Insurance policies are key assets for any business, but many executives and in-house attorneys know little about their companies’ insurance programs. Gaining some knowledge about insurance can be a tremendous business opportunity. After all, an insurance policy is not just an expense – it’s an asset that can bring money into the company exactly when it’s needed most. To do so, you should know what policies you have or may want to purchase, some of what they can do for you, and how to get a claim paid by your insurance company.
In this practical webinar, you will explore several types of insurance policies. You will examine distinctions between policies that cover your company for damage to its property and those that cover your company’s potential liability to third parties. You will also discuss some of the insurance policies that you may want your business partners to carry.
Upon course completion, you will be able to:
- Analyze and understand an insurance policy’s declarations pages that can serve as a guide to the entire policy
- Review a certificate of insurance and consider whether it complies with the insurance requirements of a contract
- Specify when you want your company to be an “additional insured” on someone else’s policy; and properly consider someone else’s request to be an “additional insured” on your policy
- Distinguish between an insurance agent and an insurance broker, and recognize some differences in services they may provide
- Explain the distinction between a liability insurer’s duty to defend and duty to indemnify, including when each duty will be most important to your company
- Identify potential problems that can arise when an insurance company sends a “reservation of rights” letter
This CE program is eligible for CLE Credit. Please be sure to check the Credits tab to confirm that this program has been pre-approved for credit in your state.
Kenneth Gorenberg
Barnes & Thornburg LLP
Kenneth M. Gorenberg is a partner in the Chicago office of Barnes & Thornburg LLP, where he is a member of the firm’s Litigation Department and its Policyholder Insurance Recovery and Counseling Practice Group. Mr. Gorenberg has also represented insurance companies, insurance executives and third-party administrators in complex litigation. Mr. Gorenberg is a graduate of the University of Pennsylvania and the University of Chicago Law School.
CLE Credits (Law)
| Credit | Value | Type | Format |
|---|---|---|---|
In some CLE states, the course will be submitted to the bar after you register. If for any reason the course is not approved, we will fully refund your registration fee. If a state is listed on this course, then we are confident the course fits that state's standards and already is or will be approved for credit.
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Can I still receive Continuing Education Credits if I view the webinar recording instead of the live presentation?
In most cases, the answer is yes. Recorded webinars are not eligible for CLE credit in the following states: AR, KS, MS, NE, and RI. In all other jurisdictions, recorded programs are eligible for credit. In addition, CPE credit is not available for recorded webinars. Please note that recorded webinars are only eligible for a certain period of time based on the jurisdiction. To ask about your specific type of Continuing Education Credit or the requirements in your jurisdiction, please call us at 703-372-0550 or contact us.
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