Image of Liability Issues to Worry About – Indemnity Agreements and Additional
Video On Demand

Liability Issues to Worry About – Indemnity Agreements and Additional Insureds


Total Credits: 2 including 2 CE Credit

Average Rating:
   4.6
Category:
Commercial Lines |  Commercial Lines - Advanced
Faculty:
E. Stuart Powell, Jr., MA, CPCU, CIC, CLU, ChFC, ARM, AMIM, AAI, ARe, CRIS
Duration:
2 hrs
License:
Access for 90 day(s) after purchase.



Description

Your insureds, particularly contractors, are signing contracts every day.  What are they agreeing to in these contracts?  Are there “Hold Harmless” and other types of indemnity agreements in these contracts?  If so, what liability exposures are your insureds assuming under these contracts?  This course will take you through the different types of indemnity agreements that your insured’s may be signing and what they mean to your insureds and to you, their agent. 

The course will also cover the major Additional Insured Endorsements that we use and how these endorsements affect your insureds’ coverage. 

Course Materials

Faculty

E. Stuart Powell, Jr., MA, CPCU, CIC, CLU, ChFC, ARM, AMIM, AAI, ARe, CRIS's Profile

E. Stuart Powell, Jr., MA, CPCU, CIC, CLU, ChFC, ARM, AMIM, AAI, ARe, CRIS Related seminars and products: 2


Stuart has been personally involved in the insurance business for over 40 years. He joined the staff of IIANC as Director of Education in 1995.  In 2004, Stuart became Vice President of Insurance Operations and Technical Affairs for IIANC.  In 2014, he served briefly as Interim CEO of the Independent Insurance Agents of North Carolina, Inc., IIANC Member Services, Inc., and the North Carolina Association of Insurance Agents,

Inc.  As VP of Insurance Operations, he managed the designated insurance agency for the State of North Carolina placing all coverages which the State does not self-insure, was the administrator of the IIANC Errors and Omissions Insurance program of agents and managed the insurance benefits operations for members of the Association.  Stuart continues to teach, write, is a frequent speaker on insurance matters and is a technical resource for 700+ agencies and 7,000+ agents that are members of IIANC. In 2016, Powell retired from IIANC and became an Executive in Residence in the Walker College of Business at Appalachian State University where he taught courses to Risk Management and Insurance majors for a year. In 2017, Powell semi-retired and is doing independent insurance and risk management consulting and serving as an expert witness on matters of insurance coverages and insurance agents standards of care. 

 

Stuart began his insurance career working in The Powell Agency, Inc. of Reidsville, NC, a family agency whose roots can be traced back to the 1890’s.  He has been a frequent instructor of insurance courses.  Stuart is on the National Faculty for the Society of Certified Insurance Counselors (CIC).  He has taught in various CIC Institutes and Graduate Seminars.  He is the author of numerous articles on insurance and related matters.  He is also a past president of the Piedmont North Carolina Chapter and a past board member of the Eastern North Carolina Chapter of the Society of CPCU.  Stuart served on the National Producer Advisory Council for Commercial Union Insurance Company from 1979-1981.  In 1991, he received the IIANC Ernest F. Young Education

Award.   In 2014, IIANC endowed a scholarship in Insurance and Risk Management at East Carolina University in Stuart’s name.  Stuart was a member of the Brantley Center for Risk and Insurance Advisory Board at Appalachian State University.  He also serves on the Chairman’s Advisory Committee for the North Carolina Industrial Commission and is a member of the Board of Directors for the North Carolina Community College Foundation, Inc. In 2016, Stuart was awarded the Order of the Long Leaf Pine by Governor Pat McCrory.

 

Stuart graduated from Catawba College in Salisbury, NC with a Bachelor of Arts in

Religion and Philosophy. He received a Master of Arts degree from Wake Forest University in Winston-Salem, NC where he was the recipient of a Graduate Scholarship and Fellowship.  Stuart is married with two children and four grandchildren.  His current hobbies include sailing, fly fishing, and studying classical languages.

 


State Specific Details

State Approval Information Details

SC - This course is approved for 2 hrs CE - Course # 125287

SC:  This course is approved in SC but please complete the required affidavit in the materials section (zip file - IMPORTANT CE INFORMATION & STATE REQUIRED FORMS)

CO - This course is approved for 2 hrs CE - Course#58551

NC- This course is approved for 2 hours CE in these states

OK - This course is approved for 2 hrs CE (Producer) - Course#1027472

LA - This course is approved for 2 hrs CE - Course#30342

TN- This course is approved for 2 hrs CE - Course#28451

KS - This course is approved for 2 hrs CE - Course#990766

Note -  KAIA will file your earned CE electronically within 10 business day after course completions

NM - This course is approved for 2 hrs CE - Course# 48320

SD - This course is approved for 2 hrs CE - Course#1277790

MS - This course is approved for 2 hours CE in this state


Reviews

5
4
3
2
1

Overall:      4.6

Total Reviews: 267

Comments

Karen C

"Great webinar!"

Kacie L

"thank you"

Charlie W - Jacksonville, Florida

"Terrific presentation"

Adriana R - Kilgore, Texas

"Good Information "

NICOLE R - DALZELL, South Carolina

"loved how those IN CLASS asked questions and I was able to see the response. "

Deborah F

"satifactory"

Norine D

"interesting topic and clear presentation"

Ingrid H

"very good course"

Beatrice T - Bryan, Texas

"very informative and clear"

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