Scandals - The Secret of The Shifting Exclusion

In this episode of Scandals: Insurance Uncovered, Theresa Guertin from Saxe Doernberger & Vita and Amy Lamb from CR Solutions dive into a complex yet critical aspect of construction insurance: wrap-up exclusions. Join them as they unpack the intricacies of these policies and their real-world implications for contractors and insurance professionals.

Topics Covered:

• Understanding Wrap-Up Exclusions: What they are and why they matter.
• The Evolution of ISO Forms: From the 1996 CG 2154 to the 2019 revisions.
• Challenges in Coverage: How "involved" and "enrolled" language can impact claims.
• Practical Tips for Contractors: Avoiding pitfalls when transitioning from wrap-up to traditional insurance.
• Case Law and Real-World Scenarios: Insights from the field on how these issues play out in court and on job sites.

Theresa and Amy engage in a lively discussion about the challenges and nuances of insurance language, particularly around wrap-up exclusions. They explore how seemingly small wording changes can lead to significant legal and financial consequences for contractors and insurers. Whether you're an industry veteran or new to the world of construction insurance, this episode provides valuable insights and practical advice to help you navigate this complex terrain. Don't miss their tips on ensuring proper coverage and avoiding costly mistakes as wrap-up programs come to a close.

Listen now to equip yourself with the knowledge you need to stay ahead in the ever-evolving world of construction insurance.

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Have a burning insurance question or a case you want us to dissect? We're all ears! Submit your topics, cases, or any areas of interest, and let our hosts dive into the details. Reach out to us directly—your suggestion could be featured in an upcoming episode!

Reach us directly at ⁠⁠scandalsinspod@gmail.com⁠⁠

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Connect with our hosts: Theresa Guertin & Amy Lamb

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Review the Inside Insight Podcast and Scandals: Insurance Uncovered on Spotify or Apple Podcasts.

You can find Scandals here on ⁠Spotify ⁠and ⁠Apple Podcasts⁠!