All Weekly Email Alert articles – Page 94
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Insurers to pay $6.5bn in 2007 cat claims: ISO
144,000 commercial lines claims cost an estimated $1.3bn for damage from 23 catastrophes in 2007
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Analysis
Top tips to virtual environments
Over the last year the uptake of virtualisation technologies has risen. An undesired consequence of virtualisation is that it increases the risk of unplanned downtime. Nick Turnbull, Marathon Technologies, provides top tips to consider before virtualising
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US plea bargains raise exposures, warns Marsh
Companies Act stipulates that indemnification of a director’s legal costs by their company is not allowed if the director is found guilty in a prosecution
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Analysis
Concerns mount following Avian Flu in wild birds
In what ways are risk managers preparing for a possible disruption to normal business practices, Nathan Skinner finds out
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UK product recalls jump to new record high
190 product recalls in UK last year, up from 179 the previous year, finds new research
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Vessel disabled and drifting mid Channel
Crewman with broken leg and non essential crew airlifted from vessel by coastguard helicopter
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Florida subpoenas property insurers over high rates
PCI blames ‘huge’ and ‘growing’ risk from storms in the region
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Ingersoll-Rand records $277m charge for asbestos claims
Results from a $538 million increase in recorded liability for asbestos claims to $755 million
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Data security threatened by employee negligence
Survey shows 48% of UK companies at risk
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Catastrophe Risk
Disasters bulletin: 7 August - 19 November 2007
By Professor Bill McGuire of Benfield - UCL Hazard Research Centre
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Avian flu confirmed in wild birds in Dorset
Defra confirmed highly pathogenic strain of H5N1 in three dead wild mute swans
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Barclays chairman latest fraud victim
Security firm calls for new authentication methods
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CFA slams US insurers for overpricing and underpaying claims
US property/casualty insurers overcharge policy holders and underpay on claims, said a report from a consumer association that an industry group called ‘absurd’
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New laws will require tighter risk control
Risk broker speaks out on corporate manslaughter
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Analysis
Converging IT with risk assessment?
Charlie Sherlock, CEO of Cinario, argues companies can devise benefits from IT risk management solutions
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Interviews
UK train workers vote to strike
The union's executive will meet shortly to consider what action to call
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Analysis
WEF: Collaborative action required to respond to 2008’s global risks
Global risks are systemic and collaborative responses are needed to tackle their interdependency, says the World Economic Forum
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AIG unit to pay $42.5m for environmental cleanup
Payment relates to four industrial sites formerly owned by Fruit of the Loom
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Portware launches solution to deliver business continuity
Portware High Availability provides real-time backup service for support in today’s high-volume trading environment
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World Economic Forum releases Global Risks 2008
Highest levels of political and economic uncertainty for a decade