IRMI Update—Issue #92

An E-mail Newsletter for Risk and Insurance Professionals
ISSN: 1530-7948
July 13, 2004

In This Issue

Message from the Editor

Colleague,

One of our most important activities each year is the IRMI Construction Risk Conference. We're proud that it has become the premier gathering place for construction risk and insurance professionals and look forward to seeing all our friends in Orlando in November.

At this point, the agenda is set and the speakers are committed. We'll be hitting all the hot topics—such as the new additional insured endorsements, construction defect, contractor default insurance, OCIPs and CCIPs, workers comp challenges—from every angle. With around 1,200 of the industry's best and brightest in attendance, participation also provides an incredible networking opportunity. I hope you are planning to join us.

You can access the agenda and speaker biographies (and register) on this Web page.

Of course, we also still have room in our Tech-eRisk 2004 seminars, which will be held next month in Las Vegas, Chicago, and Boston. This will be an intensive learning session on how to properly manage and insure the technology risks that every modern business faces. For more information check out the seminars section of IRMI.com.

Thank you for subscribing to IRMI Update. I hope to see you at one of our seminars or the Construction Risk Conference.

All the best,

Jack

Jack P. Gibson
President
IRMI

New Expert Commentary

There are now 556 risk management and insurance articles on IRMI.com. Below you'll find summaries of some recent additions with links to the articles.

  • Insurer Insolvency and Reinsurance—What happens to the reinsurance covering insurance policies when the insurer goes insolvent? Larry Schiffer discusses the issues, including recent case law.
  • How the Limits Apply in the CGL—All insurance professionals need to understand how the limits of liability apply in the commercial general liability policy. Craig Stanovich explains and illustrates.

What's New In IRMI Online

We have recently updated IRMI Online to include the latest issues of our newsletters, The Risk Report, Captive Insurance Company Reports, and Financing Risk & Reinsurance, as well as supplements to a number of the reference manuals. Please use this link to go directly to a summary of the new issues and information with direct links into the publications.

Executive Panel To Address Hot Topics at IRMI Conference

On Monday, November 8, 2004, a panel of construction and insurance professionals representing the risk management, underwriting, claims, and brokerage disciplines will discuss some key issues affecting the current construction insurance marketplace at the 24th IRMI Construction Risk Conference in Orlando. Current and controversial issues will be discussed, such as EIFS, additional insured coverage, insurer solvency, market consolidation, wrap-ups, bonding capacity, claims management, and material price escalation risks. Panelists include Mark Reagan of Willis Construction, Terry Cavanaugh of Chubb Surety, David O'Haren of Holder Construction, Terry D. Gray of Zurich, and Gale Nordling of Aon Claims Division. IRMI President Jack Gibson will act as moderator for the panel. Mark your calendar for November 8-11 and join us at the Orlando Caribe Royale Resort for the entire Conference. For more information and online registration, go to our conference web site.

How To Get Our Annual Insurance Market Report

Our annual analysis of the insurance market will be published in the September issue of The Risk Report. Sign up today, and you'll receive the market report around mid-September. Each monthly issue of The Risk Report tackles a single risk management issue or problem in sufficient detail (8-12 pages) to give you useful insights and solutions that you can put to work. Upcoming issues will deal with terrorism risk and selecting national coordinating counsel D&O. Check out this Web page for more information.

How To Subscribe or Unsubscribe

A subscription to IRMI Update is absolutely free. Use the e-mail registration form to initiate or terminate your subscription.