All Liabilities articles – Page 37
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Mercer gives advice on de-risking pension schemes
More providers are looking to take on pension scheme liabilities but companies should vet them properly
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Analysis
Finally a settlement
Royal & Sun Alliance’s settlement with GM ends four years of bitter legal battles
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Apex Oil ordered to perform $150m cleanup
Company must remove soil and groundwater pollution from Hartford refinery
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$8.8m fine proposed against Imperial Sugar
Proposed penalty follows safety violations leading to refinery explosion that killed 13, says OSHA
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Bullying costs UK £14bn a year: Unite
Black, minority and ethnic workers are most likely to be the target of workplace bullying
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Slowed ships risk legal action: P&I club
Shipping firms could be sued for breach of contract if they try to offset costs by ‘slow steaming’
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Construction firm fined for putting homes at risk
A Surrey construction firm was fined after homes it worked on were found to be at risk of lethal CO build-up
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Securities litigation drops slightly in 2007
Securities fraud class action litigation for 2007 drops slightly despite subprime, says a report
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Czech risk management association joins FERMA
Brings the total number of countries represented in FERMA to 16 with four from central and eastern Europe
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Analysis
Directors’ conflicts of interest
Danielle Harris explains how new provisions under the Companies Act will affect directors whose interests may conflict with the interests of their company
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ABPI suspends Roche over obesity drug sales
The British medical trade association has suspended Roche for 6 months and accused it of bringing discredit on the industry
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Banks liable for phishing attacks
A German court says the banks are responsible for damages arising from unauthorised interception of confidential data
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Charity wins civil damages case
A civil damages claim brought against a charity by an injured climber has been thrown out
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Analysis
Fear of the unknown
Business innovation could be stifled by the lack of insurance availability for risks associated with nanotech but responsible companies may be able to manage the risks
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Analysis
New equality rules could increase claims
The government’s curious plans to introduce ‘positive discrimination’ at the recruitment stage are likely to disrupt businesses even more
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Lack of pandemic planning will affect bottom line
A new study presents the business case for investing in pandemic preparedness
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Analysis
Face up to litigation
Businesses could be seeing a future liability crisis if they do not face up to growing litigation issues, Lloyd’s warned in a new report