Again, I'm not sure if you haven't been reading the thread, but I (the OP) am not the shipper, simply the receiver. Yes insurance should have been paid, and a duplicate label should have been put inside, but none of that happened. That's not my concern right now.
And as far as insurance, sure its not too expensive if you only ship a few high value packages per year, but when you own a business, and ship $500,000 worth of equipment a year, it adds up. That's nearly $4,000 directly out of my bank account. Neccessary, but definately a profit-maker for UPS, especially considering the horror stories I've heard about for high value claims.
Merry Christmas Everyone!