The only Spec. which really covers an inverter duty motor is IEEE841 spec, which is the Best Severe Duty motor, since their is no legal definition or one by NEMA. Standard EPACT motors may be used if the insulation is good enough to stand the spikes and transients, which may be produced by the drive, and if the runs are short in length. Cooling is one of the factors, since the fan will turn at less RPM, giving less CFM of air movement to disipate the heat. Also as was said earlier if one of the bearings is insulated, then there are no shaft currents to ruin the bearings.