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Basic Principles of Construction Insurance

 

Understand the basics of insurance policies available on construction projects and common problems in making claims.

Claims for damage to property or persons often arise in connection with ongoing or completed construction projects. For many of these claims, parties maintain insurance that may potentially provide a source for coverage and recovery for those claims. This topic will address excess insurance policies, builders' risk insurance, errors and omissions (aka professional liability) policies for design professionals, and typical exemptions. In a world that is constantly changing, this topic will address some of the latest developments in how federal and state courts are interpreting insurance contracts. This content has been prepared by attorneys with more than 35 combined years of experience in construction litigation and will help you understand the basics of insurance policies available on construction projects, the types of claims that may be covered, and common problems in identifying and making claims under those policies.

Agenda

Faculty

Michael Jay Rune, II

Michael Jay Rune, II

Carlton Fields, P.A.

  • Shareholder with Carlton Fields
  • More than 25 years of experience representing owner/developers, contractors, sureties, subcontractors, and suppliers in nearly all aspects of the construction industry and large-scale commercial construction projects
  • Has handled construction, surety, fidelity, and related insurance matters as well as mortgage fraud recovery through mediation, arbitration, and litigation in state and federal courts and mediates commercial and construction matters in Florida
  • Has represented clients in crane, scaffolding, and structural collapse cases
  • Known for his hard-hat approach to construction, spending time at construction sites and working with project managers and construction workers to gain firsthand knowledge of the construction industry and what goes on in the field
  • Published author and frequent speaker on issues important to the construction and fidelity industries
  • Recognized by Lorman Education Services for his above-benchmark customer course ratings and received the 2017 Platinum Distinguished Faculty Badge
  • Author of the International Association of Defense Counsel’s Annual Survey of Fidelity and Surety Law (1997–2004), and co-author of Liability and Performance Bond Surety in The Law of Performance Bonds (ABA 1999)
  • Board certified in construction law by The Florida Bar and a Supreme Court of Florida Certified Circuit Civil Mediator
  • J.D. degree, Samford University Cumberland School of Law; B.A. degree, cum laude, University of Texas at Austin
Dana Chaaban

Dana Chaaban

Carlton Fields, P.A.

  • Attorney in the Miami office of Carlton Fields, P.A.
  • Focuses practice on commercial and construction litigation, where she represents developers, contractors, material suppliers, and design professionals in disputes involving construction defect claims, delay claims, construction lien issues, and contract disputes
  • Member of several professional and civic organizations
  • Can be contacted at 305-539-7417 or [email protected]

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