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November 2, 2009
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  News of the Day 
 
  • IIHS Chief: Research efforts help make roads safer
    Since its inception 50 years ago, the Insurance Institute for Highway Safety has helped to significantly reduce traffic deaths, injuries and property damages -- an achievement not many people recognize, institute President Robert P. Hartwig said. Records show the number of highway fatalities was lower by 6% in 2008 compared with that in 1960, even as the number of licensed drivers, cars and miles driven last year were many times higher than in 1960. National Underwriter (free registration) (11/2) Email this Story
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  Industry Watch 
  • Insurers confident global leaders will forge climate change pact
    As the prospects of forging an international treaty on climate change at the global meeting in Copenhagen next month become bleak, insurance and reinsurance companies remain optimistic world leaders will work out an agreement that would replace the Kyoto protocol and increase greenhouse gas emission targets. "We should have high expectations, but we shouldn't try to overload the boat," an insurance executive said. Business Insurance (11/2) Email this Story
  • P/C insurers hurdle mounting damage claims caused by Chinese drywall
    Property/casualty insurers are studying how they could address the increasing number of home damage claims caused by Chinese drywall, which federal investigators said has high concentration levels of sulfur and strontium. But a report from the Consumer Product Safety Commission shows the chemical levels found in the building material do not pose safety risk as scientists could not establish a direct link between the chemicals and homeowners' health problems. Business Insurance (11/2) , National Underwriter (free registration) (10/30) , Business Insurance (10/30) Email this Story
  • Other News
  Trends & Technology 
  • Constructing green buildings poses new liability risk
    Property/casualty insurers are refusing to cover a potential liability that may arise from constructing new buildings and other properties that do not comply with environmental efficiency standards. "There is certainly going to be litigation coming out soon around this issue, and insurance companies are waiting to see" the outcome before offering any coverage, an industry executive said. Business Insurance (11/2) Email this Story
  • Other News
  Business Leadership 
  • 3 tricks for refocusing distracted workers
    If employees are distracted by uncertain business conditions, leaders need to help them focus by addressing any questions directly and communicating as much information as possible, John Baldoni writes. Also, managers should continually follow up with workers and listen to their concerns but "firmly insist on productivity," he writes. HarvardBusiness.org/Leadership at Work blog (10/29) Email this Story
  • Female leaders find "office mom" role pays off
    More female leaders are turning away from the tough boss persona and embracing the "office mom" role, Laura Sinberg writes. Being emotionally supportive and nurturing can make employees more loyal and hard working, although this strategy only works for male leaders in "extreme" circumstances, she writes. Forbes (10/27) Email this Story
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--Virgil,
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