What's New—February 2010

Three reference manual updates and new issues of The Risk Report, Captive Insurance Company Reports (CICR), and Employment Practices Liability Consultant (EPLiC) have been added to the IRMI infobases. We have also updated the home page and job function dashboards to facilitate navigation in the site.

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Newsletters & Journals

The February issue of The Risk Report, is on business continuity management (BCM), the overall program an organization puts in place to manage all operational risks stemming from catastrophic events (fires, terrorism, natural disasters, pandemics, etc.). Benchmarking, recent developments, standards, and coupling with enterprise risk management are discussed.

The February issue of Captive Insurance Company Reports begins with "2010 Prognostications on Captives," which provides comments and thoughts from 17 respected captive practitioners on the soft market, capital and surplus pressures, regulations, investments, collateral, claims, employee benefits and more. The second article reviews the recent World Captive Forum.

The winter issue of Employment Practices Liability Consultant (EPLiC) includes the following articles.

• "What Constitutes Retaliation? Recent Caselaw Developments"
• "The 1099 Time Bomb: Avoiding the Perils of Misclassifying Independent Contractors"
• "'Googling' Job Applicants: Benefits and Pitfalls"
• "'Up in the Air': A Case Study in Failure To Communicate with Employees"
• "Sample Social Media Policy"

Reference Manuals

Commercial Liability Insurance revises the discussion of the CGL contractual liability exclusion in section V.D to address the coverage issue related to liability falling outside the scope of the CGL insuring agreement and includes a court case illustrating the arguments for and against coverage. In addition, the discussion of owners and contractors protective liability (OCP) coverage (section VI.Q) is revised to reflect the most recent (2007) edition of that form and to include an analysis of additional endorsements developed for use with the OCP policy. Section XI.N has also been substantially revised to improve the discussion of umbrella "other insurance" issues.

D&O MAPS has been expanded to include the following policies and analyses.

• Freedom Specialty Directors, Officers and Entity Liability Policy
• Freedom Specialty Excess Policy
• Freedom Specialty A-Side Excess DIC Policy

Practical Risk Management updates one topic on risk management activities, two topics on risk financing, and one topic on insurers. Topic A-10 discusses how to develop good specifications, which is critical when exploring the market for alternatives, and provides a sample outline. Topic B-13 provides an updated discussion of public entity pooling. Topic B-15 gives an overview of important accounting concepts and how different risk financing strategies may be impacted. A discussion of reinsurance, a specialty form of insurance that is essentially insurance for the insurer, and its impact can be found in Topic C-8. Lastly, this issue of Risk Management Notes includes articles that provide information useful in assessing risks and strategic planning for risk management. "Marketplace Musings" reports on projections for the insurance market as 2010 kicks off.

Forms

This month, 53 forms and endorsements have been added to the Forms manuals. These include ISO state-specific personal auto forms, state-specific homeowners forms, and state-specific e-commerce forms. The Forms manuals now include more than 23,750 sample policy forms.