While the energy industry has most of the same exposures as all industries, it also faces some unique exposures. This course will examine each of the three coverage parts of the commercial general liability (CGL) policy with a focus on the insuring agreements, key policy provisions and conditions, and exclusions. It will then review the various endorsements that can be attached to the policy to broaden or restrict the scope of coverage or otherwise alter the basic policy terms and conditions. The course concludes with a brief discussion of umbrella liability insurance for energy industry companies.

Upon completion, students will be able to:

• identify the major categories of insurable liability risk faced by energy industry companies and explain how each is covered by the standard CGL policy; 
• identify examples of (1) “bodily injury” and (2) “property damage” and differentiate “bodily injury” from “personal injury”;
• identify the scope of the CGL exclusions, such as contractual liability, pollution, professional services, and underground resources and equipment, and explain when they do and do not apply to claims;
• recognize the significance of “insured” status to the availability of coverage under a standard CGL policy and differentiate between a named insured, an automatic insured, and an additional insured under the standard CGL policy