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Builders Risk: Separation of Insureds Clause—Most builders risk policies do not address this issue. Steve Coombs says industry action is needed.

Insuring Residences Owned by a Trust, LLC, or Other Entity—Tim O'Brien provides guidance on the issues to consider to cover all parties with an insurable interest in an entity-owned residential property.

Attorney Fee Award Approved Based on AAA Rules—This case has unwieldy implications for contracts where attorney fees were not intended. Ken Slavens explains.

Trends in Energy Insurance—Falling Oil Prices—Jeff Balcombe looks at the effect of declining oil prices on the energy insurance industry and the value of such insurers.

First-Party Insurance and Anti-Technicality Statutes—In property claims involving conditions or warranties, Brent Cooper recommends looking at anti-technicality statutes.

Guidance for Cyberincident Response Plans—Melissa Krasnow provides a checklist developed from state and federal sources.

Captive Agent Must Use Ordinary Care—Whether independent or captive, insurance agents owe a duty not cause harm. Barry Zalma discusses a related case.

New Products, Services, and Events

  • Upcoming Webinar, "Cyber & Privacy Insurance Coverage: Beyond the Basics" to occur on May 14, 2015 at 12 noon CST. Register here.

  • 2015 IRMI Emmett J Vaughan Agribusiness Conference Attracts More Than 450 Risk and Insurance Professionals. Read press release.

  • Nearly 500 Attend 3rd IRMI Energy Risk & Insurance Conference. Read press release.

  • Registration is Now Open for the 2015 IRMI Emmett J Vaughan Agribusiness Conference in Indianapolis, Indiana. Read press release.

  • WebCE Promotes Jennifer Haworth to President. Read press release.

Current Issue of IRMI Update

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IRMI Update 338 check out the new Captive Thought Leader Videos on Captive.com. In addition, see the latest risk tip advising readers of the importance of reading your insurance policies.

IRMI Insights

50 Reinsurance Cases Every Risk Professional Should Know

This new, free 130+-page book summarizes, arguably, the 50 most influential U.S. reinsurance coverage cases of all time, as determined by top reinsurance coverage attorneys. Written by Larry Schiffer and his team at Squire Patton Boggs, this book provides an analysis of the cases and the implications of these cases on important reinsurance coverage issues. Download 50 Reinsurance Cases Every Risk Professional Should Know.