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Surety

Exoneration Based on Fraud in the Inducement as a Surety Defense

Marilyn Klinger | August 1, 2002

With new business scandals unfolding daily, improper business conduct is currently in the spotlight. Here, Marilyn Klinger considers a surety's exoneration defense based on fraud or material misrepresentation in the inducement._x000D_

Captives

Choosing the Right Captive Domicile

Michael R. Mead | August 1, 2002

In this article, Michael Mead discusses captive domiciles, their importance and what factors to consider when selecting one.

Equipment Theft Prevention

Heavy Equipment Theft and Solutions—Part 2

David Shillingford | August 1, 2002

This second of four articles by David Shillingford on heavy equipment theft deals with physical measures that can be taken to protect equipment.

Time Element

The Shackleton Approach: Effective Leadership throughout the Claims Process

Daniel Torpey | August 1, 2002

Daniel Torpey relates leadership lessons from a historical figure and an executive facing disaster in discussing the complexities of large insurance claims and the importance of good leadership to effect smooth settlement.

Liability Insurance

Duty To Defend in the CGL Policy

Craig Stanovich | August 1, 2002

Craig Stanovich explains in a clear, concise, and understandable way how the duty to defend provision works in the CGL policy.

Surety

Protecting the Balance Sheet

Rolf Neuschaefer | July 1, 2002

An uninsured loss drains cash, the lifeblood of any business, and erodes net worth. Rolf Neuschaefer explains what surety underwriters are looking for from their principals in the current market.

Environmental

A Mold Prevention Program

Jeff Slivka | July 1, 2002

Mold has become such a nightmare for owners, contractors, suppliers, everyone, that if you haven't developed a prevention program, you probably will. Jeff Slivka provides a brief outline of what a mold prevention program may look like.

Additional Insured Issues

Is Additional Insured Coverage Becoming Just an Illusion?

Joseph Postel | July 1, 2002

Joe Postel looks at the recent Illinois Appellate Court decision, National Union v R. Olson Constr., and at the judicial confusion over additional insured endorsements that exclude the additional insured's own negligence.

Design and Professional Liability

The Design Professional's Statute of Repose: Stumbling Blocks to the Defense of Torts and Contractual Indemnity Claims

Kenneth A Slavens | July 1, 2002

Ken Slavens examines the case of Jordan v. Sandwell, Inc. , highlighting the problems that design professionals may encounter when the statute of repose is raised as a defense.

Political Risk

Political Risk Insurance in Asia: Who Purchases It, Where, and Why

Daniel Wagner | July 1, 2002

In Asia, political risk insurance (PRI) purchases are primarily driven by banks' lending requirements, which are influenced by their internal risk management and credit policies. While investors also consider PRI, it is often in response to specific political events, with banks playing a key role in determining the need for coverage. Daniel Wagner discusses.

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