Has the Insured Satisfied the Remaining Coverage Elements under Insuring Agreement A for Subprime Loan Loss Claims?
Starting with a brief history of Insuring Agreement (A) and its application from 1986 to 2004, this presentation continues with a comprehensive discussion of the 2004 revision of the Standard Form No. 24. Current issues in the interpretation and application of Insuring Agreement (A) are addressed, including how future Insuring Agreement (A) claims will include mitigation and litigation involving multiple participants in the recent sub-prime and credit crisis fiascos. It’s Miller Act Time – The Champagne of Payment Bond Status Providing the backdrop to the remainder of the surety program, this opening presentation covers the basics of the Miller Act and its effect on government contracts and the surety bonds issued pursuant to the Act. Subtopics to be covered include a discussion of which subcontractor tiers are covered under a Miller Act Bond, what form of notice is required for a payment bond claim, how statutes of limitations are applied to Miller Act bonds, and which courts (or arbi
Related Questions
- For insured employees with dependent coverage, does the deductible for each person have to be satisfied before the reimbursement begins?
- Did the Covered Defect in the Covered Document Directly Cause the Claimed Loss under Insuring Agreement D & E?
- Does my policy provide coverage to cleanup the debris from my premises after an insured loss?
