Expert Commentary

Time Element

Measuring Business Interruption Exposure: "Business Interruption Values" and "Maximum Probable Loss"

Christopher Brophy | October 1, 2012

While tedious, determining business interruption values and maximum probable loss is crucial, explains Christopher Brophy.

Construction Safety

Correction Conversations Can Improve Construction Safety

TJ Lyons | September 14, 2012

Safety inspectors need to do more than show problem areas, per TJ Lyons, they also need worker buy-in.

Political Risk

Economic Nationalism's Impact on International Business

Daniel Wagner | September 1, 2012

Natural resource-rich nations can lash out at foreign investors. Daniel Wagner explains why international investors need to be wary.

Reinsurance

Underwriting and Claims Clauses in Reinsurance Agreements

Larry Schiffer | September 1, 2012

Reinsurers often want certain understandings put in writing about how the ceding insurer underwrite and handle claims. Larry Schiffer provides examples.

Insurance as a Commodity? Addressing Our Industry's Biggest Challenge

Timothy O'Brien | August 17, 2012

Tim O'Brien explains why we need to help consumers examine the actual worth of the coverage being offered.

Construction Safety

Innovations in Construction Safety—Error-Proofing

Peter Furst | August 1, 2012

While construction safety has traditionally focused primarily on the worker, Peter Furst says attention should be on the process.

Personal Lines Claims

Claims: There's an App for That, or Is There?

Elise Farnham | July 7, 2012

Elise Farnham develops ideas for mobile phone applications for insurance claims adjusters.

Builders Risk Insurance

Builders Risk Insurance: When Coverage Interpretation Relies on Nonpolicy Documents

Steven Coombs | July 1, 2012

In claims situations, Steven Coombs says it can be necessary to look outside the policy to determine coverage.

Captives

Captives and Life Insurance

Michael R. Mead | July 1, 2012

Yes, captives are used to provide life insurance, says Michael Mead. He explains how.

Time Element

Burden of Proof in Business Interruption Claims

Michael Speer | July 1, 2012

Michael Speer points out the importance of objective, verifiable, and evidentiary support of the claim.(IRMI.com article)