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...ety net is the insurance policy. Controlling loss is at a critical point. Tow...d not believe what happened to their towers. In hundreds of cases, only one st...

... ' applies to the way many owners view the more than 20,000 broadcast towers dotting the nation's landscape. Unfortunately, there is a tendency to ignore towers simply because they require less attention than the more technically intensive facilities involved with radio and television broadcasting. There is also what can be called the We're-insured-so-why-worry' attitude. Even if something goes wrong, the safety net is the insurance policy. Controlling loss is at a critical point. Tower construction costs are escalating, and so are the insurance claims. The prudent business approach is to eliminate wherever possible the opportunity for damage to occur. A tower that is out of service sets into motion a chain of events resulting in loss of income, audience share, and advertisers, notwithstanding the disruption of the station operation. There are 12 common ... Immerse yourself in our stacks. Take some time and browse through our library. We have thousands of articles, checklists, tip sheets, sales letters, and more! Communications Marketing Customer Service Planning Finance/Accounting Risk Management Human Resources Selling Legal and E&O Technology Life/Financial Services Glossaries Management Resources & Links Categories Popular Recent All Back How To Avoid The 12 Most Common Causes Of Broadcast Tower Loss 4/30/2013 10:36:34 PM by CompleteMarkets Editor , Douglas Henderson This content has not been rated yet. HOW TO AVOID THE 12 MOST COMMON CAUSES OF BROADCAST TOWER LOSS by Douglas Federau If it ain't broke, don't fix it' applies to the way many owners view the more than 20,000 broadcast towers dotting the nation's landscape. Unfortunately, there is ...

... Editor Comments (0 ) Insuring For The Worst This content has not been rated yet. CompleteMarkets Editor , Curtis Pearsall 4/28/2014 12:00:00 AM In light of the September 11 tragedy, a coverage review of all of your accounts is more vital than ever, for you and for your clients. In this.. All Articles by CompleteMarkets Editor Comments (0 ) Keep Control Of The Agency Under Control This content has not been rated yet. CompleteMarkets Editor , Grace Bauer 4/30/2013 12:00:00 AM KEEP CONTROL OF THE AGENCY UNDER CONTROL by Grace Bauer In these times, agency principals and owners are working lean. It's difficult to find good help, and agency numbers force com.. All Articles by CompleteMarkets Editor Comments (0 ) 1 ... yet. CompleteMarkets Editor , bill cates 4/30/2013 12:00:00 AM HOW DO YOU HANDLE CLIENT COMPLAINTS? by Bill Cates In this extended hard market, the chances of having a client complain to you have increased. Although I assume that you work hard to .. All Articles by CompleteMarkets Editor Comments (0 ) How To Avoid The 12 Most Common Causes Of Broadcast Tower Loss This content has not been rated yet. CompleteMarkets Editor , Douglas Henderson 4/30/2013 10:36:34 PM HOW TO AVOID THE 12 MOST COMMON CAUSES OF BROADCAST TOWER LOSS by Douglas Federau If it ain't broke, don't fix it' applies to the way many owners view the more than 20,000 broadcast towers dott.. All Articles by CompleteMarkets Editor Comments (0 ...

...arefully removed to prevent the uncontrolled release of a cloud of spores into...n the indoor environment. Aside from controlling cockroach populations through...

...e Manes Use risk management to control uncertainty in your clients’ b...o).\ Manage — control the process, report results, anti...

... exists. Individuals can't always control the environment, but they can control their thoughts. As William James sa...

... and by the broker or agent should guarantee that the policy fully expresses the intentions of the insurer and the expectations of the insured and that it uses proper grammar and punctuation. After all, these documents are often interpreted by the courts, where subtle nuances of word choice, punctuation, and grammar may make the difference between a covered claim and an uninsured loss. Unfortunately, the level of quality control of even the most prestigious of agents, brokers and insurers is sometimes low. Poor English is often the rule, and the readability of some policies can be described as tortuous. One judge reviewing a Directors and Officers liability policy compared the policy wording to a linguistic Tower of Babel. Along with poor draftsmanship, risk managers we spoke with listed the following common oversights as particularly annoying: Policies delivered ... proper authorizing signatures  Incorrect inception, expiration, or retroactive dates  Incorrect spelling of the corporate name  Incomplete or outdated lists of named insured or additional insureds  Property descriptions, locations, limits of liability, and deductibles incorrectly scheduled or outdated  Missing endorsements  Unexpected endorsements Too frequently policies are delivered with such obvious omissions, abominable punctuation, and flagrant typographical errors that one might question whether the document was ever read, let alone reviewed. Especially disturbing is the practice of some insurers who borrow' wording from a competitor's policy form that's replete with errors! The borrowing problem is most acute with manuscript and heavily endorsed policies. However, we are also aware of similar errors in preprinted policy forms. Risk managers shouldn't accept any ...

... and the broker or agent should guarantee that the policy fully expresses the intentions of the insurer and the expectations of the insured, and that the documents use proper grammar and punctuation. After all, these documents are often interpreted by the courts, where nuances of word choice, punctuation, and grammar may make the difference between a covered claim and an uninsured loss. Unfortunately, the level of quality control of even the most prestigious of agents, brokers, and insurers is sometimes low. Poor English is often the rule, and the readability of some policies can be described only as tortuous. One judge reviewing a Directors and Officers Liability policy compared the policy wording to a linguistic Tower of Babel. If you are involved in drafting language for use in insurance policies or other contracts, we recommend finding ... copy of a little book by Richard Wincor entitled Contracts in Plain English. One of the contract blunders Wincor commented on nearly 15 years ago still finds its way into modern policy forms. Here's what Wincor had to say about the misuse of the phrase it is understood and agreed': Absurd and sometimes dangerous. There is nothing wrong with we agree as follows' or something to that effect once at the beginning of a contract, but repetition of it is understood and agreed' adds either nothing or something. If it adds nothing, it ought not to be said. Usually, it is the case that it adds nothing, because every clause in the contract is understood and agreed' or it would not be written into it. On the other hand, if it adds something, ...

...fortunately, the level of quality control of even the most prestigious of agen...

...d up with a better addition, more control over the process and results, and mo...