The Devil is in the Details. Differences in General Indemnity Agreements and What They Mean to Your Customer

Recorded On: 11/01/2016

While the general indemnity agreement forms used by sureties when issuing construction surety bonds have many common characteristics, they are not all the same. These agreements vary from surety to surety and there are important differences in these agreements. These variations are, in part, a reaction to adverse court decisions and, in part, a reflection of differing appetites for risk and philosophies as to how to structure the relationships with contractor clients. This program explains the significance of these differences.

Phillip G. Alber

Shareholder, Alber Crafton, PSC

Phillip G. Alber is a shareholder at Alber Crafton, PSC in Troy, Michigan, where his practice concentrates primarily in the area of fidelity and surety law and construction disputes. He is a member of the American Bar Association, the Forum Committee on Construction Law, and is a member and a former Vice Chair of the Fidelity and Surety Committee of the Torts & Insurance Practice Section, and the Construction Litigation Committee of the Litigation Section of the American Bar Association, as well as several other organizations. He regularly serves as a case evaluator in commercial cases for the Macomb County Circuit Court Mediation Tribunals, is a former member of the Construction Arbitration Panel of the American Arbitration Association and frequently writes and lectures on surety and construction issues.He graduated cum laude from the University of Michigan in 1971 with a B.A. in Economics and cum laude in 1974 from Wayne State University Law School.

Bruce King

Shareholder, Carlton Fields

Bruce King practices in the areas of commercial litigation and specializes in construction and surety cases. He has extensive experience representing owners, contractors, design professionals, insurers, and sureties on complex construction projects. Bruce is board certified in Construction Law by The Florida Bar, a former vice chair of the Fidelity and Surety Law Committee of the ABA, and a former chair of the Miami-Dade County Construction Law Committee.

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