Events
Duane Morris Partner Robert Fineman to Discuss "Insurance, Indemnity and Contribution: Coverage Implications—Reconciling Competing Indemnity Obligations and Insurance Provisions"
January 26, 2012 | Online
Duane Morris partner Robert Fineman will be part of an interactive panel on "Insurance, Indemnity and Contribution: Coverage Implications— Reconciling Competing Indemnity Obligations and Insurance Provisions" on Thursday, January 26, 2012 from 1:00 to 3:00 p.m. (Eastern time).
This CLE webinar will provide insurance counsel with a roadmap for understanding the statutory and common law on contribution and indemnification. The panel will analyze disputes that arise when reconciling indemnity agreements and insurance provisions, and outline best practices for drafting indemnification language.
Indemnification agreements are widely used to shift risk in a variety of commercial transactions. Insurance coverage counsel must understand the impact of indemnity agreements on insurance—who is ultimately responsible for the claim, and when and how is this responsibility shared?
Coverage disputes often arise in reconciling indemnity agreements and insurance policies. Other insurance clauses and exclusions for liabilities assumed by contract provide ample grounds for disputes and litigation. The indemnitor must negotiate contractual provisions that limit the scope of the indemnification. The party seeking indemnification must negotiate provisions that address the indemnitee’s negligence, additional insured status and scope of defense.
An expert panel of insurance attorneys will discuss the law of contribution and indemnity and how to reconcile contractual indemnity language with insurance policy provisions. The panel will offer best practices for drafting contractual indemnification provisions and will also explore other key questions including:
- What are the parameters of statutory and common law indemnity and how can parties alter these obligations contractually?
- What are common types of "other insurance clauses" and how do they interact?
- How can counsel craft effective contractual indemnification provisions that protect the clients—whether the indemnitor or indemnitee?
For more information about the webinar, or to register, please visit the Strafford website.
