Regulations, insurance, liability at Construction Conference

CHICAGO, Jan. 7, 2009 – Despite the anticipated decline in construction projects in the new year, managers and counsel for remaining projects need to keep current on new construction insurance regulations. To help them stay up to date with the evolving regulations, the American Bar Association Forum on the Construction Industry, in conjunction with the ABA Section of Litigation’s Construction Litigation Committee, will host “Coverages, Disputes and Tactics for Survival: Critical Insurance and Litigation Issues and Insights,” a conference addressing key insurance concerns in the construction industry.

The meeting will take place Jan. 15 – 16 at the Hyatt Regency Coconut Point Hotel and Spa in Bonita Springs, Fla.

The two-day program consists of five plenary sessions and a series of comprehensive workshops, providing a wealth of information to new and seasoned construction lawyers and other construction industry practitioners.

The opening plenary session, “Insurance 101: What Every Construction Lawyer Needs to (and Should) Know About the Insurance Industry,” covers basic insurance concepts. Panelists will discuss the role of brokers, underwriters and reinsurers, as well as factors that influence insurance rates such as the economy, and natural or man-made disasters, including Hurricane Katrina and 9/11.

Amid growing concerns for the environment, the conference also features “Sustainable Design and Construction: When Green Turns Red,” a workshop that explores various rewards and incentives for sustainable design and construction projects. This session will also answer such timely questions as what does it mean to insure a green project, or what does the Leadership in Energy and Environmental Design program mean for the industry?

Other conference highlights include programming on risk management, owner-controlled insurance programs, construction defect litigation and liability. For a complete listing of these and other programs, please download the online brochure here.

The ABA Forum on the Construction Industry serves the construction industry through education and leadership. With 6,000 members, the forum is the largest organization of construction lawyers in the world. Its members represent all segments of the construction industry, including owners, design professionals, general contractors, construction managers, subcontractors, suppliers, insurers and sureties.

With more than 400,000 members, the American Bar Association is the largest voluntary professional membership organization in the world. As the national voice of the legal profession, the ABA works to improve the administration of justice, promotes programs that assist lawyers and judges in their work, accredits law schools, provides continuing legal education, and works to build public understanding around the world of the importance of the rule of law.

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