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PERSPECTIVES: Stop-loss insurance helps control employee benefit costs

By: Craig I. Hasday

Published September 04, 2011 - 6:00am CST

SELF-INSURANCE DOES NOT MEAN unlimited liability when it comes to employee benefits, says Craig I. Hasday, president of New York-based employee benefits consultant and broker Frenkel Benefits L.L.C. While stop-loss coverage seldom is used by the largest self-insured employers, it can be an effective strategy for middle-market employers that do not have the financial resources to withstand large...

PERSPECTIVE: Middle East uprisings put spotlight on war risk exclusions

By: Charles Berry

Published August 30, 2011 - 12:59pm CST

The so-called Arab Spring has raised a taboo subject in the property insurance market—war risks on land.

M&A strategies for addressing legacy environmental liabilities

By: John S. Wyckoff And Robert Martin

Published July 31, 2011 - 6:00am CST

When considering potential pollution liabilities in a merger or acquisition, the due diligence team and risk managers should note that insurance recovery is constantly evolving, say John S. Wyckoff, a senior regulatory consultant at Technology Sciences Group Inc., and Robert Martin, consultant at Freeman & Mills Inc. This analysis will provide significant insights into the target company's legacy ...

Manage claims proactively to reduce costs

By: Kurt Dettman and Peter Scarpato

Published July 03, 2011 - 6:00am CST

Owner-controlled insurance programs combine several types of insurance and each policy has different types of coverage. However, all can result in claims disputes, say Kurt Dettman, principal of Hingham, Mass.-based Constructive Dispute Resolutions, and Peter Scarpato, president of Yardley, Pa.-based Conflict Resolved L.L.C. They propose a program that could establish a more proactive management...

Global D&O protection tips

By: Carol A.N. Zacharias

Published June 19, 2011 - 6:00am CST

Buyers of global directors and officers liability insurance have heard the call to buy local policies in countries that prohibit nonadmitted insurance to ensure their local subsidiary boards are protected.

Anti-bribery compliance key

By: Ann Longmore

Published June 19, 2011 - 6:00am CST

In recent years, the Securities and Exchange Commission, the Department of Justice and other regulatory bodies have increased their focus on identifying violations under the U.S. Foreign Corrupt Practices Act, which prohibits U.S. firms from bribing officials to win or maintain business.

Global coverage key in disasters

By: Bradley Kading

Published June 12, 2011 - 6:00am CST

Natural disasters can't be prevented, but public policy can shape the way countries cope with their aftermath, says Bradley Kading, president and executive director of the Assn. of Bermuda Insurers & Reinsurers. After Japan suffered an earthquake, tsunami and nuclear power plant emergencies in March, it became apparent that the country's lack of a global network of insurance and reinsurance has...

Get the most out of claims

By: Linda Kornfeld, Michael Gardner and Matthew Jacobs

Published June 05, 2011 - 6:00am CST

With so many natural disasters happening recently around the world, companies need to be proactive about their claim strategies to fully recover their losses, say Linda Kornfeld and Matthew Jacobs of Jenner & Block L.L.P.'s insurance recovery practice and Michael Gardner of financial and management consultant The Claro Group L.L.C. In this Perspectives, they outline ways to document and support...

Specialty drugs require attention

By: Matthew Zubiller

Published May 29, 2011 - 6:00am CST

Employers' cost for specialty pharmaceuticals is rising due to new drugs and an aging workforce, but they don't work for some patients, says Matthew Zubiller of McKesson Health Solutions. Tests can determine which patients should take certain drugs, but the challenge is making sure that the tests are done. In this Perspective, Mr. Zubiller provides questions that employers can ask their health...

How to avoid suits stemming from layoffs

By: Susan Tribby

Published May 08, 2011 - 6:00am CST

As the U.S. shakily emerges from the Great Recession, businesses should be aware that the potential for human resources-related litigation is high, says Susan Tribby, associate vp of risk management for Fort Lauderdale, Fla.-based human resource outsourcing company AlphaStaff Group Inc. Ms. Tribby explains why that is and how companies can minimize their potential liability and prevent lawsuits...

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Perspectives Guidelines

Business Insurance accepts articles from experts in commercial insurance, risk management and employee benefits management for publication in its Perspectives section. The section is intended to be a forum for readers’ opinions and a forum for the discussion of technical topics that do not lend themselves to news stories. Interested in submitting a Perspective article for publication? Download our Perspective guidelines.

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