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Mr. Clean
Bank of America promotes its cleanser of the Countrywide Financial Corp. subprime portfolio to chief risk officer. The question is: Can one man, or department, handle the risks of a large financial services firm?
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When the Birds Bring Down the Planes
Will a garbage-transfer station under construction in Queens add to the number of bird strikes at LaGuardia Airport, airport of origin for the "Miracle on the Hudson"?
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Immunity Bites ... for Shark Victims
Barring gross negligence, municipalities are likely to win if victims of shark attacks sue local authorities for an attack off their shores.
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Top Five Spectator-Related Risks at Professional Ballparks
The death of Shannon Stone at Texas Stadium represents the worst case facing sports industry risk managers, but these other spectator exposures keep them busy every game.
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Emailing off the Clock?
A federal court recently ruled that a former Black & Decker employee could proceed with his employer practices liability suit. Experts say the decision should remind employers about pitfalls involved when workers record their own time or do company work at home.
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Betting on the Lockout
Profits be damned, some NBA teams may arrange insurance coverage just to avoid staff layoffs in the event of a season-ending lockout.
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What's All the Haboob About in Arizona?
An immense dust cloud descended on Phoenix, and we analyze the impact on businesses and insurers, and whether they can expect more to come.
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Second Thoughts About the China Market
It's a big market, sure, but foreign carriers' market share has stagnated as carriers realize that doing business in China isn't easy.
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The Second Victims of Medical Errors
Grotesque and sometimes fatal medical errors grab headlines, but medical providers who commit errors are saddled with tremendous psychological burdens.
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Nukes Safety Concerns Overblown?
Since the Fukushima disaster unfolded, U.S. nuclear plants have found themselves in unflattering news stories about floods, radioactive leaks and other emergencies. Do they deserve to be?
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Settlements on the Wind in Macondo Damages Case
The litigation over Deepwater Horizon will take much longer to resolve than it took to create. That said, several large settlements set a new tone in the largest legal process.
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Catastrophe Rates up, Capacity Down at Midyear
A brutal first half for the property-catastrophe reinsurance market finally comes to a close with some players looking to make up costs at July 1 treaty renewals.
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Walking the Green Talk
Munich Re is one of the most outspoken insurers on climate change issues and at its New Jersey office, a subsidiary is putting its money where its mouth is, and guaranteeing it stays there too.
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Theft or Course of Business?
Aon alleges that a West Coast brokerage stole key members of its construction team. A judge rules that the defectors to Alliant Insurance Services can keep any clients they had when they joined Aon, for now.
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The Employer-Employee Bond Frays Further
Morale in the workplace is low, according to eye-opening recent research, but it isn't anywhere near enough to lead to wholesale revolt.
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