From a property - casualty view, perhaps the most common  deficiency we find on a day to day basis is related to  inadequate safety process management.

Lack of documented, formal disaster recovery planning is another very common issue that we frequently address so that business can more readily return to normal operation. See more on disaster planning.

Secondly, we have seen a lack of proper coverage for exposures related to directors and officers liability as well as crime and computer fraud.  Failure to address "cyber" or electronic security risks related to exposures related to the use of company web sites, e-commerce and email is another common problem. We encourage you to review the President's National Strategy to Secure Cyberspace if "e" risks are a concern for your business.

Other common problems include employment practices liability inadequacies. Lack of co-employee coverage has been observed as a common issue as well as lack of coverage for third party harassment, i.e. inappropriate behavior directed at employees from customers or vendors. 

Products liability exposures brought on by inappropriately worded warranties and product brochures have been observed. Environmental liability related to the acquisition of property containing risks that are not properly assessed such as underground pollution exposures is also common.

Inadequate business income and extra expense coverage is a key issue.  Lack of or inadequate property coverage for demolition and debris removal expense related to the enforcement of  ordinance of law or code as well as lack of coverage for increased cost of re-construction due to construction and zoning codes.  Uninsurable contractual obligations arising from building lease agreements are also seen from time to time. 

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