Understanding Commercial General Liability Coverage

In an era of increased risk where natural and man-made disasters and accidents are commonplace and frequently involve liability associated with environmental loss, injury involving the use of social media and big data, and the growing costs associated with defending and resolving lawsuits, it is imperative for risk managers, attorneys, and business leaders to be acutely aware of scope of and common issues arising under commercial general liability (CGL) policies. CGL insurance commonly provides a defense from a lawsuit where there is potential coverage and provides indemnity for any covered claim, settlement, or judgment. This topic will provide you with insight into the key coverages available and concerns that arise in the CGL insurance arena and provide guidance regarding common issues and questions under a CGL policy. This topic will open with a discussion of how CGL insurance operates, including a review of the major types of liability covered under a CGL policy, access to CGL coverage as an additional insured, and understanding a basic CGL coverage tower. We will then discuss the most significant recurring issues and questions related to CGL coverage, focusing on the duty to defend, common policy exclusions, concerns when pursuing coverage for long-tail asbestos and environmental claims, and allocation and exhaustion issues. We will conclude with a discussion of the recurring issues and questions to consider in connection with how insurers handle CGL claims.

Who Is This Course For?

This course is designed for risk managers, attorneys, business leaders, and other professionals who need to understand the fundamentals of Commercial General Liability (CGL) coverage and common issues.

Requirements

There are no prerequisites for this course.

What You Will Learn

• Understand how CGL insurance operates.
• Identify the major types of liability covered by a CGL policy.
• Learn how to access CGL coverage as an additional insured.
• Understand a basic CGL coverage tower.
• Discuss the most significant recurring issues and questions related to CGL coverage.
• Understand the duty to defend and common policy exclusions.
• Recognize concerns when pursuing coverage for long-tail asbestos and environmental claims.
• Understand allocation and exhaustion issues.
• Learn how insurers handle CGL claims.

After Completing This Course You Will Be Able To

• Apply your understanding of commercial general liability coverage.
• Identify potential risks that may lead to claims.
• Make informed decisions about insurance coverage.
• Negotiate with insurers on coverage terms.
• Manage claims effectively.

Course Costs

The cost of the course is $149.00.

What Is Included?

• Video lectures.
• Course materials.
• Course exam.
• Certificate of Completion.