Chartered Property Casualty Underwriters Host Contractual Risk Transfer Seminar in Pasadena

March 28, 2006

The Chartered Property Casualty Underwriters Society’s California El Camino, Los Angeles and San Gabriel Valley Chapters are hosting a Contractual Risk Transfer seminar on Thursday, April 20 in Pasadena, Calif.

The program is designed to help attendees:
*Understand “contractual risk transfer” as a non-insurance and an insurance technique;
*Understand why statutory limitations apply to contractual risk transfer, and why there are exceptions;
*Distinguish among various categories of indemnity agreements, and understand why some may be void and unenforceable;
*Identify potential defenses to indemnity;
*Understand the mechanics of third-party-over actions;
*Identify potential problems when working on specifications calling for contractual liability insurance;
*Avoid potential problems when arranging both contractual liability and additional insured status;
*Assess the coverage grant of CGL, policies in providing contractual liability coverage, and identify pitfalls associated with this coverage; and
*Understand the scope of protection, and the difference between the rights of an indemnitee under a commercial general liability policy versus an indemnitee who also is a additional insured.

The featured speaker is Donald S. Malecki, principal at Malecki, Deimling, Nielander, & Associates, based in Erlanger, Ky. During his 45-year career, Malecki has worked as a broker, consultant, archivist-historian, teacher, underwriter, and insurance company claims consultant,. He is the author of 10 books, including three textbooks used in the CPCU curriculum. He is past president of the CPCU Society’s Cincinnati Chapter; a member of the AICPCU examination committee; an active member of the Society of Risk Management Consultants; on the CPCU Society’s Consulting, Litigation, & Expert Witness Section Committee, and a past member of the Commercial Lines Industry Liaison Panel of the Insurance Services Office Inc.

The workshop is $89 for CPCU members and $99 for nonmembers. It has been approved for four continuing education credits in California; and for adjuster credits in all states. For information, call (800) 932-2728, ext. 2728 by March 17.

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