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Property Insurance

Utility Service Interruption: Another Aspect of Supply Chain Exposures

2013-04-01 | William K Austin

William Austin explains why supply chain risk management must include exposure analysis for interruption of all utilities.

Property Insurance

Builders Risk Insurance: Is It Always Necessary?

2012-11-01 | William K Austin

William Austin looks at the need for builders risk insurance.

Time Element

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

2012-10-01 | Christopher M Brophy

Determining business interruption values and maximum probably loss, while tedious, is crucial, explains Christopher Brophy.

Time Element

Burden of Proof in Business Interruption Claims

2012-07-01 | Michael Speer

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

Property Insurance

Does Mold Constitute a Direct Physical Loss under a Property Policy?

2012-06-01 | Jay M Levin

Under a property policy, mold has to cause tangible damage to be covered. Jay Levin warns that courts may interpret this narrowly.

Property Insurance

Additions and Extensions of Property Coverage: Not an Alternative to Exposure Identification

2012-03-01 | William K Austin

William Austin warns against relying on standard policy sections instead of identifying exposures.

Property Insurance

Equipment Breakdown—More Than Just Boiler and Machinery

2011-09-01 | William K Austin

Risk management professionals can overlook electric arcing and mechanical breakdown risks. William Austin explains the insurance coverage basics.

Time Element

Business Interruption Losses in Economic Downturn

2011-08-01 | Michael Speer

Develop a methodology and business interruption claim that is both reasonable and supportable (IRMI.com article)

Time Element

Supply Chain Exposures—What It Means to a Risk Manager

2011-05-01 | William K Austin

Risk managers don't have to experience an earthquake half a world away to suffer a business interruption loss William Austin explains.

Property Insurance

Insurance Fraud: Something Old and Something New on a Frequently Litigated Issue

2011-03-01 | Jay M Levin

There are limits to the situations in which fraud should be used as a defense, as shown in three recent cases discussed by Jay Levin.