Legal liability can be defined as an obligation, created by law, which creates a duty upon a person or entity to act or refrain from acting in a particular manner. Breach of that duty exposes the responsible party to financial loss if that breach results in injury or damage to another party.
This course addresses how to limit an organization's liability to third parties as a result of unintentional injury or property damage by using contractual “risk transfer.” Risk transfer, a widely used risk management tool, is triggered by indemnification and hold harmless agreements, and this course describes and clarifies the obligations and benefits they impose.
Business Owners, Executives, Risk Managers, and Insurance Professionals
TIME TO COMPLETE
To address the benefits and risks of indemnification and hold harmless agreements.
- Insurance Requirements
HR CERTIFICATION INSTITUTE
This program has been approved for 1.75 recertification credit hours toward PHR, SPHR, and GPHR recertification through the HR Certification Institute. For more information about certification or recertification, please visit the HR Certification Institute. (The use of this official seal confirms that this Activity has met HR Certification Institute’s® (HRCI®) criteria for recertification credit pre-approval.)
SOCIETY FOR HUMAN RESOURCE MANAGEMENT
The Human Equation is recognized by SHRM to offer Professional Development Credits (PDCs) for the SHRM-CPSM or SHRM-SCPSM. This program is valid for 1.75 PDCs for the SHRM-CP or SHRM-SCP. For more information about certification or recertification, please visit SHRM.
FLORIDA REGULATORY COUNCIL OF COMMUNITY ASSOCIATION MANAGERS (CAM)
This course (# 9626049) has been approved for 1.0 hours of continuing education credit in the areas of OPP or ELECTIVES, DISTANCE by the Regulatory Council of Community Association Managers of the Florida Department of Business and Professional Regulation. For more information about continuing education for Community Association Managers, visit the Regulatory Council's homepage.