Long story short: I'm not going to let concerns about liability stop me from going for my DM cert. Not that I plan on leading dives, but I want to know I've got the skills.
great! I am so glad to hear this! I had some of the same issues as I felt I had some assets to lose and was afraid to expose myself unecesarily if I was not earning my income from dive master work. In some ways it made no sense, but I wanted to do the course for several reasons, one of which includes the dive behavior Dennis alludes to! I think I get left to my own devices a bit more willingly since I am a divemaster and this makes my dive travels a bit more to my liking. The other reason is that where I live, many of the captains like having an extra divemaster on board and will welcome you (free) if you pitch in a little. Even when you are not leading dives, they like having a hand with the boat, etc. It has served my purposes really well. So, Bruce, I think you are doing the right thing, going against the conventional wisdom.
As far as incident reports go, I too, am an RN and learned about incident reports a certain way from medical liability standpoint. I guess my big picture issue with it is that if you are the instructor or the Divemaster involved, I do not think every person in the vicinity should be filling incident reports out. PADI will back you, to a point, but once their interest and yours no longer are the same, (if the case is made that you broke a standard, etc, or negligent, etc) then, you have not helped your own cause by getting every pro in the area to fill out an incident report. I was taught that incident reports are not supenable (sp) and that they are your risk management tool, and that is their purpose. I don't think gathering information from multiple sources andd submitting to PADI is always what you should do on your behalf. sure, PADI is going to say yes to as many versions as they can get, because that gives them more to work with. I have no idea if this is correct and would be interested in hearing a legal perspective. (from the dive professional's advocate, not from PADI's position). Also, the insurance seems way overpriced to me, from an actual risk probability standpoint, but then that is a whole nother thing....
You don't have to answer all this speculation on my part, but, these are the types of questions that I think are out there. guess I am off-topic. slightly.