INFORMATION

Site Map - Insurance

Digging for Disclosure: Tactics for Protecting Your Firm’s Assets from Swindlers, Scammers, and Imposters

- The authors have written a most interesting and useful book with a fresh look at an old problem.

GPS Implants May Be More Fiction Than Science

- RFID experts say not to be fooled by security companies offering implantable human tracking devices.

Terrorism Insurance

- Congress approved a law (P.L. 110-160) reauthorizing the government-based terrorism insurance program for seven more years. Under the law, the terrorism insurance program, which was slated to expire at the end of 2008, will be extended until the end of 2015. A study of how to move terrorism insurance into the private market had concluded that private terrorism insurance was highly unlikely in the foreseeable future and that the government program was the only way to provide such insurance.

U.S. Federal Legislation: Terrorism Insurance

- A bill (H.R. 2761) that would reauthorize the government-based terrorism insurance program for seven more years has been signed into law (P.L. 110-160). Under the law, the terrorism insurance program, which was slated to expire at the end of 2008, will be extended until the end of 2015.

Crisis insurance

- The cost of 9-11 was staggering, but it was far less than a worst-case scenario in terms of life-insurance and injury related claims. That's according to Risk Management Solutions (RMS,a company that helps insurers gauge and manage risk. In a recent report, RMS estimates losses for several segments of the insurance industry--workers' compensation, individual and group life insurance, accidental death and dismemberment, and health insurance--in seven hypothetical scenarios that it models.

When Executives Go Their Separate Ways

- Nearly all major corporations have policies prohibiting high-level personnel from traveling together, according to Jack Riepe, communications director for the Association of Corporate Travel Executives. Now, more and more mid-size companies are getting into the act as well, says one high-level aviation insurance executive who asked not to be named.

Protection Goes Beyond Prayer

- Many churches are still unaware of the risks they face, so while preachers and pastors deliver the spiritual message to churchgoers, Jeff Hanna is on the much more earthbound mission of raising security consciousness at churches. His firm, the GuideOne Center for Risk Management Church and School Division, which provides insurance for 50,000 churches across the United States, has declared October "Church Safety and Security Month." The company is making available security resources on its Web site.

Discrimination

- A bill (S. 1053) making it illegal to discriminate against someone on the basis of genetic information was approved by the Senate but was not taken up by the House of Representatives. The bill would have prohibited discriminatory acts by health insurance companies and employers.

Where Crimes Converge Investigations Merge

- Insurance companies must worry both about fraudulent claims and employee fraud--when the two intersect, a coordinated investigation is best.

Genetic discrimination

- A bill (S. 306) introduced by Sen. Olympia Snowe (R-ME) that would prohibit genetic discrimination by employers and insurance providers has been approved by the Senate.

Did You Know That?

- Businesses concerned about workers’ compensation scams can turn to a video released by the Coalition Against Insurance Fraud. The video, just under 12 minutes long, explains to workers the harm done by fraud against workers’ compensation, health insurance, automobile insurance, and other types of insurance. SM Online shows you how to get the video.

Insurance

- A bill (S. 467) introduced by Sen. Christopher Dodd (D-CT) would extend the Terrorism Risk Insurance Act of 2002 (TRIA) for three more years. The TRIA, which expires at the end of this year, would keep the program in place while a commission develops a transitional system to take its place. Without the TRIA, a government program that keeps insurance for terrorist attacks affordable, proponents of the bill argue that terrorism insurance would become unaffordable for most businesses.

Terrorism Insurance

- A report finds TRIA does not provide adequate financial protection.
 




Beyond Print

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