Understand how to use the Insurance Exhibit and get the most out of it to best insure a successful project.
The AIA contract documents are the most widely used form agreements for the procurement of design and construction services in America. Perhaps the most significant change for 2017 was the creation of an Insurance Exhibit. This exhibit offers the parties the opportunity to explore in much greater detail the insurance needs of their project. The Insurance Exhibit also provides a great deal more specificity with regard to required property and general liability insurance. This topic will provide you with an in-depth understanding of how to use the Insurance Exhibit and get the most out of it to best insure a successful project.
Learning Objectives
- You will be able to discuss an insurance exhibit.
- You will be able to explain how to use the new insurance exhibit.
- You will be able to describe optional coverages for the contractor.
- You will be able to recognize the structure of insurance requirements in the American Institute of Architects (AIA) contracting documents.
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Why Lorman?
Over 37 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.
Agenda
Why an Insurance Exhibit?
How to Use the New Insurance Exhibit
Structure of Insurance Requirements in the American Institute of Architects (AIA) Contracting Documents
- The Agreement Form
- The General Conditions Document
- The Insurance Exhibit
Minimum Required Information to Be Supplied
Additional Information to Be Supplied by the Parties to Tailor Coverage
Optional Property Covers, and Why They Are Important
- Business Interruption
- Expedited Expense
- Enhanced Property Covers
- Cyber Insurance
Enhanced General Liability Protection
Optional Coverages for the Contractor
Professional Liability and Environmental Liability Insurance
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Why Lorman?
Over 37 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.
Credits
OnDemand Course
This course was last revised on June 11, 2019.
Call 1-866-352-9540 for further credit information.
This program does NOT qualify, nor meet the National Standard for NASBA accreditation.
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Why Lorman?
Over 37 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.
Faculty
Kenneth W. Cobleigh, Esq.
AIA Contract Documents
- Serves as managing director and counsel, AIA contract documents, at the American Institute of Architects
- More than 18 years of experience in construction litigation
- Works with a team of lawyers, specialists and support staff, and the AIA Documents Committee, in developing and publishing AIA contract documents, and in providing support services to contract document users
- Was actively involved in the 2007 and subsequent document releases
- J.D. and B.A. degrees, University of Maryland
- Can be contacted at 202-626-7321 or [email protected]
Patrick J. O'Connor, Jr.
Faegre Baker Daniels
- Partner with the international law firm of Faegre Baker Daniels, LLP in its Minneapolis, Minnesota office
- Was law clerk to Miles W. Lord, Chief Judge of the Federal District Court for the District of Minnesota
- Practice focuses on construction, suretyship and insurance and has served as litigation or coverage counsel for contractors, owners, design professionals, and product suppliers in disputes venued in over 25 states and Canada
- Acts as a mediator, arbitrator and expert witness in construction and insurance disputes and is a published author
- Since 2007, counseled the AIA’s Documents Committee in connection with numerous contract forms and has held LEED AP (New Construction) certification through the U.S. Green Building Council
- Listed in The Best Lawyers in America, International Who’s Who of Construction Lawyers, and Minnesota Super Lawyers
- B.A. degree, Hamline University; J.D. degree, The American University
- Can be contacted at 612-766-7413 or [email protected]
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Why Lorman?
Over 37 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.
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