This week our focus is on the typical types of insurance coverage available for commercial organizations.

How has this coverage changed in the past few decades, and where do you see future modifications? Find an article that addresses (1) the effectiveness of past enhancements to coverage, or (2) the need for future enhancements, and discuss.

As an example, many liability policies shifted from occurrence based to claims-made based.Thearticlenamed "CLAIMS-MADE AND REPORTED POLICIES AND INSURER PROFITABILITY IN MEDICAL MALPRACTICE" by Patricia Born M. and Martin Boyer, explores this development in the medical malpractice area and finds that insurers writing claims-made policies are more profitable. The authors note that both types of coverage still coexist, perhaps driven by insurers' specific needs for diversifying their risks.