TIPS, TRICKS, AND TRAPS OF THE CGL and UMBRELLA AND EXCESS LIABILITY
Two half-day workshops—Presented by the CPCU Society Co-sponsored by the CPCU Society’s Iowa Chapter

SPEAKER FOR BOTH WORKSHOPS

R. Bryan Tilden, CPCU, CLU, is a national lecturer and expert witness in the field of insurance. Prior to starting his own firm, Tilden and Associates, he was the director of technical affairs and director of education for IIANC.  Tilden has been active in insurance education as a grading panel member for the Insurance Institute of America and the American Institute for Chartered Property Casualty Underwriters.  In 1988, IIANC presented him with the Ernest F. Young Education Award, and in 1989 Agent of the Year. Tilden has taught in schools for both the PIA and IIAA, been a speaker at RIMS and CPCU meetings, and has spoken at various conventions. The views and opinions of the speaker are his own and not necessarily shared by the officers, members, or staff of the CPCU Society.

Tips, Tricks, and Traps of the CGL (Updated to include latest 2004 CGL changes!)

Umbrella and Excess Liability (Coverages, Gaps, and Solutions)

Registration form

Registration form

WHAT’S IT ABOUT?

This workshop will discuss how the CGL policy has evolved into the latest 2004 edition; and how the insurance and risk management professional can best-utilize the latest policy and endorsements in the current liability environment.

WHO’S IT FOR?

This program is designed for all insurance professionals and other professionals who must protect the interests of their "customers," including agents, brokers, underwriters, adjusters, reinsurers, risk managers, and attorneys, and who have at least three years of experience.

WHAT YOU’LL LEARN

At the conclusion of this workshop, the attentive learner will be able to:

• Understand how the CGL policy has evolved over the past fifteen years.

• Learn "TIPS" to better understand the coverages.

• Identify "TRICKS" for using endorsements to structure the policy coverages.

• Recognize and avoid the "TRAPS" of unexpected exclusions.

• Recognize and understand changes in the new 2004 CGL Policy.

• Recommend the coverages needed by your customers.

WHAT’S IT ABOUT?

This is a practical and useful program that will enable an insurance practitioner to determine the "best" umbrella or excess policy. Workshop attendees will analyze the major components of umbrella and excess policies; explore how to avoid major gaps in coverage; and learn how to layer a "mixed" excess program.

WHO’S IT FOR?

This program is designed for all insurance professionals and other professionals who must protect the interests of their "customers," including agents, brokers, underwriters, adjusters, reinsurers, risk managers, and attorneys; and who have at least three years of experience.

WHAT YOU’LL LEARN

At the conclusion of this workshop, the attentive learner will be able to:

• Identify the types of excess liability policies and to provide characteristics of each type.

• Explore the excess gap that can be created when the primary includes defense within policy limits.

• Explain major excess liability policy concepts, important policy provisions, and exclusions common to excess liability policies.

• Understand how a "prior insurance" condition can act to exclude coverage.

• Discover how non-concurrent aggregates can transfer the loss back to the insured.

• Structure a layered program, including both occurrence and claims-made triggers.