Expert Commentary

Latest Articles

Property Insurance

Inflation and Its Impact on the Property Insurance Market

Kurt Huie | August 30, 2024

The market continues to show signs of normalization, with premium increases expected to return to pre-COVID-19 levels. Kurt Huie provides an update.

Catastrophe Risk Management

Public-Private Partnerships and Wildfire Recovery

John E Putnam | August 30, 2024

Collaborating on the insurance and noninsurance issues involved in the aftermath of a wildfire can help neighborhoods survive and endure. John Putnam explains.

Wrap-Up Programs

Insurance Requirement Exceptions

Tim Walsh | August 30, 2024

Tim Walsh explores who has the risk of waiving or altering the insurance requirements in owner-controlled insurance programs.

Construction Liability Insurance

Are All EIFS Contractors Created Equal?

Ann Hickman | August 16, 2024

Exterior insulation and finish systems (EIFS) remain a contentious issue, and there is an ongoing debate in the industry whether EIFS liability exposures can be underwritten or should simply remain excluded. IRMI Vice President Ann Hickman provides some insights into how an underwriter or an insurance representative may evaluate the risks faced by a contractor from EIFS.

Construction Liability Insurance

Construction Defect Trend Produces Coverage-Restricting Endorsements

Ann Hickman | August 16, 2024

Insurers are making significant changes to their policies in response to rising construction defect claims. IRMI Vice President Ann Hickman takes a look at these changes, including those affecting known loss, exterior insulation and finish systems, mold, earth movement, residential construction, additional insureds, and others.

Design and Professional Liability

Ambiguity Does Not Doom a Limitation of Liability Clause

Kenneth Slavens | August 9, 2024

The limitation of liability clause is not subject to the same strict review as an exculpatory clause. Ken Slavens relates the case and lessons learned.

Construction Law

Understanding "Account Stated" for Finances and Payment Procedures

Robert Miletsky | August 9, 2024

Robert Miletsky looks at this legal theory and explains how it can help or hurt your company in its daily construction operations.

Underwriting and Rating

Don't Risk Misclassifying Risks

August 6, 2024

Victor Insurance explains how to unlock the secrets to avoiding costly mistakes and providing accurate insurance quotes.

Commercial Property

Need To Know: Major Changes to the ISO Commercial Crime Program

Linda Robinson | August 2, 2024

IRMI briefly reviews the 2022 editions of the forms and endorsements that changed. Subscribers to Commercial Property Insurance can read more detailed discussions at the links provided.