MBA Education Ordinance or Law Insurance: Coverage & Claim Perspectives Webinar Oct. 20

MBA Staff

October 14, 2016


MBA Education presents a webinar, Ordinance or Law Insurance: Coverage & Claim Perspectives, on Thursday, Oct. 20 from 2:00-3:30 p.m. ET.

This webinar will cover fundamental concepts of Ordinance or Law Insurance, while providing real-world lessons and examples from claim settlements. With multiple coverage parts to be considered (including business income), speakers will analyze when this coverage should be required and how to make sure adequate limits are in force. Consideration will be provided to why this coverage, which is often completely excluded in property policies, should be required, even in the absence of a legal, non-conforming zoning report. Should zoning reports truly be the only deciding factor that lenders or borrowers use when deciding to require or purchase this coverage?

The webinar will be a useful conversation to educate lenders, servicing personnel and asset managers about the complexities of the topic and the claims adjustment process. Did you require enough insurance, and if there is a claim, will you recover as much as you think and how long will it really take to get it settled?

Objectives
--How much insurance is required to protect your collateral?
--Zoning reports and Rights to Rebuild
--Key insurance terminology and policy terms and conditions
--Claims process and the impact it has on the ultimate claim settlement amount

Who Should Attend
--Insurance Directors
--Loan Closers & Underwriters
--Commercial Servicers
--Asset Managers

Speakers
--Mike McDaniel, President & Owner, Fortress Risk Consultants
--Paul Migdal, Executive Vice President, The Greenspan Co./Adjusters International

To register, click https://www.mba.org/store/events/webinar/ordinance-or-law-insurance-coverage-and-claim-perspectives.

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