Top News
Eliot Spitzer and the Decline of AIG
Wall Street Journal (05/16/08) P. A13 ; Freeman, James
This opinion piece notes that after three years under former Attorney General...
Polar Bear Gains Protection as a Threatened Species
New York Times (05/15/08) P. A19 ; Barringer, Felicity
Federal government officials say designating polar bears as an endangered species...
Measles Threat Becomes Real
Olympian (WA) (05/14/08) ; Brenner, Keri
In the wake of a measles outbreak in Grant County, Wash., health officials are...
Market Data
Allstate's Legal Woes Spark Rally for Put Contracts
Wall Street Journal (05/16/08) P. C5 ; Tracy, Tennille
The Florida appeals court ruling that Allstate could no longer underwrite insurance...
Insurers Little Hurt by Quake: Rating Agencies
Business Insurance (05/16/08)
According to Moody's Investors Service and Fitch Ratings, property developers...
Sink: Hope Exists for State's Economy, But Relief Not Instant
Naples Daily News (FL) (05/15/08) P. E1 ; Bishop, Katy
On May 15 at the Greater Naples Chamber of Commerce, Florida Chief Financial Officer...
Many Companies Unprepared for Climate Change: Study
Business Insurance (05/15/08) ; Veysey, Sarah
Atradius N.V. recently surveyed more than 600 companies in Belgium, France, Germany,...
Fed Officials Say Economy May Remain Sluggish for Some Time
Wall Street Journal (05/14/08) P. A16 ; Reddy, Sudeep
Federal Reserve Chairman Ben Bernanke predicts that conditions in the financial...
Bernanke: Market Needs Industry Help
American Banker (05/14/08) P. 4 ; Sloan, Steven
Federal Reserve Board Chairman Ben Bernanke says the Fed's liquidity measures...
Number of Insurers in State on Rise
Charleston Post and Courier (05/14/08) P. B9 ; Hull, Peter
Unlike Florida, South Carolina opted for a free-market approach to coastal insurance...
Legislative and Regulatory Updates
House Tweaks Insurance Bill
Baton Rouge Advocate (LA) (05/14/08) ; Ballard, Mark
The Louisiana Committee for House and Governmental Affairs has approved amended...
Good Moves on Insurance
New Orleans Times-Picayune (05/16/08)
According to this editorial, Louisiana lawmakers should pass Senate Bill 44 and...
Basel II Advanced Approach Supported
American Banker (05/15/08) P. 20
Federal Reserve Board Gov. Randall Kroszner supported the advanced measurements...
More Responsibility for Insurance Firms
Richmond Register (05/15/08) ; Shannon, Ronica
According to the Kentucky League of Cities (KLC), one of the most important insurance...
As Flood Season Approaches, Pawlenty Signs Insurance Disclosure Legislation
Fox 9 News (Twin Cities, MN) (05/12/08)
Standard homeowners' policies do not include flood coverage, and recent flooding...
Legal Matters
Judge: Countrywide Shareholders' Suit Can Proceed
BusinessWeek (05/15/08) ; Veiga, Alex
Several pension funds suing Countrywide Financial executives and directors over...
Court Hears More Claims of Vaccine-Autism Link
New York Times (05/13/08) ; Harris, Gardiner
The United States Court of Federal Claims commenced the second of three hearings...
Former FDA Official Says FDA Approval Shouldn't Bar Lawsuits
CNN (05/14/08) ; Favole, Jared A.
Former U.S. Food and Drug Administration Commissioner, David Kessler testified...
Risk Management Tools and Best Practices
CoreNet Panel: For Complete Green Strategy, Firms Must Go Mobile
Commercial Property News (05/07/08) ; Gilligan, Eugene
A panel at the recent CoreNet Global Summit urged U.S. corporations to implement...
Reluctant Trainers Must Polish Skills
The Age (05/07/08) ; Arup, Tom
Recent surveys indicate about 60 percent of Australian CEOs believe the coming...
Boomers, Younger Workers Find Common Ground
Arizona Republic (05/05/08) ; Bathurst, Patricia
Many companies and organizations have several generations of employees in the...
Wacky Training: Do Unconventional Methods Really Work?
Training Zone (UK) (04/30/08) ; Smith, Dawn
New training methods can energize employees and keep their attention in ways conventional...
Despite Economic Uncertainty Companies Focused on Growth and Retaining, Developing Key Talent
RiskCenter (04/23/08) ; Conway, Joe
According to a Towers Perrin 2008 Business and Workforce Challenges survey, most...
Ask the Auditor: Helpful Tips on Creating Efficient, Cost-Effective Compliance Audits
Employee Benefit News (05/08) Vol. 22, No. 6, P. 10 ; Denyer, Charles
Compliance audits can be a daunting task for any organization, but there are a...
Reinsurance
Montpelier Welcomes S&P's Removal of Negative Outlook
Royal Gazette (Bermuda) (05/13/08)
Standard & Poor's upgraded Montpelier Re Holdings Ltd.'s outlook to stable from...
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- RIMS 2008 Annual Conference & Exhibition in San Diego introduced new ways to talk about risk. Dynamize. Gun-ho. Razzle-Dazzle. Do these words spark your creativity? Submit your own word here.
- RIMS 2008 Annual Conference & Exhibition in San Diego had it all--dazzling special events, inspiring keynote presentations, mind-blowing educational sessions, and an Exhibit Hall filled with tons of ideas--to help you change the way you talk about risk. If you weren't able to attend, or even if you were, read all about the premier risk management event online at RIMS 2008 Conference Coverage!
- RIMS launches Risk Management Professional Growth Model. New career tool provides risk practitioners with a roadmap to assess various experience levels and corresponding skill sets, and to be used as a guide in professional development. Access the model at www.RIMS.org/Quality.
- Standard & Poor's Issues plans to apply Enterprise Risk Analysis to Corporate Ratings. Find out what your business needs to know here.
- Society presents highest honors to accomplished members and chapters.
- New RIMS/Advisen Broker Services and Remuneration Study finds shifting relationship between insurance buyers and brokers.
- RIMS pledges $10,000 gift to Monarch School in San Diego.
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