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Association for Independent Agents | IIABL
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Title
Torts, Negligence & Legal Liability
Location
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Webinar
Location Description
Start Time
11/11/2020 12:00 PM
End Time
11/11/2020 3:00 PM
All Day Event
Recurrence
Workspace
Description
Coverage Part A of the commercial general liability (CGL) policy begins: “We will pay those sums that the insured becomes legally obligated to pay as damages because of ‘bodily injury’ or ‘property damage’ to which this insurance applies.” Somewhat similar wording is found in the business auto policy, and most “general” liability coverage. These policies extend coverage when the insured is “legally liable” for specific injury or damage. But what is legal liability and how does the insured become legally liable? Legal liability is imposed by statute or the courts on the person or entity responsible for causing financial injury or damage to another “person.” Legal liability can arise from intentional acts, unintentional acts or contracts (express or implied). In this class we: Define and differentiate between “public wrongs” and “private wrongs” Introduce the various types of “Torts” Detail the concept of “Negligence” Define “damages” Break down causation and ultimate liability Introduce several common and unique legal theories related to degrees of negligence
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LA
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Month
November
IAExcludeFromCalendar
No
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webinar
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Content Type:
IA_Event
Version: 1.0
Created at 10/16/2020 10:01 AM by Kathleen O'Regan
Last modified at 10/16/2020 10:01 AM by Kathleen O'Regan
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