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Sep. 17, 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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In emerging markets, some c-suites struggle to compete
Fox Business
While multinationals continue to seek out attractive emerging markets, a new report shows many still struggle to compete with powerful local businessmen. It's an age-old problem of big multi-billion-dollar companies: Entering new markets ill prepared and unfamiliar with local laws and customs.
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ERM's frequent missing link: A strong risk culture
ABA Banking Journal
Effective risk management is hard. To get it right, a bank must combine several elements into a coherent capability that helps management make better tradeoffs of risk and opportunity in everyday decision-making. A strong risk culture is by far the most important element of effective risk management. Unfortunately, it is by far the most neglected element in banking.
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Catastrophe bond market may hit $23 billion by end of 2016
Artemis
The catastrophe bond market, currently providing somewhere between $16 billion and $18 billion-plus of protection dependent on who you ask, could see rapid growth over the next three years. GC Securities, the ILS and capital markets arm of broker Guy Carpenter, projects that it could reach as much as $23 billion by the end of 2016.
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When hitting 'delete' sends you to court
HR Morning
Did this company purposefully delete sensitive emails regarding a staffer's discrimination complaint? Jennifer Hixson, who worked for the city of Las Vegas, filed a complaint with the Nevada Equal Rights Commission. During the lawsuit, Hixson raised a stink because the company was unable to produce an email chain from April 2010 about her harassment allegations. The company responded that it had no intention of destroying evidence: Company policy stated that all emails more than 45 days old were automatically deleted unless saved to a folder.
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10 tips for preventing online credit card fraud
Small Business Trends
Online businesses face a unique challenge because all purchases are made as a "card not present" transaction. But there are red flags to look out for and security measures to put in place that will help minimize losses from online credit card fraud.

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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.

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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.

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Colorado businesses often don't have enough insurance for flooding
Denver Business Journal
Many Colorado business owners are scrambling to check their flood insurance coverage as rain continues to fall and flash flooding forces evacuations and emergency rescues in several areas of the state. Unfortunately, flood insurance coverage is often "last on the list" for small business owners, and even if they do have some flood coverage, they may not have all that they need, said Carole Walker, executive director of the Rocky Mountain Insurance Information Association.
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Looking for similar articles? Search here, keyword(s): National Flood Insurance Program.


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The importance of medical bill review in workers compensation
WorkersCompensation
Risk managers and workers' compensation claim managers normally know the purpose of medical bill review is to reduce medical bills to the state fee schedule or to the previously agreed amounts with the medical provider network. A good medical bill review company provides many more services. Unfortunately, many workers' compensation insurance professionals do not understand all the services a medical bill review company can offer.
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Payroll fraud: A big threat and how to avoid it
Forbes
Make no mistake. Payroll fraud is real. According to the Association of Certified Fraud Examiners, it's the number one source of accounting fraud and employee theft. The reality is payroll fraud is not preventable, but is catchable. Anyone can steal at any time. The key is catching it and minimizing the risk. The best way in doing so is to reconcile your payroll at least quarterly with someone other than the person who runs your payroll.
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Tackling complexity in multi-tiered supply chains
MSDynamicsWorld
The modern-day supply chain is a complex, multi-tiered network that's made up of continuously evolving relationships with thousands of suppliers around the world. Tackling this level of complexity and keeping risk at bay is not easy for organizations and even those that use enterprise-wide software platforms face challenges in this realm.
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Can immigration speed the economic recovery?
CBS News
Cities and towns across the U.S. struggling to recover from the Great Recession could benefit from a key force for economic renewal: Immigrants. Foreign-born residents, who now account for one in eight Americans, are boosting job growth, raising home prices and more broadly helping to revive thousands of economically distressed communities, according to a new report by the Americas Society/Council of the Americas and the Partnership for a New American Economy.
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TRENDING ARTICLES
Missed last week's issue? See which articles your colleagues read most.

    3 steps to successful risk management (TrainingZone)
Religion in workplace increasingly diverse; comes with potential pitfalls (The Huffington Post)
Facebook proves valuable as damage control tool (BusinessNewsDaily)
Reinsurers mull response to growing competition (Reuters)

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