Expert Commentary

Political Risk

The Impact of Political Change and How To Protect Your Business against It

Daniel Wagner | April 1, 2000

Daniel Wagner explains that political risk insurance cannot be a panacea for every conceivable political risk that can confront an international trader or investor, but it can help.

Healthcare Professional Liability Insurance

Long-Term Health Care Professional Liability ... Where Are We Now?

Bonnie Boone | March 31, 2000

Bonnie Boone looks at the current professional liability market for long-term health care, including events leading up to this stage and causes of the problems with this coverage line. In addition, advice is offered for insurers and risk managers interested in this class of business.

Insurance—A CFO's Perspective

Gary Bausom | March 1, 2000

In his Insurance Rx column, Gary Bausom explains what insurance is, why it's important, and what company CFOs need to keep in mind when it comes to their insurance and risk management programs.

Liability Insurance

When Negligent Conduct Does Not Constitute an Accident

Jill B Berkeley | March 1, 2000

Jill Berkeley looks at how courts have answered the question of when does negligent conduct constitute an accident, and when does it not.

Insurance Archaeology

Insurance Archaeology: A Strategic Imperative for Policyholders and Insurers

Sheila Mulrennan | March 1, 2000

Sheila Mulrennan explains that even though it has become increasingly difficult for policyholders, insurers, and reinsurers to reconstruct their pre-paid historic insurance assets, it is more important now than ever.

Risk and Insurance History

How Umbrella Policies Started Part 1: Early Liability Coverage

Jim Robertson | March 1, 2000

Jim Robertson examines the origins of liability insurance, early policy limits, the first excess liability market, excess of loss reinsurance, direct U.S. placements at Lloyd's, excess coverage developments, and the emergence of self-insurance.

Property Insurance

Commercial Property Claims Handling: the Roles of the Claims Specialists

Linda Robinson | March 1, 2000

Discover how claims specialists play a pivotal role in commercial property claims handling and the unique services they provide to insurers and insureds.

Liability Insurance

Additionally Insured or Held Harmful?

Richard Rudolph | March 1, 2000

Use of the additional insured and the hold harmless clause approach without some other modifications to the CGL policy can result in a risk being ineffectively transferred or not transferred at all, contrary to the expectations of the parties. Richard Rudolph explains.

Environmental

Hidden Environmental Exposures of the Construction Industry

Jeff Slivka | March 1, 2000

Jeff Slivka explains that contractors must open their eyes and realize that there are environmental exposures in their day-to-day operations. You don't have to be an environmental contractor to have an environmental exposure!

Property Insurance

Closing the Gap in Florida Windstorm Coverage

Douglas Berry | March 1, 2000

A number of all-risk insurers have used their wind and hail exclusions to deny claims for interior water damage where there was no apparent opening caused by damage to the walls or roof. Doug Berry examines this coverage gap and efforts by the Florida Department of Insurance to close it.