All Weekly Email Alert articles – Page 79
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Former Bayou CEO gets 20 years
Chief exec of collapsed Bayou hedge funds receives sentence for inducing investments of more than $450m
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Firms complacent when it comes to fire safety
NURS says only 47% of small businesses may have knowledge of fire safety rules
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RIMS supports insurance coverage Act
The insurance coverage for consumers Act would help stabilize prices and increase coverage in the commercial property insurance market, says RIMS
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Piracy hot-spot shifts to Horn of Africa
Danish shipping companies have recently been the targets of a number of attacks in Somali waters, warns Willis
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Interviews
Swiss Re funds risk Chair at ETH Zurich
Swiss Re will finance a new Chair for Integrative Risk Management at the Swiss Federal Institute of Technology Zurich
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CCA publishes guide to new corporate killing Act
Safety charity issues guidance for new Act, which begins to apply after April 6, 2008
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Businesses blind to risk: IBM
Almost 80% of respondents said risk appetite is incorporated into decision-making only after decisions have already been taken
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Social networking study reveals risky behaviour
OfCom highlights significant privacy and identity issues stemming from the attitudes toward and use of social networking sites
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Sweetmaker appoints AON as risk partner
Partnership designed to identify and manage risks as well as reduce cost
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IMF announces reforms to tackle economic crisis
Also issues global economic risk outlook
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Feds sue investment firm for $25m in losses
The US Labour Department suit alleges misuse of assets for personal gain
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Tornado losses growing in 2008: AM Best
Tornado losses are approaching those from hurricanes
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Transport sector pressured to meet GHG targets
EU has called on the transport sector to act upon its growth in emissions
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Analysis
CCTV keeps eyes wide shut on risk
CCTV is crucial to monitoring and preventing a host of attacks, but it must stay intelligently out of sight if it is to remain a strategic tool, says Charlie Sherlock, CEO at Cinario
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Analysis
Captive's pockets bulge
Global corporates are increasingly self-insuring, with captives retaining more income and taking on bigger risks, finds a new report
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Forecasters predict well above average US hurricane season
69% chance of a major hurricane hitting the US coastline this hurricane season, says CSU
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Subprime D&O/E&O claims could reach $4bn: Fitch
Litigation stemming from subprime exposure could result in D&O and E&O insurance claims reaching $3bn to $4bn
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Survey raises concerns about disaster recovery plans
One quarter of UK companies do not have a disaster recovery plan in place
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EEB welcomes EU’s waste prevention targets
Urges member states to follow Parliaments example and to establish 70% recycling targets for businesses
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New manslaughter offence won’t apply until 2010
Safety charity predicts the new offence will only start applying to large organisations in relation to deaths that take place after 2010