Webinar: How to Negotiate Insurance Requirements on Contracts and Certificates

Sometimes you have bargaining power on contracts and sometimes you don't. By understanding key legal terminology you can make an informed decision on what level of risk your organization is willing to take. Failing to understand these risks can lead to nasty surprises.

Example: Bob's Drilling & Boring regrets signing the subcontract for a particular project. They arrived on the job site, drilled several large holes, covered them, marked them and left. Later someone fell into one of the holes and was injured. Even though the General Contractor was found 100% at fault, Bob's Drilling must still indemnify them because of a strongly worded indemnification clause in the the subcontract.

Is that legal? It can happen and does happen. We see similar scenarios in all lines of business.

On Tuesday, February 13th, R&R's Brian Bean J.D. gave a webinar titled How to Negotiate Insurance Requirements on Contracts and Certificates. Brian will be diving into the meaning of common terms found on contracts such as Sole Negligence, Additional Insured Primary Non-Contributory, Waivers of Subrogation, Limitation of Liability and much more.

As Brian puts it, "This is the stuff I wish I would have known before I started negotiating insurance contracts."

This webinar was recorded on February 13th, 2024.