Monthly Archives: <span>January 2011</span>

Cyber Guerillas Present Security Risk with Unpredictable Attacks

If anyone needed proof that cyber activists can create havoc in the real world, the last few weeks have provided evidence in megabytes. Rallying behind WikiLeaks, the thousands of internet activists who made headlines in December by bringing down the …

United Approved in Massachusetts

United Property & Casualty Insurance has been approved to begin writing homeowners and other P/C coverage in Massachusetts. The company is a subsidiary of Florida-based United Insurance Holdings Corp. It is the third state in which the company can now …

Korean Navy Rescues Hijacked Crew; Kills 8 Pirates

The latest news reports have covered the successful rescue of all of the 21 crew members of the South Korean-owned Samho Jewelry by Korean navy commandos. The reports indicate that 8 of the Somali-based pirates, who took over the ship …

Capgemini/Efma Report Urges ‘Re-focusing,’ ‘Operational Efficiencies’

In their recently released 2011 World Insurance Report Capgemini and Efma explore how insurers can “dissect their business to identify opportunities that will make fundamental and lasting improvements to their core operations, with a focus on enhancements to claims transformation. …

New Climate Data from WMO Shows World is Warming

Last year tied for the hottest year on record, confirming a long-term warming trend, the World Meteorological Organization (WMO) said on Thursday, and future warming depended on action to cut greenhouse gas emissions. The first ten years of the millennium …

FERMA VP Spells Out Challenges for 2011

Julia Graham, vice-president of the Federation of European Risk Management Associations (FERMA) examined some of the most intractable issues the insurance industry, and its clients, will be facing in the coming year. Here are her conclusions: — In the context …

Rising Rivers Swamp Another Australian Town

A surging river Thursday flooded and isolated the latest community hit in Australia’s deadly flood disaster, straining a levee serving as the main protection between the muddy waters and residents’ homes. The flooding in Kerang, in the southeast state of …

Best Practices – What Are They

There is much talk in every industry about Best Practices. So what are Best Practices? One definition says: Best practice is a management idea that asserts there is a technique, method, process, activity, incentive or reward that is more effective …

Liberty Life CEO Black Picked to Be New South Carolina Commissioner

South Carolina Gov. Nikki Haley wants David Black, a former executive with Liberty Life Insurance Co., to be the state’s next insurance commissioner. Black served as president and CEO of Liberty Life Insurance Co. from 2004 to 2010. He served …

Republican Strategy: Prune Obamacare ‘Branch by Branch’

Republicans in the U.S. House of Representatives Thursday launched a plan to replace President Barack Obama’s healthcare overhaul “branch by branch” with measures they say would bring down soaring costs. “The tree is rotten, you cut it down. If we …