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Sep. 10, 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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3 steps to successful risk management
TrainingZone
Every project, whatever its size or complexity, carries with it a degree of uncertainty. Successful project managers understand this. They anticipate potential threats and have plans in place to manage any risks, should they occur. Risk management requires a high level of project management skills and it is one of the areas that many project managers find the most challenging. Good project management training and project management courses cover the essential skills that will support project managers to achieve all of their project's objectives, whilst managing any risks.
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Reinsurers mull response to growing competition
Reuters
Investment funds looking for higher yields in a low-interest rate environment have funneled billions of dollars in recent years into so-called "catastrophe bonds", which are sold by insurers to share the risk they take on for natural disasters. Reinsurers, whose business is to help shoulder the risks faced by insurers in exchange for part of the profit, have seen their pricing power diminish and their relevance threatened.
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Facebook proves valuable as damage control tool
BusinessNewsDaily
Facebook is more than just a powerful tool for building your brand, promoting your business and engaging customers; it can also help you with damage control. When an organization is faced with a crisis, using Facebook as a public relations tool can significantly improve the organization's overall image, a new study finds. The study, conducted by Seoyeon Hong, a doctoral candidate at the University of Missouri School of Journalism, and Bokyung Kim, a professor at Rowan University in New Jersey, found that narrative status updates posted directly by an organization on Facebook have a positive impact on users during a crisis.
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5 reasons every employer needs an employee handbook
By D. Albert Brannen
The days of believing that a handbook can cause more harm than good are long gone. In today's business environment, a handbook serves both as a sword to carve out your legal rights, as well as a shield to protect them. A handbook sets expectations, encourages employees to behave in certain ways, helps ensure employees are treated consistently, publicizes employee benefits and helps win unemployment claims and lawsuits. These are just a few of the reasons why every employer, regardless of the number of employees, should have one.
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Industry Pulse: What kind of employee handbook does your company offer?
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Are US schools failing risk management standards?
PropertyCasualty360
The most recent annual school disaster-planning report card from the Save the Children foundation shows that the number of states fully meeting each principle has increased from four in 2008 to 17 in 2012. But, 66 percent U.S. states are still not prepared to protect their young charges in the case of a disaster.

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Top performers dating despite company policy: What should HR do?
HR Morning
Periodically, HR Morning asks three HR pros how they'd handle a difficult situation at work. Today's problem: A company's best employees have just been linked romantically — which is against company policy.

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Managing small business risk
The National Law Review
As any risk manager can tell you, risk knows no market segment. Large businesses with their multi-million dollar losses may get more attention but small- and medium-sized enterprises face risks as well.

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Social media analytics can help reduce legal risks
CMS Wire
One way that social media analytics can be of help is in managing legal risk. There are a number of types of legal risks that companies face on a regular basis — intellectual property risks, labor law violations, contract issues, e-Discovery and confidentiality breaches — but all are made worse when the organization is unaware of them. In legal situations, to be surprised is to be at a disadvantage.
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Religion in workplace increasingly diverse; comes with potential pitfalls
The Huffington Post
The American workplace, like the rest of U.S. society, is becoming more religiously diverse and that is raising concerns about employer accommodations for believers — and increasing the odds for uncomfortable moments around the water cooler. Yet one potential flashpoint among workers does not involve new immigrant faiths but rather two indigenous communities: white evangelicals and unaffiliated Americans who constitute one of the fastest-growing segments of the population.
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Economy added 169,000 jobs in August as the recovery grinds along
The Washington Post
The U.S. economy added a disappointing 169,000 jobs last month, according to government data recently released, a grinding pace that could alter the Federal Reserve’s plans to pull back on its stimulus program. The Labor Department's monthly estimate of hiring was weaker than many analysts had expected and offered little clarity about the direction of the economy. Although the unemployment rate dipped slightly to 7.3 percent, the drop was the result of people leaving the work force. The report marked the lowest labor force participation rate since 1978.
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Analysis: Reputational risk in the supply chain
Forbes India
While it has long been known that corporations face reputational risk related to their own operations and the behavior of their employees, they are increasingly being held to account for the operations and behavior of their suppliers as well 3 a fact recently brought home by the collapse of the Rana Plaza garment factory building in Bangladesh. In the following, research Fellow Amanda Moss Cowan looks at the implications.
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3 easy cyber security precautions your small business should take today
The Huffington Post
For years, small businesses have avoided dealing with cyber security. They have thought of it as a problem for big retailers, big financial institutions and big government. Until now, small business owners and managers have felt safe because they weren't large enough to draw the attention of attackers. But, in what seems like the blink of an eye, all that has changed.
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TRENDING ARTICLES
Missed last week's issue? See which articles your colleagues read most.

    Managing small business risk (The National Law Review)
Keep the profit, reduce taxes, protect assets: Own your own insurance company (By David B. Mandell, JD, MBA, and Carole Foos, CPA)
SEC: Critical business continuity tests lacking in run-up to Sandy (Risk)
Study: Disclosed risk not linked to business performance (The Canadian)

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Colby Horton, Vice President of Publishing, 469.420.2601
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