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WestCon TribuneSeptember 2003 |
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SEPTEMBER MEETING 2003
Residential Construction Liability
Crisis Presented By: David Alvarado, Vice
President, ABD Insurance Services Westcon is pleased to have David Alvarado and Jeff Rodriguez
with ABD Insurance Services presenting for the September dinner meeting.
Mr. Rodriguez and Mr. Alvarado will be giving a general marketplace
overview and discuss specific case laws that continue to plague the
construction industry. They will discuss Senate Bill 800 and explain why they believe
it most likely will have no positive lasting impact. Other topics planned for discussion are: current insurance
environment and traps to avoid; short-term and long term outlooks; how
to prepare a submission for underwriters upon renewal; and exit strategies. ABD works with and knows the risks and liabilities assumed
by General Contractors under Owner contracts. These risks may include
anything from design responsibilities for the project, scheduling of
the work, indemnification for any and all injuries or damage arising
out of the project, supervision of the subcontractor’s work, protection
of property and the public, and providing guarantees on the performance
of the work. General Contractors must be confident that all of these contractual
risks have been identified and proper risk management techniques have
been implemented to mitigate them. As construction specialists, ABD
helps implement risk management programs to address these risks. David Alvarado has focused on the contractor/developer clientele
for over 17 years. He currently represents a significant number of contractors/developers
in various industry segments in Northern and Southern California. His
clients and specialties range from sub contracts of $20million with
traditional insurance placements to finite risk programs for clients
with annual exceeding $700million. Jeff Rodriguez has extensive experience developing and managing
insurance and risk management programs in a variety of industries including
construction. He joined ABD in 1998 and assumed responsibility as practice
leader of the ABD Construction Group in 1999. |
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