Boards need to reappraise their approaches to risk management to take full advantage of the opportunities presented by the so-called Fourth Industrial Revolution, according to a new report for Airmic prepared by the CASS Business School.
Cal Fire investigators said Friday that equipment owned and operated by PG&E ignited 12 wildfires that raged in hot, dry weather and high winds across Northern California in October, charring hundreds of square miles in Sonoma County and beyond, destroying thousands of structures and killing 18 people.
A Pennsylvania trucker who struck and killed a motorcyclist while the truck driver allegedly watched a football game on his cellphone was charged with homicide by vehicle, police said.
Law firm Stark & Stark announced that it has obtained a verdict of $1.2 million in compensatory damages for Kelley Mahan, a passenger in a Toms River car accident. Prior to trial, the insurance company had offered only $15,000 to settle the case; however, the jury determined that Ms. Mahan would receive 80 times that sum as compensation for her injuries.
Insurance Commissioner Dave Jones announced today he has approved the first Cannabis Business Owners Policy (CannaBOP) in the State of California. The American Association of Insurance Services (AAIS) designed the new CannaBOP program for cannabis dispensaries, storage facilities, processors, manufacturers, distributors, and other cannabis-related businesses operating in the state.
On March 26, 2018, the Washington State Court of Appeals held in a published and binding decision that an individual insurance claims professional may be liable for bad faith and Consumer Protection Act violations.
Imagine finding out that one of the sample packs of birth control pills that your doctor gave you could actually result in pregnancy. Pharmaceutical company Allergan announced a nationwide voluntary recall of Taytulla soft gel oral contraceptive capsules1mg/20mcg sample packson May 29 after learning that four "non-hormonal" placebo capsules (aka, sugar pills) had inadvertently been placed out of order.
Fatigue and sleepiness are inherent safety risks for ridesharing drivers and their passengers, the American Academy of Sleep Medicine declares in a recent position statement.
Society has gone from risk-averse to risk-intolerant. It is hard to participate in any activity without being asked to read and sign some sort of release, exculpatory agreement, or liability waiver in advance.
Already at the mercy of mounting legal bills, embattled former film producer Harvey Weinstein also has to contend with his insurers – which have not only denied him coverage for legal costs, but have also launched lawsuits of their own against him.
A massive task was at hand Wednesday night as crews worked to dismantle a crane that somehow toppled over and fell on two homes in Lauderhill causing minor injuries to two people.