From the sailing side of things... The sport would ban the skipper from future racing. All of the sailing rules are grounded in Corinthian ideals where you self police the game of sailboat racing.
Not sure what you mean here. The only way to get banned that I'm aware of is by US SAILING / ISAF. I doubt they would do that over insurance.
If you really want to know what your OA coverage is good for, try banning someone from events. The lawyers will line up for that one.
Mike
