CMF: Ordinance or Law Insurance
Date:Tuesday, June 18, 2019
Time: 2:00-3:30 PM EST
For those interested in purchasing and attending multiple webinars in the CMF Insurance series, please use the promo code GROUP15 promo code to receive 15% off. If member companies are interested in sending multiple people to multiple webinars, please contact MBA Education at firstname.lastname@example.org.
Commercial Insurance Series Summary:
Commercial insurance is a complex and dynamic component of the real estate finance industry. In recognition of the training needs of our members, MBA Education has developed a comprehensive program covering the various elements of commercial insurance. In collaboration with Insurance Advisors LLC and Fortress Risk Consultants LLC, MBA Education will offer 13 webinars over the course of a two year period covering the following four categories:
1) Introductory and OverviewOur goal is for MBA members to develop a better understanding of everything from the fundamentals to the complexities of commercial insurance.
2) Types of Commercial Insurance
3) Commercial Insurance Industry Processes
4) Commercial Insurance Compliance
Ordinance or Law Insurance:
Learn about this important and poorly understood coverage, and how lenders and insureds can be severely impacted if they don't have adequate coverage in place. With multiple coverage parts to be considered (including business income) the speakers will review 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?
- Mike McDaniel, President & Owner, Fortress Risk Consultants, LLC
The schedule for 2018 and 2019 is as follows:
- Fundamentals of Commercial Insurance (February 13, 2018)
- Blanket Property Policy Analysis Insurance (March 27, 2018)
- Builder's Risk Insurance (April 10, 2018)
- Business Income Insurance (June 21, 2018)
- Force Placed Insurance (July 10, 2018)
- CMF Insurance Policy, Review and Boiler/Machinery Insurance (September 5, 2018)
- Overview of CMF Insurance Compliance (October 18, 2018)
- Self-Insurance, Captives and Fronting (November 14, 2018)
- Fundamentals of Commercial Insurance (February 19, 2019)
- Self-Insurance and Reinsurance (March 19, 2019)
- Catastrophic Insurance (April 16, 2019)
- Ordinance or Law Insurance (June 18, 2019)
- Top Commercial Insurance Issues and Problems (July 16, 2019)
- General, Umbrella, and Prof. Liability Insurance (September 17, 2019)
- Overview of Commercial Insurance Compliance (October 15, 2019)
- Commercial Insurer Ratings and Property Claims (November 19, 2019)
Who Should Attend?
Loan closers, servicers and others concerned with insurance matters, such as attorneys and consultants who work within the real estate industry.