What's New in Your IRMI Library
Tip of the Month Helps You Stay Current
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Insurance,
The discussion of the Insurance Services Office, Inc. (ISO), businessowners policy (BOP) has been revised in Commercial Property Insurance.
The 2013 edition of the businessowners coverage form is now available for use in a majority of states, replacing the 2010 edition. In addition, there are 56 revised businessowners endorsements and 15 new businessowners endorsements with 2013 edition dates. Many of the 2013 changes to the BOP and endorsements mirror recent changes to the monoline ISO commercial property and commercial general liability forms and endorsements.
The updated and expanded discussion in Commercial Property Insurance outlines, first, the eligibility rules for the BOP and, next, the key provisions of the three sections of the 2013 edition of the businessowners coverage form (property, liability, and common policy conditions). A comparison of the businessowners provisions in each section with their monoline form counterparts immediately follows each of the three policy section discussions. The most important differences between the provisions of the 2013 and 2010 editions of the form are noted briefly throughout the discussion. A summary of the changes to the 2013 edition also appears as an exhibit at the end of the discussion, under the "Summary of Major 2013 Changes" heading.
Additionally, each businessowners endorsement is discussed briefly, and an index of businessowners forms and endorsements is provided. If you subscribe to Commercial Property Insurance, don't forget to use this valuable information to ensure you are properly using the BOP program.
Best wishes for a happy and prosperous New Year. I hope to see you at the IRMI Energy Risk and Insurance Conference in March.
Sincerely,
Jack
Jack Gibson, CPCU, CRIS, ARM
President & CEO
International Risk Management Institute, Inc.
What's New in Your IRMI Library
Three reference manual updates and new issues of The Risk Report, Captive Insurance Company Reports (CICR), and Employment Practices Liability Consultant (EPLiC) have been added to the IRMI KnowledgeBases. New editions of the IRMI Insurance Checklists 2014 and Design-Build Risk and Insurance have been added. We have also updated the home page and job function dashboards to facilitate navigation in the site.
The new and updated topics are listed in the right column of this newsletter under New in IRMI Online, and links directly to the discussions are provided for your convenience.
For a more detailed narrative description of the new content, please go to What's New on IRMI Online.
IRMI Online User's Tip
Tip of the Month Helps You Stay Current
The IRMI Online Job Function Dashboards provide a number of useful shortcuts that will help you quickly find the information you need. Each month, our research analysts provide new tips specifically addressing a timely issue or question in each coverage line. These succinct tips provide valuable information and strategies, as well as links to more detailed information on the topic in IRMI Online. The Tip of the Month can be found in the right column of each Job Function Dashboard.
IRMI Educational Program News
Register Now for the Energy Risk and Insurance Conference To Beat the Fee Increase
Join more than 400 risk managers, insurance agents, brokers, attorneys, and underwriters who specialize in managing or insuring the risks associated with the oil and gas industry at the second IRMI Energy Risk and Insurance Conference. To be held in Houston on March 4-6, the Conference will bring you up to date on fracking and its risks, control of well coverage, risk transfer in master service agreements, and much more. The Conference registration fee increases on January 17, so check out the agenda and speaker list and register before then. Learn more or register here.
One-on-One Training for IRMI Online at No Cost
One of the many benefits you will receive as a subscriber to IRMI Online is a free, one-on-one training session! This brief training session can be scheduled at a time of your convenience. Using screen-sharing technology, one of our Client Services training specialists will show you some of the more popular features of IRMI Online and give you a few tips and tricks. You will see how easy it is to quickly find what you need and have the opportunity to ask questions specific to your IRMI subscription! To schedule your training session, simply call our Client Services team at (800) 827-4242, or you can send a request through our Contact Us form.
06 Jan, 2014
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Source: http://insurancedataonline.blogspot.com/2014/01/the-electronic-owl-135-new-information.html
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