Business Insurance - _Risk Management http://businessinsurance.com/section/news06 http://www.businessinsurance.com en-us Wed, 23 Apr 2014 12:14:45 EST 10 Damages phase of BP Gulf spill trial set for January http://businessinsurance.com/article/20140423/NEWS06/140429929 20140423/NEWS06/140429929 (Reuters) — The high-stakes penalty phase of BP P.L.C.'s trial over its role in the 2010 U.S. Gulf of Mexico oil spill will start next January, court officials said on Tuesday, and billions of dollars could be on the line. Wed, 23 Apr 2014 10:19:38 EST GM seeks U.S. court protection against ignition lawsuits http://businessinsurance.com/article/20140422/NEWS06/140429957 20140422/NEWS06/140429957 (Reuters) — General Motors Co. filed a motion in a U.S. court to enforce a bar on lawsuits stemming from ignition defects in cars sold before its 2009 bankruptcy as it fights proposed class action litigation that seeks to set aside the restriction. Tue, 22 Apr 2014 11:02:56 EST PRIMA to train government risk managers on ISO 31000 standard for ERM http://businessinsurance.com/article/20140421/NEWS06/140429976 20140421/NEWS06/140429976 The Public Risk Management Association is developing a program aimed at training a group of government risk managers to train others in the public sector on implementing enterprise risk management using the ISO 31000 standard. Mon, 21 Apr 2014 15:17:57 EST GM says recalled cars safe, but has not tested for knee-bump danger http://businessinsurance.com/article/20140418/NEWS06/140419835 20140418/NEWS06/140419835 (Reuters) — General Motors Co. Fri, 18 Apr 2014 12:20:18 EST Auto air bag maker Continental named in GM recall suit http://businessinsurance.com/article/20140418/NEWS06/140419836 20140418/NEWS06/140419836 (Reuters) — Plaintiffs lawyers are seeking to draw Continental Automotive Systems U.S., the maker of air bag systems in recalled General Motors Co. vehicles, into litigation over an ignition-switch defect that has been linked to 13 deaths. Fri, 18 Apr 2014 11:58:48 EST This week's Top 10 features on BusinessInsurance.com http://businessinsurance.com/article/20140418/NEWS06/304189999 20140418/NEWS06/304189999 Find out which of this week's features on BusinessInsurance.com were the most popular. Fri, 18 Apr 2014 06:00:00 EST Vermont captive insurer law updated to allow 'dormant' status http://businessinsurance.com/article/20140417/NEWS06/140419858 20140417/NEWS06/140419858 Vermont Gov. Peter Shumlin has signed a bill updating Vermont’s captive insurer law, including the creation of a “dormant” status for captives that have ceased operation but might be used to finance risk again in the future. Thu, 17 Apr 2014 13:27:59 EST GM exploring compensation program for ignition-switch victims: Lawyer http://businessinsurance.com/article/20140417/NEWS06/140419859 20140417/NEWS06/140419859 (Reuters) — A lawyer for General Motors Co. said for the first time Wednesday that the company is moving to develop a program that could compensate individuals affected by a faulty ignition switch in millions of recalled vehicles. Thu, 17 Apr 2014 11:55:54 EST Companies can't litigate secretly to protect image: Appeals court http://businessinsurance.com/article/20140416/NEWS06/140419877 20140416/NEWS06/140419877 (Reuters) — In a victory for consumers, a federal appeals court on Wednesday directed that litigation about a product linked to the death of an infant be made public, saying the manufacturer could not keep the details secret to protect its image. Wed, 16 Apr 2014 15:22:30 EST GM to seek court protection against ignition lawsuits http://businessinsurance.com/article/20140416/NEWS06/140419885 20140416/NEWS06/140419885 (Reuters) — Signaling a tougher stance toward legal claims stemming from its recent recall over faulty ignition switches, General Motors Co. said it will ask a U.S. court to bar lawsuits related to actions before its 2009 bankruptcy. Wed, 16 Apr 2014 11:58:21 EST