Expert Commentary

Latest Articles

Construction Liability Insurance

Are All EIFS Contractors Created Equal?

2024-08-16 | Ann Hickman

Exterior insulation and finish systems (EIFS) remain a contentious issue, and there is an ongoing debate in the industry whether EIFS liability exposures can be underwritten or should simply remain excluded. IRMI Vice President Ann Hickman provides some insights into how an underwriter or an insurance representative may evaluate the risks faced by a contractor from EIFS.

Construction Liability Insurance

Construction Defect Trend Produces Coverage-Restricting Endorsements

2024-08-16 | Ann Hickman

Insurers are making significant changes to their policies in response to rising construction defect claims. IRMI Vice President Ann Hickman takes a look at these changes, including those affecting known loss, exterior insulation and finish systems, mold, earth movement, residential construction, additional insureds, and others.

Construction Law

Understanding "Account Stated" for Finances and Payment Procedures

2024-08-09 | Robert J Miletsky

Robert Miletsky looks at this legal theory and explains how it can help or hurt your company in its daily construction operations.

Design and Professional Liability

Ambiguity Does Not Doom a Limitation of Liability Clause

2024-08-09 | Kenneth A Slavens

The limitation of liability clause is not subject to the same strict review as an exculpatory clause. Ken Slavens relates the case and lessons learned.

Underwriting and Rating

Don't Risk Misclassifying Risks

2024-08-06

Victor Insurance explains how to unlock the secrets to avoiding costly mistakes and providing accurate insurance quotes.

Subcontractor Performance Risk

Creating an Innovative Culture in a Construction Company

2024-08-02 | Cheri Hanes

Building (and funding) the right team is one facet. Cheri Hanes explains the process and its rewards.

Commercial Property

Need To Know: Major Changes to the ISO Commercial Crime Program

2024-08-02 | Linda G Robinson

IRMI briefly reviews the 2022 editions of the forms and endorsements that changed. Subscribers to "Commercial Property Insurance" can read more detailed discussions at the links provided.