Turning Information Into Answers
Sage subscriptions can be expanded to include additional library content as described below: International Risk Management Institute, Inc. (IRMI), is a publisher of risk management and insurance reference manuals, books, and newsletters. These references provide practical information to help underwriters, agents, brokers, attorneys, adjusters, and insurance buyers interpret insurance policies and arrange comprehensive risk management programs. IRMI publications currently available on SilverPlume are:
101 Ways to Cut Business Insurance Costs
This "how to" guide provides cost-cutting strategies for every major line of coverage. It is even organized by line of coverage to help you find information easily. 101 Ways is designed to help insurance buyers, and their agents and brokers do a better and quicker job of auditing their insurance programs to reduce insurance costs without giving up necessary protection — a gold mine of 101 tried-and-true strategies! By William S. McIntyre and Jack P. Gibson.
The Additional Insured Book
Relying on the advice provided in The Additional Insured Book, many risk managers and underwriters completely changed their approaches to requiring or granting additional insured status. This book will take your knowledge of this complex topic to a new level. It analyzes the standard policy forms and endorsements used to provide additional insured status as well as nearly 300 legal decisions interpreting them. The authors offer many conclusions and recommendations based on their research and experience. By Donald S. Malecki, Pete Ligeros, and Jack P. Gibson.
Blueprint for Workers Comp Cost Containment
Whether you are seeking to overhaul your own workers compensation program or help a client fine-tune an already effective program, Blueprint for Workers Comp Cost Containment gives you insight and solutions for controlling or even reducing workers compensation costs and premiums. Drawing upon his 20 years of safety and claims management experience, author Martin F. McGavin gives practical, real-world advice that risk managers, HR managers, insurance buyers, insurance producers, and consultants can put to immediate use. By Martin F. McGavin.
Captives and the Management of Risk (2nd ed.)
This 228-page book breaks down the complex topic of captives, revealing the types of risk that can be handled by captives, why captives can be effective as a risk management tool, tax and accounting considerations, how to determine if a captive is feasible, how to choose a domicile, and how to manage and operate a captive.
Captive Insurance Company Reports (CICR)
Provides comprehensive reports and comparisons of new and existing captive domiciles and on reinsurance and fronting conditions and their effects on captives. You will also receive summaries of the proceedings from many conferences, assessments of the latest tax legislation, and the results of recent court cases. CICR's annual review issue, "Captive Scene Today," provides a definitive summary of the growth and the latest trends in this sector of the ART market. Some examples of recent topics:
- Captives as Direct Writers
- Self-Management: Who Does It and Why?
- Employee Benefit and Life Insurers' Role in the Alternative Market
- Employee Benefits in Captives
- The UPS Tax Case, Japanese Captives
- Latin American Captives
- Vermont: Branches, Sponsored Captives
- Captives in Disaster Scenarios
Captive Practices and Procedures - How to Structure and Operate a Successful Captive Insurance Program
Author Kathryn Westover has set up and managed more than 50 successful captives during her 20-plus years of experience. This book will help you understand the accepted practices and procedures that support a captive’s ability to achieve its mission and purpose. Learn what it takes to establish a successful captive insurance company—one that sets the standard and withstands the test of time!
Learn How To Make Sure Your Captive is Built to Last
- Use the components of a feasibility study to develop the strategic business plan
- Read and understand a captive’s financial reports
- Establish a captive management team that actively drives the achievement of the captive’s strategic goals
- Develop a procedures manual that will actually be used
- Turn “regulatory compliance” from a negative into a positive
- Use performance analyses to reinforce stakeholder satisfaction
CGL Reporter also includes Canadian Coverage Caselaw for Sage customers
Twelve prominent coverage litigation experts summarize the most important recent cases, from the appellate level or higher, in their respective areas of expertise. Whether the litigation focuses on additional insured or intellectual property issues, you have the insight of the nation's best coverage attorneys at your fingertips. These members of the ABA's Tort Trial & Insurance Practice Section (TIPS) not only summarize the cases but discuss the coverage implications as well. Published twice a year, CGL Reportersummarizes at least 200 leading-edge cases a year.
Online subscriptions include all volumes since 1991, and Canadian Coverage Caselaw. Written by experienced, practicing Canadian coverage attorneys, Canadian Coverage Caselaw is the source for important Canadian insurance coverage court decisions. Complete with articles relating to the Canadian legal system and other relevant issues, this publication will help you keep up with what's new and important in Canada.
Classification Cross-Reference
The 13th Edition of the Classification Cross-Reference includes 12 separate cross reference tables: two alphabetical and ten numerical. The classification codes shown in the tables include CGL, NAICS, NCCI, SIC, and the states whose workers comp codes differ significantly from NCCI - California, Delaware, Michigan, New Jersey, New York, Pennsylvania, and Texas. And these codes are presented in a streamlined format that makes it easy to find the exact codes you need! This handy guide will save you and your staff an enormous amount of time and effort when corresponding classification codes are needed.
Commercial Auto Insurance
Commercial Auto Insurance is your one-stop reference on state auto insurance laws and regulations as well as business auto, garage, truckers, and motor carrier insurance. The subscription comes with samples of all the ISO countrywide business auto, garage, truckers, and motor carrier forms (current editions and some past editions).
Commercial Liability Insurance
Commercial Liability Insurance is the most detailed reference available on commercial general liability, owners & contractors protective liability, liquor liability, products completed operations liability, railroad protective liability, pollution liability, and umbrella liability insurance. The subscription comes with samples of all the ISO countrywide CGL and employment practices forms (current editions and some past editions) and a selection of AAIS forms.
Commercial Property Insurance
This unique manual helps agents/brokers, underwriters, adjusters, and risk managers work with all lines of commercial property, inland marine, and crime insurance. It provides line-by-line interpretations of the most commonly used ISO commercial property, crime, and boiler and machinery forms, and it also gives practical advice for using nonstandard and manuscript forms. Included are detailed discussions of difference-in-conditions (DIC), BOP, builders risk, flood, earthquake, jewelers bock, fine arts, EDP, financial institution bonds, and practically any other type of property insurance for a commercial account. You won’t find more complete, detailed, or authoritative information on property and related lines of insurance from any other source.
Construction Risk Management
The most detailed work ever done on the subject of construction insurance, bonding, and risk management. This reference provides you with a better understanding of construction loss exposures and application coverages, enables you to provide practical feedback on contract insurance and indemnity requirements/provisions, helps you control insurance costs and properly structure a more comprehensive risk management and insurance program, focuses on unique coverage problems and risk management needs, compares the provisions of contractors pollution liability (CPL) policies, and provides a state-by-state analysis of laws governing hold-harmless provisions in contracts.
Contractual Risk Transfer
A practitioner's reference for structuring and advising on contract indemnity and insurance clauses. Agents and brokers will use it to advise their clients on whether or not to accept contract provisions being imposed on them. Underwriters will use it to analyze their exposure under additional insured endorsements and contractual liability insurance. It will help risk managers and lawyers draft effective insurance requirements and indemnity provisions.
Design-Build Risk and Insurance
To help you deal with the challenges associated with design-build construction, Design-Build Risk and Insurance provides a focused briefing on design-build construction and its risks, indemnity provisions and insurance requirements in design-build contracts, design-build claims case law, application of coverage under traditional policies and professional liability insurance. Because of the multiple facets of risk related to design-build, it is important to enlist the most knowledgeable practitioners in the industry, and we did so. Design-Build Risk and Insurance offers you the expertise and insights of thirteen construction, insurance and legal professionals in one handy, well-organized guide. Edited by Ann R. Hickman.
D&O MAPS
D&O MAPS stands for Market Information, Analysis of Policies, and Policy Service - a comprehensive view of available directors and officers liability (D&O) policies by company and category. It guides you to what is available, what is negotiable, and helps meet your obligation to secure the best possible protection to those you serve. It is the most authoritative service, providing information on a company-by-company basis. It has four major sections.
- Typical Policies - It provides the typical provisions of D&O policies. This has several sections, dealing with: Application Forms (4 groups), Declarations Page, Coverage Agreements, Claim Provisions, Coverage Limitations, Exclusions, Definitions, Other Conditions, and Excess Policies.
- Guide to Markets - It lists, by category, all of the insurers offering coverage in particular categories, such as primary general D&O, nonprofit organizations, private companies, etc.
- Company Information - It contains specific information for each insurer to help you compare policies. This insurer information is divided into three categories.
- Category 1 - Detailed information about the market. This information includes the types of policies offered, the names of principal contacts, addresses, telephone and fax numbers, historical information and present capacity, how the market accepts new business, its account preferences as well as what accounts it will not entertain, and the availability of coverage extensions such as entity coverage, fiduciary liability coverage, employment practices liability coverage, etc.
- Category 2 - An impartial and unbiased analysis of the major policy forms for the insurer in question, identifying the positive features of the policy, the negative features, other features worthy of note, and a list of the items that appear to be negotiable.
- Category 3 - Copy of the declarations pages, policy forms, and some significant endorsements.
- D&O Commentary - It provides articles by legal and insurance experts on important directors and officers liability issues, events, and trends. For example the uncertainties regarding how coverage applies in bankruptcy situations, such as with ENRON, is the subject of the first article in the D&O Commentary section. These articles will keep you on the leading edge of D&O liability exposures as well as the insurance coverage issues.
Employment Practices Liability Consultant
In recent years, risk managers have identified employment practices liability as one of their most pressing risk management concerns. It is a complex and multidisciplinary exposure that requires comprehensive risk management solutions. Because it addresses the legal, regulatory, human resources, and insurance issues in one easy-to-read periodical, the quarterly Employment Practices Liability Consultant (EPLiC) provides the tools you need to develop leading-edge risk management and insurance solutions for these daunting loss exposures. EPLiC is your quarterly guide to risk control, insurance coverage, and defense strategies prepared by industry experts. Includes access to fully searchable archive of all past issues, indexed by topic.
Exposure Survey Questionnaire
Identifying risks is the most important step in risk management, and a crucial area of responsibility for the insurance buyer, agent, broker, or consultant. Exposure Survey Questionnaire contains more than 500 key questions in a step-by-step format to help you thoroughly identify major risks for any organization through interviews with management and operating personnel. It is designed to be both comprehensive and user-friendly. By the staff of IRMI.
Glossary of Insurance & Risk Management Terms
Quick definitions of over 1,400 key commercial property and casualty and life and health terms.
Guidelines for Insurance Specifications
IRMI's 4th Edition contains model specifications for 24 commonly purchased types of commercial lines insurance — you also receive a link to electronic Word files for this publication. This allows risk managers, agents, brokers, and consultants to prepare comprehensive and effective insurance specifications by customizing the model specifications on a word processor. Guidelines for Insurance Specifications allows users to quickly create a set of specifications tailored to fit the needs of virtually any organization when bidding commercial property and liability insurance programs. This 376-page guide explains how to properly bid insurance programs — clearly communicating the insured's coverage requirements. Guidelines for Insurance Specifications is the tool you need to develop comprehensive specifications in a professional, easy-to-use-and-follow format.
Insurance Cancellation Guide
This useful guide from IRMI charts out state laws pertaining to an insurer’s intent to cancel, non-renew, or even increase premiums or restrict coverage on renewal of an insurance policy. It provides user-friendly summary charts by line of coverage and more detailed summaries by state for commercial auto, commercial general liability, commercial property, workers compensation, homeowners, and personal auto insurance. Two unique and very helpful features of the new guide are links to the actual statutes on the Web and indication of the form number of the policy endorsement that must be attached to comply with each state’s law (which links to the form itself).
Insurance Checklists
It is more important than ever that agents and brokers provide value-added services and proper documentation to their clients to ensure their insurance programs are well structured. Development and use of standards, such as insurance checklists, is one way to achieve these goals. The new, 2006 edition of Insurance Checklists has been assembled by IRMI to assist insurance buyers, risk managers, agents, consultants, and brokers in developing insurance programs to respond to the unique loss exposures of any business or client. Structured with three main divisions: property, liability, and personal lines, the manual contains detailed coverage checklists for 58 common commercial and personal lines types.
Insurance for Defective Construction (2nd ed.)
Commercial General Liability (“CGL”) insurance claims involving defective workmanship are complex and expensive. They involve a complex scheme of coverage, from the insuring agreement, through the definitions, particularly “occurrence” and “property damage,” and finally the “business risk” exclusions. This book saves you time and money because the author has analyzed the latest legal trends, approaches and theories in this area. The author, a practicing attorney, includes an explanation of the drafting history behind the provisions governing the CGL policy’s coverage for construction defect claims and carefully analyzes and comments on the cases that have interpreted them. Use this book to give you a leg up on coverage for defective construction and don’t leave money on the table.
The MCS-90 Book - Truckers versus Insurers and the Government Makes Three
The MCS-90 endorsement is a highly misunderstood and increasingly often litigated one-page endorsement required by the Motor Carrier Act of 1980 to be attached to insurance policies covering auto liability exposures of certain types of businesses. Its purpose is to certify that the insured maintains a minimum level of financial responsibility for compensating others involved in truck-related accidents that result in bodily injury, property damage, or environmental damage. The most obvious category of businesses for which this endorsement applies is truckers of all types. Additionally, however, it is often necessary for other types of businesses that transport or deliver their products or services using their own fleets of vehicles (i.e., private carriers).
This new IRMI book will open your eyes to the many potential pitfalls, coverage traps, underwriting concerns, and claims issues lying under the surface of this seemingly innocuous endorsement. If you buy insurance for, sell insurance to, or underwrite insurance on commercial vehicles, you should read this book to stay out of hot water. Adjusters and attorneys working with trucking and environmental claims will also benefit greatly from it.
This book was developed as a research project of the Consulting, Legal and Expert Witness (CLEW) Section of the CPCU Society. The following are the members of the research team: Gregory G. Deimling, CPCU, ARM, AMIM; George M. Gottheimer JR., Ph.D., CPCU, CLU, ARe; Lynn S. Redmile; and Donald S. Malecki, CPCU. 239 pp., August 2004.
Personal Risk Management and Insurance
Your source of answers and competitive strategies for homeowners and personal auto insurance. This practitioner's reference annotates the latest policies and all of the countrywide endorsements. Real-life claims and loss examples are used throughout to help you fully understand coverage intent and loss ramifications. You'll know how to tailor better coverage for your clients and when to negotiate claims. Also, an excellent training tool!
Pollution Coverage Issues
Pollution Coverage Issues will save you untold hours scouring treatises, law review articles, and case law to determine the coverage issues relevant to your pollution coverage question or dispute. This powerful reference gives you every published state and federal appellate court decision forming the current judicial interpretation of commonly litigated issues involving general liability coverage of pollution claims.
Practical Risk Management (PRM)
Practical Risk Management (PRM) has been a primary resource for risk managers and insurance professionals since 1974. It covers all topics of concern such as Cost of Risk, Risk Retention, Recovering from a Property Loss and Risk Management Information Systems. With a wide variety of references, you can quickly find answers for risk management or insurance questions. PRM is the one resource that is essential for all who deal with risk, because:
- It covers what you need to know in an action-oriented, concise, and direct manner. (That's why it is used in over 30 countries, by most of the Fortune 1000 companies and all leading insurance brokers, and has been voted the most useful reference at many RIMS conference sessions. A Pittsburgh RIMS chapter ranked it by a wide margin as the “most useful” manual).
- It is written by experienced consultants using hundreds of advisors, and is carefully edited to make it easy to read and understand
- It is updated continuously, with obsolete material discarded.
- Risk management administration
- Considering risk financing options
- Loss prevention and claims management
- Understanding insurance policy provisions
- Allocating costs
- Working with brokers and direct writers
- Litigation management
- Presentation and training aid
- To inform management on risk management issues
- To back up requests or recommendations to management or clients
Professional Liability Insurance
Professional Liability Insurance provides insight into the exposures and needed coverages that most people miss. With its market directory, easy-to-read policy analyses, and policy comparisons, you will be able to quickly scan available markets, determine which policies are best, and work as a team (agent/underwriter/risk manager) at designing the broadest coverage for a given firm. Professional Liability Insurance gives you the power to write more coverage (if you are a producer), respond to your top producers’ needs (if you are an underwriter), and protect your corporate officers and staff professionals (if you are a risk manager). This reference is so complete, its information is used in the textbooks for the Registered Professional Liability Underwriter (RPLU) curriculum sponsored by the Professional Liability Underwriting Society (PLUS)!
Risk Financing
Your complete source of guidelines and strategies for retrospective rating, experience rating, large deductibles, paid loss retros, compensating balance plans, pooling, self-insurance, captives, and all other major risk funding plans. It will help you reduce workers compensation costs, perform feasibility studies, write insurance proposals, understand tax aspects of alternative plans, prepare RFPs, and forecast future losses so you can make apples-to-apples comparisons of your options.
The Risk Report
Effective risk management programs require proper application of fundamental practices and programs as well as the implementation of innovative responses to changing loss exposures, technologies, and insurance markets. For more than 20 years, the monthly The Risk Report has been helping risk and insurance professionals in both of these areas with analysis and interpretation of the latest innovations in insurance coverage and discussions of risk management best practices.
A subscription to The Risk Report brings you an in-depth and well-written report on an important risk management or commercial lines insurance topic each month. The president of IRMI is the managing editor. He identifies the important topics to treat, hand-picks leading industry experts to write definitive articles on these topics, and then works with each author to assure that he or she clearly communicates the information you need. Includes access to more than 225 reports, indexed by topic.
The Wrap-Up Guide (4th edition)
Provides a basic understanding of controlled insurance programs (CIPs), commonly referred to as wrap-ups. It discusses feasibility, contracts, insurance program design, administration and safety management issues from the perspective of sponsors and participating contractors. This "how to" book provides a general guide to the implementation of wrap-ups and tools that may be useful to someone who must evaluate or administer a wrap-up program.
Workers Comp - Coverage, Laws & Cost Containment
A brand new reference that summarizes each state's workers compensation law, addresses federal regulations, provides regulatory guidelines, recommends proven cost containment strategies, and outlines ways of improving coverage. Includes a "How To" section for arranging coverage in monopolistic states and assigned risk plans. Also provides annotated policy and discussion of endorsements for WC and Employers Liability plus information on employee leasing.
Privacy Policy - Legal Notices