Statutory Liens in Bankruptcy

- Payments to Subcontractors and Suppliers of Bankrupt Contractors

- Post-Bankruptcy Performance of Construction Contracts

- Bond Claims in Bankruptcy

3:15 pm - 3:25 pm Break

3:25 pm - 4:30 pm Alabama Mechanics Lien Law

- Coverage

- Techniques for Preserving Right

- Procedures for Filing Suit

- Recovery of Funds

- Protection for Owner

About The Training Provider: Lorman Education Services
Lorman Education Services - Lorman Education is dedicated to providing cost-effective training opportunities that meet the needs of our members and enhance their skills, knowledge, and competencies. Please use Priority Code 16175 when registering. Lorman Education Services began offering continuing education seminars in 1987. Lorman Education is dedicated to providing cost-effective training opportunities that...
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