Notes

  1. 1. Emmett J. Vaughan and Therese M. Vaughan, Fundamentals of Risk and Insurance, 10th ed. (New York: Wiley, 2008), p. 610.

  2. 2. This section is based on Fire, Casualty & Surety ­Bulletins, Casualty and Surety volume, Public ­Liability ­section (Erlanger, KY: National Underwriter Company); Donald S. Malecki et al., Commercial Liability Risk Management and Insurance, 7th ed. (Malvern, PA: American Institute for Chartered Property Casualty Underwriters/Insurance Institute of America, 2008); Mary Ann Cook (Ed.), Commercial Liability Risk Management and Insurance. American Institute for Chartered Property Casualty Underwriters (2011); and the International Risk Management Institute’s website, IRMI.com. The authors also used various commercial ...

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