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Oct. 3, 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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Social media as a business continuity tool
ITWeb
Social media crises are on the rise, yet 76 percent of them could have been avoided with proper planning and internal investment by companies. It's important that companies understand what a social media crisis is, as well as the value social media provides when it forms part of the company's business continuity management processes.
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Mitigating risks posed by the federal government shutdown
SecurityInfoWatch
Democrats and Republicans on Capitol Hill failed to reach an agreement on a spending plan to fund the federal government by the midnight deadline on Sept. 30, thus beginning a partial shutdown of the government. One of most important things organizations need to do is consider the risks posed to them by a federal government shutdown.
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Looking for similar articles? Search here, keyword(s): Government shutdown risks.


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Chief financial officers taking bigger role in risk management
Business Insurance
Chief financial officers are likely to have a greater role in risk management in 2014, according to research from American Express Co. and CFO Research, which is a part of CFO Publishing L.L.C. Finance executives around the world say they have become more influential as a result of the economic downturn.
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PCS triggers back 24 percent more catastrophe bond risk capital in 2013
Artemis
In the first nine months of 2013 approximately $2.1 billion catastrophe bond risk capital issued was based on a trigger which utilizes data from Property Claims Services. This is 24 percent higher than a year earlier in 2012 when PCS triggers were used in $1.7 billion of cat bond issuance.
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Businesses should have crisis plan in place
The Tennessean
When businesspeople think about crises that might affect their businesses, sudden disasters such as floods and tornadoes are often top of mind. However, less than one-third of business crises are caused by sudden events such as natural disasters and violence in the workplace, according to the Institute for Crisis Management. The other two-thirds are the result of smoldering crises, those that are potentially identifiable, preventable or manageable.
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7 steps you need to take before disaster strikes
American Express OPEN Forum
Having a disaster plan in place can save your business, your livelihood and your employees' jobs.

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Analysis: Business continuity planning and disaster preparedness
REIT
Extreme "weather events" are getting more severe around the nation, and so is the devastation they wreak.

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Flood insurance: Costs rising, claims 'confusing'
NBC News
More homes and businesses in the U.S. are feeling the devastating impact of flooding, as was dramatically demonstrated in Colorado.

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US shutdown seen as boost for emerging markets
Financial News
In a recent research briefing published, Societe Generale argues that the shutdown — which comes amid squabbles in Congress between Democrats and Republicans over U.S. spending plans — could actually benefit emerging markets by leading to a new appetite for risk. The prospect of a U.S. government shutdown could have been perceived as a risk-off signal for global emerging markets ... in fact, to the extent that it may affect Fed policy expectations, this may actually feed through as a risk-on signal for GEM risky assets. What is important to watch is the length of this shutdown and its potential impact on U.S. economic growth.
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Cloudy with a chance of change for supply chains
Fleet Owner Magazine
Trucks play an integral role in moving goods not only within the U.S. but in most other countries as well. Indeed, here in the U.S., trucks haul some 70 percent of all freight tonnage — and that number isn’t projected to change much anytime soon. That being said, though, trucks still yet remain one link the vast supply chains – both domestic and global — that deliver foodstuffs to the grocery store, clothes to the retailer, and raw materials to the factory. And control of those supply chains continues to be increasingly based on data.
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Should I use surveillance in my business?
Small Business Trends
It's a controversial topic these days with privacy issues always looming. But using surveillance in your business may sometimes be a necessity. Dangers to your business and your employees range from the financial to the physical. Should you have surveillance in your business? The following are some things to consider.
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  ACL GRC: Governance, Risk, Compliance Simplified
GRC doesn’t have to be clunky or spreadsheet-intensive. ACL GRC offers a fresh way to help you improve the efficiency and effectiveness of GRC activities. Our cloud-based solution is simple, flexible, cost-effective and suitable for nearly any organization. Watch a quick demo video!
 


New flood insurance program begins
The Advocate
Flood insurance rate hikes for many south Louisiana homes and businesses built prior to the first 1973 federal flood maps will begin being phased in as new changes for the National Flood Insurance Program goes into effect. The Oct. 1 trigger applies to properties — businesses, secondary vacation homes and homes that have been repeatedly flooded — that were grandfathered into artificially lower premiums for flood insurance before flood maps were created. Such affected policyholders will see 25 percent annual premium increases over a few years.
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TRENDING ARTICLES
Missed last week's issue? See which articles your colleagues read most.

    Flood insurance: Costs rising, claims 'confusing' (NBC News)
Managing risk and performance in business (BusinessDay)
Three's company: Governance, risk and compliance (SC Magazine)
Americans losing faith in economic recovery (InvestmentNews)
A better way to compare CEO pay (The New York Times)

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Colby Horton, Vice President of Publishing, 469.420.2601
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