Article Abstract:
The Independent Automotive Damage Appraisers Association has almost completed the implementation of computerized damage estimation systems at its service locations. The systems are highly touted for their ability to lower costs, generate claims information quickly and create management reports. This last feature is especially attractive because it enables insurance companies to better monitor appraisal quality and estimator productivity. Another attractive feature is mobility: the units are portable, desktop computers that weigh only 20 pounds.
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Article Abstract:
Museums and other cultural institutions should purchase insurance broad and flexible enough to cover all loss contingencies. Policies should cover transit of loaned collections. They should supplement traditional replacement cost valuation with agreed valuation since many objects might be irreplaceable. They should also provide for the sometimes exorbitant cost of restoring damaged historic structures in which artifacts are housed. Business interruption insurance is a must since loss of a collection threatens a museum's very livelihood.
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Article Abstract:
Any business that disseminates information to the public should seriously consider media insurance since libel suits, once rare, are increasing. Components of this kind of policy should include defamation coverage, invasion of privacy, copyright infringement, intellectual property and errors of omission. In writing such policies, underwriters should consider such issues as readership size, potential impact, content, copyright protection, and, in the case of applicants, loss history and loss prevention strategies.
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