December 17, 2007
Pandemics are inevitable and businesses must prepare now by developing continuity plans in case of a flu outbreak, said Scott Mugno, managing director, corporate safety, health and fire protection at FedEx Express. According to Mugno, pandemics will happen and have …
December 17, 2007
Next year may just go down on record as one of the best insurance industry underwriting performances in the past 80 years, according to an industry survey of Wall Street stock analysts and industry professionals. Analysts expect the industry’s profitability …
December 14, 2007
The U.N. climate chief warned on Thursday that a deadlock between the United States and the European Union over pollution cuts threatened to derail talks aimed at launching negotiations for a new global warming pact. Washington has refused to accept …
December 14, 2007
As the turmoil from the subprime crisis ripples across the global credit and equity markets and threatens the stability of the U.S. economy, several insurers have announced their exposure to mortgage-linked assets in their third quarter earnings. Although the majority …
December 10, 2007
The Geneva-based International Labor Organization has announced a partnership with the Bill & Melinda Gates Foundation that aims to develop new kinds of insurance and improve existing products to promote decent work for tens of millions of low-income people in …
December 7, 2007
Treasury Secretary Henry Paulson said that U.S. worries about Chinese product safety will be a major topic at high-level economic talks with China next week. The so-called Strategic Economic Dialogue comes as the United States pushes China to improve the …
December 7, 2007
The Texas Legislature enacted tort reform measures in 2003 that among other things placed a $250,000 cap on non-economic damage awards against individual health care practitioners, a $250,000 cap on non-economic damages against single health care institutions and a $500,000 …
December 5, 2007
U.S. delegates at the U.N. climate conference insist they will not be a roadblock to a new international agreement aimed at reducing potentially catastrophic greenhouse gases, but refuse to endorse mandatory emissions cuts. Many governmental delegations at the meeting on …
December 2, 2007
If businesses are unconcerned about liability, will they stop buying insurance? By most accounts the tort reform measures enacted by the Texas Legislature in 2003 have worked very well. Among other things the reforms placed a $250,000 cap on non-economic …
December 2, 2007
Considering the number of people who lived and worked in the area, the destruction of the World Trade Center complex was the functional equivalent of obliterating a small- to medium-sized city. Several recent and relatively recent events — the wildfires …