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Title: The Insurance Crisis And The Risk Management Of Contractor/Supplier Liability
Author: R. W. Wilcox
Source: American Gas Association 1987
Year Published: 1987
Abstract: Before I address the specifics of the Materials Management Departments role in the Risk Management of Contractor/Supplier Liability, I think it is essential that we take a few moments to discuss the current crisis in the Property/ Casualty Insurance marketplace. Such a review will perhaps give all of us a greater sensitivity to the complexity of this current crisis and the role thai all of us can play in an effort to control corporate losses. If youve been paying attention to the news lately, you probably have heard many stories regarding what has come to be known as The Insurance Crisis. Your doctor has been complaining loudly about the cost of malpractice insurance. Your municipal government has been compelled to cut services and close playgrounds because of the same so-called Insurance Crisis. Businesses all over the nation have been reportedly forced to close their doors for the lack of insurance protection.

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