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R&I One: December 20, 2011
In this issue: reducing the risks of reality TV; insuring against hospital terrorism; EPA report fuels fracking debate; risk of identity theft up for business travelers; digital healthcare records brings risks; and more.
............................................................ Sponsor:XL Group
insurance, aerospace, contracts or people. Wherever your world is going, we're here to help your business move fast fast forward. MAKE YOUR WORLD GO ............................................................ ------------------------------------------------------------ NEWS & ANALYSIS ------------------------------------------------------------ Reducing risks for everyday people who do stunts and dangerous activities on reality TV can be tricky. Closing the Hospital Terrorism Gap A Lloyd's syndicate thinks it has identified a gap in the market: bespoke hospital terrorism insurance. EPA Fracking Report Adds Potential Layer of New Exposure For the first time, the U.S. government finds compounds used in natural gas drilling in drinking water. More News & Analysis Stories » ............................................................ Sponsor:Risk & Insurance® Power Broker® Coming in the February issue of Risk & Insurance® http://www.riskandinsuranceawards.com/awards/power-broker ............................................................ ------------------------------------------------------------ EDITOR'S CHOICE STORIES ------------------------------------------------------------ Disaster Losses Hit Record Level in 2011(Wall Street Journal) >>> Digital Healthcare Data Raises Risk of Breaches (New York Times) >>> After Thai Floods, Companies Reconsider Risk (Forbes) >>> Transportation Board Recommends Full Ban on Cell Phone Use While Driving (CNN) >>> Settlement Reached in Chinese Drywall Case (Reuters) >>> Risk of Identity Theft Goes Up For Business Travelers (USA Today) >>> More Editor's Choice Stories » ------------------------------------------------------------ UPCOMING EVENTS ------------------------------------------------------------ RAA Cat Modeling 2012: Cat Models ? The New Risk (Feb. 14-16) Regulators, insurers, rating agencies and financial institutions use model output in their analysis and evaluation of enterprise risk. This conference addresses the challenge of balancing the need for stable risk-assessment tools against the need for continued model improvement as better scientific, building performance and historical loss data becomes available. Celebrating 40 Years of Captive Industry Leadership (March 11-13) Get educational programming that delivers true business intelligence for captive industry professionals and provides opportunities to connect and share ideas with peers in person by attending the CICA 2012 International Conference. ------------------------------------------------------------ PEOPLE ON THE MOVE ------------------------------------------------------------ Brokers On completion of its first full year of operations in Canada, Willis Re announced the appointment of JIM BRADSHAW as Chairman of the Willis Re Canada Board. Bradshaw, who is also CEO of Willis Re North America, replaces Steve Hearn, CEO, Willis Re, as Chairman of the Canadian Board. Other notable moves: - WARREN NEALE - NICHOLAS DOBELBOWER - DENNIS HEALY - SCOTT LIHME Insurance RICHARD ALEXANDER has joined the company as general middle market division manager for Starr Indemnity & Liability Company. Alexander will have overall responsibility for the development and growth of the General Middle Market Division and related service offerings. Other notable moves: - MICHAEL PERROTTI - KEN MUELLER - RYAN FARIS Specialists THOMAS N. FALZARANO has been named senior risk advisor of Hanover Stone Partners, a risk management services firm with expertise in a broad range of critical risk disciplines. He has 35 years of experience as a claims professional. Other notable moves: - JOHN G. OROS - KATHLEEN SHEEHAN - WOODY E. BRADFORD ------------------------------------------------------------ FEATURED WHITE PAPERS ------------------------------------------------------------ FM Global The Risk/Earnings Ratio: New Perspectives for Achieving Bottom-Line Stability http://www.elabs3.com/content/19708/PatrickRISK/FMGlobalLogoRONE.jpg Healthcare Solutions Trends in Workers' Compensation http://www.elabs3.com/content/19708/PatrickRISK/HealthcareSolutions.jpg http://www.riskcentral.com/article/trends-in-workers-compensation.html The National Alliance The Looming Professional Gap http://www.elabs3.com/content/19708/PatrickRISK/NationalAlliance.jpg http://www.riskcentral.com/article/the-looming-professional-gap.html White Papers Provided by: Risk Central Find More White Papers ------------------------------------------------------------ NEW PRODUCT ANNOUNCEMENTS ------------------------------------------------------------ Resources Philadelphia Insurance Companies introduced the Executive Sponsor Program matching PHLY executives at a vice president level or higher with two or more insurance agency executives or policyholders. The Safe Work and Safe Driver Programs introduced by the TharpeRobbins Company, incentivizes employees by defining the ideal safe working environment and recognizing individuals and teams that achieve accident-free records and routinely practice good safety habits. Insurance Seneca Insurance Companies announced the launch of a new product line and operating division offering contract and commercial surety. Zurich announced a product solution for contractors working in the fast growing Public Private Partnership marketplace. Coverages Swiss Re Corporate Solutions announced the launch of its primary non-admitted professional liability product for U.S.-based law firms. Markel announced the launch of a new coverage enhancement for healthcare providers. A DataBreach endorsement can now be added to Markel?s allied healthcare policies at no cost. ------------------------------------------------------------ COLUMNISTS ------------------------------------------------------------ Roger's Soapbox Roger Crombie: Jolted by Joe Biden, our Veep Joe Biden has been messing with me. Yes, that Joe Biden, the hair-plugged vice president of those there United States. This is a Christmas story for all those insurance people who will fly home for the holidays, or who fly anywhere, ever. Risk Management Joanna Makomaski: Just Enough Information A Boeing 767 airliner carrying 231 passengers from Newark, N.J., made an emergency landing on its belly at the Warsaw, Poland, airport in November after an unprecedented landing gear failure. ------------------------------------------------------------ FEATURES ------------------------------------------------------------ Penn State Sex Scandal Can Change How Institutions Manage Risk The scandal may lead to new reporting laws and new ways to manage risks. Stay Informed and Mind the Gap Companies face Internet marketing-related legal claims that their commercial general liability insurance policies no longer cover. December 20, 2011 Copyright 2011© LRP Publications |
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