Join Marsh & McLennan Agency and special guest speakers Gregory M. Feary and Michael B. Langford with Scopelitis, Garvin, Light, Hanson & Feary as we dive into this two-part webinar discussing Excess Coverages & Nuclear Verdicts and Customer Contracts & Tariffs. Greg & Michael will explore these two topics and help guide trucking companies on how to better understand and prepare your company to face these industry challenges.
- Excess Coverage & Nuclear Verdicts: Michael Langford walks you through recent nuclear verdict scenarios, why cases go to trial and create potential nuclear verdict exposures and how they’ve impacted the transportation industry. Michael helps you understand what is at stake for your company and the importance of excess coverage in current times as well as what factors trucking companies should consider when choosing limits.
- Transportation Contract Considerations: Greg Feary walks you through reviewing shipper/broker contracts properly so you realize and understand what you are signing and that you know if you’re sharing limits, additional insured, etc. He also shares what insurance implications could arise in the event of an accident. Tackling indemnities in contracts, cargo loss and damage liability, anti-indemnity statutes, insurance considerations, customer contract issues, brokering under carrier contracts.