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Risk Management

Transferring environmental liability

Transferring environmental liability Britt, Scott In the past, environmental liabilities were notorious for killing business deals. Most businesses didn’t know how to handle their own liability issues, much less take on someone else’s. With the abundance of merger and acquisition activity taking place across all industries, it may seem that environmental liability is not a […]

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Risk Management

Building a Quality Claims Management Program, The

Principles of Six Sigma: Building a Quality Claims Management Program, The Lipscomb, Brad In the 1980s, engineers for Motorola, Inc. began a project to dramatically improve the company’s quality monitoring processes. Deciding that its traditional method, which measured the number of manufacturing defects that occurred per thousands of opportunities, was insufficient, the engineers enhanced the […]

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Risk Management

Health plan reforms

Health plan reforms Rooney, John Brazil is the largest private health insurance market in Latin America and the recent promulgation of Law No. 9,656 and Provisional Measure No. 1,665 will significantly change this market’s rules. Latin America’s health markets have been undergoing a regulatory revolution. In some countries, this change has taken the form of […]

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Risk Management

iPhone’s Full Circle of Irony, The

iPhone’s Full Circle of Irony, The Coffin, Bill Upon its debut this summer, the Apple iPhone took the world by storm as the sexiest piece of personal technology since Apple last turned things upside down with its now-ubiquitous iPod. The iPhone, which marks Apple’s first venture into the telecom market, kicked off with an exclusive […]

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Risk Management

Dangers of Bioaccumulation, The

Dangers of Bioaccumulation, The O’Rourke, Morgan In today’s world, any responsible company is well aware of the risks associated with pollution. A host of laws regulate the environmental impact of business’ operations, and keeping track of compliance with these regulations is a given for any risk manager. Of course, it is obvious that smokestacks spouting […]

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Risk Management

Understanding the novelties of insurance with financial transactions

Understanding the novelties of insurance with financial transactions Cohen, David A large, reputable finance institution makes a loan secured by assets that are insured by a policy with an unconditional waiver of defences. An insurance company issues a surety bond covering the routine delivery of oil and natural gas, but not providing financial guaranty coverage […]

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Risk Management

new ISO general liability form, The

new ISO general liability form, The Joudrey, Paul In December 2001, the Insurance Service Office (ISO) implemented major changes to its general liability forms and endorsements. Although driven by concern about electronic and Internet-related perils, these revisions also address diverse issues such as the 1995 Montrose Chemical case, construction defects, negligent supervision litigation, additional insureds, […]

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Risk Management

Yellow Pages

Yellow Pages The cardinal rule of risk management is to deal with a problem before it ever starts. Unfortunately, disasters happen all the time and not every company is prepared to address the consequences which could ultimately threaten the entire existence of the organization. To guard against that threat, the Disaster Recovery Yellow Pages proves […]

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Risk Management

PRODUCT LIABILITY GOES GLOBAL

PRODUCT LIABILITY GOES GLOBAL Ross, Kenneth Product liability concepts, which were developed in the United States in the early 1960s, leapt across the ocean in 1985 when the European Union adopted the legal concept of strict liability. Despite this development in Europe, in the last 20 years, litigation has not occurred with much frequency. However, […]

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Risk Management

NEW STRATEGIES FOR REPUTATION MANAGEMENT

NEW STRATEGIES FOR REPUTATION MANAGEMENT Shelf Life NEW STRATEGIES FOR REPUTATION MANAGEMENT ANDREW GRIFFIN This recent book is a clear and concise guide to managing reputation and handling crises by Andrew Griffin, who as managing director of crisis and issues management agency Regester Larkin, has advised BT, Shell Chemicals and other companies that by their […]