Goldberg & Connolly presents panel discussion with Associated General Contractors

Goldberg & Connolly presented a panel discussion entitled Construction Risk Management Essentials and the Changing Insurance Market. The event was hosted by Goldberg & Connolly along with Associated General Contractors of New York State, LLC (AGC NYS) on June 12th at the Cornell Club. The panel was moderated by Goldberg & Connolly's managing partner, Henry Goldberg, Esq. Panelists included Mitchell Reiter, Esq., partner at Goldberg & Connolly; Jim Conroy, senior VP of Construction Primary Casualty, AIG; Shari Natovitz, senior VP of risk management at Silverstein Properties; and Mike Banahan, executive VP and general counsel of USI Construction Services. The breakfast program addressed the major factors in the insurance market that are driving up costs for the contractor community. The event featured a panel discussion focusing on the most problematic insurance issues facing contractors today, as well as recent changes in the industry, such as higher primary liability limit requirements. Panelists shared insights regarding effective strategies for structuring insurance programs that meet specific business requirements, as well as the importance of reviewing each contract's insurance requirements. Topics covered also included, recent legal decisions and Labor Law §240 compliance; insurance coverage of "Upstream Parties"; horizontal and vertical exhaustion; and steps contractors and construction managers can take to mitigate construction insurance challenges. Henry L. Goldberg is a prominent authority in construction law and government contracting. Goldberg & Connolly represents owners and developers, construction contractors, subcontractors, sureties and government agencies. He regularly counsels his clients with regard to problems that arise during all phases of construction including the design, bidding, construction, management and closeout of projects. Mr. Goldberg is an expert in all types of construction claims and controversies.