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Describes and analyzes ocean marine insurance loss exposures and policies. Explains which underwriting and loss control practices are most appropriate.
Examines the concept of risk and explains how to evaluate and manage it. Provides risk financing alternatives. Investigates the fundamental assumptions underlying insurance. Describes the insurance contract.
Textbook for students of insurance that examines commercial property loss exposures and risk control methods.
From its first edition in 1985, this book has been one of the most consistently and widely used reference sources on general (public) liability issues. The comprehensive, easy to use guide follows the development of the commercial general liability from 1973 through the current form edition. (Accompanying online supplement includes revisions made in the 2007 CGL form.) The book also features summaries of the major insurance policy endorsements, as well as a how-to guide on tailoring a policy to meet clients' needs. Includes reproductions of standard general liability policy forms from 1973 through 2007 so that easy comparisons can be made. The authors provide historical context for the changes in the forms, as well as case law support for their analysis of the forms. Discussions cover both occurrence based and claims-made formats.