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Jun. 6, 2013


MexiPass International Insurance Services, LLC


MexiPass is the leading MGA, Underwriting Manager & Risk Management Solutions provider for risks of American entities in Mexico.
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Why PSIM should be part of your business continuity plans
IFSEC Global
As we all well know, come rain or shine, business must go on. Yet what are we to do when a center of operations or headquarters is waterlogged and inaccessible, or personnel can't make it to their scheduled posts? Expecting the unexpected and ensuring the appropriate security and contingency plans are in place before an unforeseen emergency is both a challenge and a necessity. From security breaches that can quickly lead to intellectual property theft, to devastating natural disasters and even terrorist attacks, today's public and private organizations face a plethora of new and evolving challenges virtually unheard of as recently as a decade ago.
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Taking a risk on workers' comp
CFO Magazine
Should you retain some or all of your workers' compensation risk? On what basis do you decide? After over a decade of relatively inexpensive WC insurance, the marketplace is hardening. For many companies, higher prices and narrowing coverage availability will affect your upcoming policy renewals.
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Picking up nickels in front of hurricanes
Financial News
These bonds are sold by insurers and absorb losses in the event of natural disasters such as earthquakes or hurricanes. Traditionally, insurers sold such bonds to a few specialist investors and hedge funds, while also passing on such risks through contracts with reinsurance companies. Now, fixed-income investors and pension funds are lining up to buy catastrophe bonds, drawn by the prospect of potentially juicy returns in a low-interest-rate environment. The interest the bonds pay is akin to a premium for an insurance policy.
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SHOWCASE
  LWG Consulting

Forensic Scientists & Engineers

Offices located worldwide

www.lwgconsulting.com

800.326.5075
 


Why the emerging market bull run is over
CNBC
The end of the emerging market bull run is upon us, Societe Generale boldly recently stated. While this may seem an overstatement to some, several other analysts have also turned bearish, forecasting worsening currency and bond outflows. "This is the return of a top-down market, mainly reflecting the surfacing of the global liquidity retrenchment as the major driving force. This is also the end of the GEM [Global Emerging Market] bull market," said Societe Generale's head of emerging market strategy, Benoît Anne, in a recent research note.
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TRENDING ARTICLES
Missed last week's issue? See which articles your colleagues read most.

    Stress leaves a rising source of contention for employers (Reporter Herald)
Workplace violence: Does your program address domestic violence? (Lexology)
Buyers must check risks at all supply chain stages (Supply Management)
Resolve conflict like a pro (Forbes)
Lower risk by integrating ERP and project management (Ferret)

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After Boston, it's time to evaluate your meeting's risk management
MeetingsNet
Two days after the Boston Marathon bombings — and before the suspects had even been publicly identified — a 2,000-attendee health care association convention opened at the Hynes Convention Center. One of the overflow hotels, the Lenox, was near the crime scene investigation area, so a small number of attendees were moved to other properties. But the meeting went on, as did two other citywides held a day after the younger suspect was captured. The question is: What if they had to cancel? That’s where force majeure clauses come into play.
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Looking for similar articles? Search here, keyword: Meeting risks.


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Administration issues workplace wellness program guidelines
Insurance Journal
Employees will be eligible for significantly lower premiums on the health insurance they buy through their employers if they participate in "workplace wellness programs," even if they don't improve their health, said U.S. regulators. The Affordable Care Act, signed into law in 2010, will allow U.S. employers to increase the rewards they offer employees who participate in workplace wellness programs. The goal is to improve employees' health by helping them quit smoking or achieve a healthy weight, and thereby control medical spending.
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SHOWCASE
  Pharmacy Benefit Management

IPS has a comprehensive suite of PBM services structured to provide the highest quality prescription health services at cost containment prices while streamlining and simplifying the claims management process for adjusters. IPS also provides ancillary healthcare services to injured workers and policyholders in need of durable medical equipment and supplies, home healthcare, home therapy including physical, occupational, and speech, and transportation and language services through a single touch point. MORE
 


Your employees could become flight risks in 2014
Real Business
U.K. firms will face a rising talent shortage in 2014 as business confidence revives, according to a Hay Group survey. Britons have been reluctant to leave their current roles due to the turbulent market associated with the economic downturn, government spending austerity and the euro zone crisis, which kept turnover rates at bay. But as conditions improve, dissatisfied workers pose a significant flight risk for all organizations.
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FEATURED ARTICLE
TRENDING ARTICLE
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Linking sustainability to risk management and business opportunity
Eco-Business
Recent media commentary and research papers reflecting on sustainability reporting over 2012 suggests a decline in interest in sustainability across Australia's top companies.

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A step-by-step guide to quantifying, mitigating operational risk
Becker's Hospital Review
"The rapidly changing health care landscape demands a disciplined approach to risk assessment," said Matt Weekley, leader of the national health care industry practice at Plante Moran, during a May 23 webinar hosted by the accounting and consulting firm.

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Stress leaves a rising source of contention for employers
Reporter Herald
For most people, stress just comes with the job. For a growing number of workers, however, that stress is becoming a health problem keeping them from work.

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Integrated plan for risk, capital management can help insurers get through tough times
Forbes
These are not the easiest of times for insurers. While continuing low interest rates make it difficult to earn acceptable returns on invested premiums, the pressure from shareholders to deliver higher share prices remains constant. The situation is made even more complicated by the introduction of new regulations affecting every part of the insurance organization, from sales and underwriting to support functions such as finance, actuarial and risk management.
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Half of Australian business unprepared for remote working risks
Thomson Reuters
More than half of businesses engaging in remote and mobile working are unprepared for the inherent occupational health and safety risks, Sage business management CEO Craig Osborne told HRR. The Sage Australia Business Index 2013 surveyed 400 employers and found 50 percent allowed employees to work remotely. Of those, 88 percent had in place some HR policies around work practices; however an alarming 60 percent said their HR policies were largely informal. Osborne said while remote working is now mainstream, there appeared to be a lag in policy development surrounding the practice.
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Managing social media risks
Business 2 Community
When things blow up on social channels, they seem to really blow up. We certainly don't want everyone to hear about us because of a rogue tweet or a tasteless update. We don't want to become a "what not to do" case study. But the solution isn’t to avoid social media. Instead, the solution is to understand the risks involved in using it and to have a management plan in place. Can you learn from others' mistakes? Absolutely. And when others learn from you, let it be a positive experience.
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Small businesses need disaster recovery plans
TheStreet
Whether it's a tornado, a hurricane or the toilet exploding, small businesses should always have disaster recovery plans in place. Natural disasters are here to stay and the recent devastating tornado that ripped through Moore, Okla. killing two dozen people and injuring hundreds, is a prime example that U.S. weather patterns are becoming increasingly chaotic. Small business owners should be prepared for events they can't control.
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RiskWire
Colby Horton, Vice President of Publishing, 469.420.2601
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