I see your point. I was moved to ask the question as in
reading some fine print on a regatta policy I found that
there was a waiver if the race team was found to be guilty
of "careless or reckless actions". I have found this to be a kind of a loophole that some insurance co's use to worm
out with. The term is so subjective that you never know how
a court will rule on it.

So, read your fine print, and make sure your really covered.

Regards, ML