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Economy News

Finding a solution to natural disaster insurance

We are here to serve consumers’ needs, whether it is helping them secure coverage to protect their families and their homes prior to an event, or assisting consumers after an event to ensure that claims are paid quickly and fully. …

Private equity risk: Protecting human capital

Insurance professionals—brokers, agents and consultants—are faced with increasing demand for their knowledge and expertise in advising venture capital and private equity firms. Venture capital, or VC, is defined by Investorwords.com as “Funds made available for startup firms and small businesses …

Calif. attorney general sues automakers over global warming

Automakers should be held liable for contributions to global warming, according to California Attorney General Bill Lockyer. Thus, he recently filed a lawsuit against leading U.S. and Japanese auto manufacturers, alleging their vehicle emissions contribute significantly to global warming, harm …

Finding a solution to natural disaster insurance

In 2005, our country faced several devastating and record-setting natural disasters that left the lives of many Americans in ruins, and roiled the insurance marketplace and the nation’s overall economy. Estimates for 2005 hurricane losses are approximately $50 billion, greatly …

California governor vetoes workers’ compensation bills

Gov. Arnold Schwarzenegger has vetoed two bills that he said would have undermined the bipartisan workers’ compensation reforms passed by the legislature in 2004. “When I ran for office, skyrocketing workers’ compensation costs were the poison of our economy,” he …

Political science

The National Science Board is an independent advisory body to the president and Congress on national science and engineering policy. It is currently advising President Bush and Congress that the government needs to do more to understand and protect against …

An Avian Flu Pandemic: Much ado about nothing?

It’s reasonable to assume that an avian flu pandemic could take flight in the near future, and companies need to prepare a response, according to Rick Casse, former director of business continuity planning for Gap Inc. Keeping that in mind, …

How Florida CFO hopefuls hope to solve insurance crisis

The theme of career business person versus career politician pervades the race for Chief Financial Officer in Florida, considered by some to be the second most powerful position in state government. Democratic candidate Alex Sink said she is committed to …

Oregon employers to pay less for workers’ compensation in 2007

Oregon will reduce the workers’ compensation pure premium rate by 2.1 percent for 2007, maintaining Oregon’s streak of not raising the rate in 16 years, Gov. Ted Kulongoski recently announced. “No other state in the union has seen 16 consecutive …

Political science

The National Science Board is an independent advisory body to the president and Congress on national science and engineering policy. It is currently advising President Bush and Congress that the government needs to do more to understand and protect against …