Expert Commentary

Maritime Law

OSHA Takes a Dip in the Sea

Michael Orlando | August 17, 2002

Mike Orlando discusses a recent Supreme Court ruling expanding OSHA's jurisdiction to uninspected drilling barges, which must now comply with both Coast Guard and the more stringent OSHA safety and health regulations.

The Importance of Contingent Business Interruption

Gary Bausom | August 1, 2002

Gary Bausom explains that underwriters can choose to ignore and exclude contingent business interruption, but it will be done with an opportunity cost in terms of premium income.

Writing Tips for Insurance Professionals

How To Organize Information

Gary Blake | August 1, 2002

Gary Blake provides writing tips for today's business professional, explaining how to properly organize information by writing with the reader in mind.

Construction Liability Insurance

Insuring Design-Build Risks

Ann Hickman | August 1, 2002

Taking on responsibility for design in addition to construction entails many new risks. This article examines the potential liabilities facing design-builders and how they can be handled. Also see IRMI's new book by the most knowledgeable practitioners in the industry, Design-Build Risk and Insurance, which offers you their insight in one handy, well-organized guide.

Design and Professional Liability

Insurance Coverage—Waivers of Subrogation

Kent Holland | August 1, 2002

In this article, Kent Holland discusses a Fourth Circuit case that demonstrates the importance of waivers of subrogation as part of the risk allocation strategy.

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.

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.

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.