Business Insurance - Issue Content http://businessinsurance.com/section/toc http://www.businessinsurance.com en-us Tue, 9 Feb, 2010 14:02:42 EST 10 French buyers want openness on broker pay http://businessinsurance.com/article/20100207/ISSUE01/100209939 DEAUVILLE, France—Brokers and insurers in France remain at odds over remuneration, but risk managers would like more transparency, said panelists at the recent annual conference of the Association pour le Management des Risques et des Assurances de... Sun, 7 Feb, 2010 06:00:00 EST Toyota faces lawsuits as vehicle safety concerns grow http://businessinsurance.com/article/20100207/ISSUE01/302079970 Toyota Motor Corp.'s problems—and potential financial liabilities—continued to mount last week, as litigation related to certain Toyota vehicles grew. Sun, 7 Feb, 2010 06:00:00 EST Ledbetter fair pay law hasn't flooded courts http://businessinsurance.com/article/20100207/ISSUE01/302079973 The Lilly Ledbetter Fair Pay Act of 2009 has kept lawsuits alive that otherwise would have been dismissed and revived others, but it has not generated the significant increase in litigation that some observers had feared. Sun, 7 Feb, 2010 06:00:00 EST BI to honor industry's innovators http://businessinsurance.com/article/20100207/ISSUE01/302079969 NEW YORK—Seven companies will be honored for the most innovative new risk management products and services at Business Insurance's 2010 Innovation Awards next month in New York. Sun, 7 Feb, 2010 06:00:00 EST Budget plan targets foreign-owned reinsurers http://businessinsurance.com/article/20100207/ISSUE01/302079971 WASHINGTON—An Obama administration budget proposal that would hike foreign-owned U.S. reinsurers' taxes would dramatically constrict capacity and increase rates, particularly in catastrophe-prone areas, if implemented, many observers say. Sun, 7 Feb, 2010 06:00:00 EST With covers in place, Games set for launch http://businessinsurance.com/article/20100207/ISSUE01/302079972 VANCOUVER, British Columbia—The XXI Olympic Winter Games in Vancouver are covered by billions of dollars in insurance limits to protect against a host of perils from terrorism to a lack of snowfall that could derail the competition and lead to huge... Sun, 7 Feb, 2010 06:00:00 EST Florida sees savings from risk management changes http://businessinsurance.com/article/20100207/ISSUE01/302079974 TALLAHASSEE, Fla.—Private-sector risk management practices are paying dividends for one of the nation's largest public entities—the state of Florida. Sun, 7 Feb, 2010 06:00:00 EST Panel studies private strategies http://businessinsurance.com/article/20100207/ISSUE01/302079980 TALLAHASSEE, Fla.—Florida's new Advisory Council on Risk Management will look at what the state is doing in risk management and what the private sector is doing. Sun, 7 Feb, 2010 06:00:00 EST Airline faces criminal trial over fatal Concorde crash http://businessinsurance.com/article/20100207/ISSUE01/302079975 PONTOISE, France—The manslaughter trial of Continental Airlines Inc. and five aviation officials whom prosecutors blame for the fatal 2000 crash of an Air France S.A. Sun, 7 Feb, 2010 06:00:00 EST Some cash-strapped states raiding workers comp funds http://businessinsurance.com/article/20100207/ISSUE01/302079976 The recession is driving some state governments to raid workers compensation funds to combat budget deficits, but employers, risk-sharing pools and insurers are fighting back. Sun, 7 Feb, 2010 06:00:00 EST Extension likely for COBRA subsidy http://businessinsurance.com/article/20100207/ISSUE01/302079977 WASHINGTON—Experts say employers should brace for another extension of the federal subsidy of COBRA health insurance premiums for involuntarily terminated employees, with the president and top Senate Democrats adding their support last week. Sun, 7 Feb, 2010 06:00:00 EST In Brief http://businessinsurance.com/article/20100207/ISSUE01/302079978 MetLife Inc. said it is in talks with American International Group Inc. to acquire AIG unit American Life Insurance Co. Sun, 7 Feb, 2010 06:00:00 EST Insurance options available for reputational risk exposures: Panel http://businessinsurance.com/article/20100207/ISSUE01/302079979 DEAUVILLE, France—Reputation risk is difficult to measure, but it is insurable if considered carefully, according to panelists at the Association pour le Management des Risques et des Assurances de l'Entreprise annual conference late last month... Sun, 7 Feb, 2010 06:00:00 EST How do we fare on political risk? http://businessinsurance.com/article/20100207/ISSUE0401/302079983 While numerous comparisons have been made between the current economic crisis and the Great Depression of the 1930s, one element that has been absent this time around is the political upheavals that came after the earlier crisis. Sun, 7 Feb, 2010 06:00:00 EST Employers seek easing for pension funding rules http://businessinsurance.com/article/20100207/ISSUE01/302079984 WASHINGTON—Employers are making a new pitch to Congress to temporarily ease pension funding rules amid signs of new administration and congressional interest in backing the relief. Sun, 7 Feb, 2010 06:00:00 EST Older workers warrant researchers' attention http://businessinsurance.com/article/20100207/ISSUE04/302079981 Too little is known about how workers manage job demands as they age and begin to lose physical and cognitive abilities. Sun, 7 Feb, 2010 06:00:00 EST DB plans outperform 401(k)s: Study http://businessinsurance.com/article/20100207/ISSUE01/302079982 Defined benefit pension plans are consistently earning higher rates of return than 401(k) plans, according to a new analysis. Sun, 7 Feb, 2010 06:00:00 EST Liberty Mutual sues former executives, Aspen Insurance http://businessinsurance.com/article/20100207/ISSUE01/302079986 NEW YORK—Liberty Mutual Group Inc. has filed suit against Hamilton, Bermuda-based Aspen Insurance Holdings Ltd. Sun, 7 Feb, 2010 06:00:00 EST Products & Services http://businessinsurance.com/article/20100207/ISSUE0502/302079985 CHICAGO—Aon Benfield Fac has launched FAConnect, an electronic facultative reinsurance brokerage platform that is accessible through a Web portal. Sun, 7 Feb, 2010 06:00:00 EST 'The Boss' objects to suit adding his John Hancock http://businessinsurance.com/article/20100207/ISSUE0504/302079987 Maybe the American Society of Composers, Authors and Publishers should have checked with the rock legend revered by fans as The Boss before they added his name to a lawsuit alleging copyright infringement. Sun, 7 Feb, 2010 06:00:00 EST Rock bands' Camel challenge up in smoke http://businessinsurance.com/article/20100207/ISSUE0504/302079988 The First Amendment won in a battle between indie rock bands and Rolling Stone magazine over Camel cigarettes. Sun, 7 Feb, 2010 06:00:00 EST Wrong kind of figures grabbing workers' eyes http://businessinsurance.com/article/20100207/ISSUE0504/302079989 Ever wonder why the Securities & Exchange Commission missed some of the warning signs of the financial meltdown? Sun, 7 Feb, 2010 06:00:00 EST Texting bans drive past safety lane http://businessinsurance.com/article/20100207/ISSUE0504/302079990 Several states have banned talking on hand-held devices and texting while driving, but a recent study on the laws' effect might spark debate over the dangers of engaging in these activities while driving. Sun, 7 Feb, 2010 06:00:00 EST Much to consider about COBRA subsidy law http://businessinsurance.com/article/20100207/ISSUE0202/302079991 THERE ARE SEVERAL pros and cons for Congress to weigh when it considers extending the law that temporarily subsidizes COBRA premiums of employees who are involuntarily terminated and want to keep health insurance offered by their former employers. Sun, 7 Feb, 2010 06:00:00 EST Budget should not cut terror program funds http://businessinsurance.com/article/20100207/ISSUE0202/302079992 FEDERAL BUDGETING is an inexact science at best, but the way the Obama administration's proposed budget treats the terrorism insurance backstop doesn't even approach a scientific method. Sun, 7 Feb, 2010 06:00:00 EST Administration plan to raise TRIA deductibles, kill domestic-origin cover won't fly: Observers http://businessinsurance.com/article/20100207/ISSUE01/302079993 The Obama administration's plan to scale back the federal terrorism insurance backstop appears unlikely to become reality, industry observers say. Sun, 7 Feb, 2010 06:00:00 EST Schillerstrom http://businessinsurance.com/article/20100207/ISSUE0203/100209943 Sun, 7 Feb, 2010 06:00:00 EST More pro-employee laws on the way? http://businessinsurance.com/article/20100207/ISSUE01/302079994 Many expected the Lilly Ledbetter Fair Pay Act of 2009, which President Barack Obama signed into law as one of his first acts in office, to be the first of a series of new pro-employee laws. Sun, 7 Feb, 2010 06:00:00 EST Employers urged to save pay documents http://businessinsurance.com/article/20100207/ISSUE01/302079995 The Lilly Ledbetter Fair Pay Act of 2009 has led many employers to re-examine their document retention policies to be prepared should they be sued under its provisions, but some experts say more work needs to be done. Sun, 7 Feb, 2010 06:00:00 EST Saving plans tap social media http://businessinsurance.com/article/20100207/ISSUE01/302079996 At the Teachers Insurance and Annuity Assn., College Retirement Equities Fund, retirees can view a password-protected Web site that enables people to talk about retirement issues. Sun, 7 Feb, 2010 06:00:00 EST Lloyd's eyes opening http://businessinsurance.com/article/20100207/ISSUE0505/302079997 Lloyd's of London sees an opportunity to grow its business in France and has appointed a new branch manager in Paris to lead the market's efforts, which include expanding access for French brokers. Sun, 7 Feb, 2010 06:00:00 EST International standard seen as framework for ERM programs http://businessinsurance.com/article/20100207/ISSUE01/302079998 DEAUVILLE, France—Development of the ISO 31000 standard for risk management should enable organizations to create a risk management culture, according to panelists at the Association pour le Management des Risques et des Assurances de l'Entreprise... Sun, 7 Feb, 2010 06:00:00 EST