Expert Commentary

Professional, D and O, and Fiduciary Liability

Key Coverage Options under Employment Practices Liability Policies

Robert Bregman | March 1, 2000

Bob Bregman provides the six key options that any purchaser of employment practices liability insurance (EPLI) policies should consider before buying coverage.

Liability Insurance

When Negligent Conduct Does Not Constitute an Accident

Jill 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.

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.

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.

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.

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.

Construction Defect Coverage

The Changing Landscape of Coverage Disputes over Defective Work Claims

Patrick Wielinski | March 1, 2000

Patrick Wielinski reviews the move away from using the traditional property damage exclusions as a basis to deny coverage for defective work claims to using the definitions of "occurrence" and "property damage," together with the insuring agreement.

Reinsurance

Reinsurance Matters

Larry Schiffer | March 1, 2000

The quality of the reinsurance security purchased by the direct insurer is what helps to ensure that losses will be paid. Larry Schiffer looks at the reinsurance function, relationship, claims services, and fronting arrangements.

Political Risk

Russia in 2000: the Implications of Political Change in the New Millennium

Daniel Wagner | March 1, 2000

The implications of political change in Russia in the coming decade are profound, and the stakes are high. Daniel Wagner examines the political climate in Russia as a new president takes power.