Discussed in this report a 2014-15 P&I underwriting profit for the mutual market; at the same time IUMI have just reported that 2014 is a profitable year for the hull market: the first one since 1995.
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The U.S. Food and Drug Administration (FDA) recently issued its final Preventive Controls for Human Food rule. This final rule will require FDA-regulated food facilities to re-examine their food safety programs, in particular their product recall plans, in a push to be compliant with the Food Safety Modernization Act (FSMA). Effectively, food facilities must comply with these new requirements in the next 12-24 months, although it is expected that many companies will begin to implement the necessary revisions to their programs in advance of the enforcement dates.
This informative webinar designed to offer timely advice and discussion to help employers understand what to do when their health insurance provider is hacked and their employee personally identifiable information (PII) and protected health information (PHI) is exposed.
After several delays and missed deadlines, and an unprecedented level of public comment and outreach by FDA to industry, several significant rules required by the Food Safety Modernization Act (FSMA) are now being finalized and issued. In mid-September 2015, the FDA published the Preventive Controls for Animal Food rule, which provides baseline Current Good Manufacturing Practices (CGMPs) for producing safe animal food and which take into account the unique aspects of the animal feed industry, providing flexibility for the diversity of facilities in this space. The rule also requires such animal feed facilities to implement a written food safety system.
After several delays and missed deadlines, and an unprecedented level of public comment and outreach by FDA to industry, several significant rules required by the Food Safety Modernization Act (FSMA) are now being finalized and issued. In mid-September 2015, the FDA published the Preventive Controls for Human Food rule, which, at its core, requires FDA-regulated food facilities to implement a written food safety system.
An organization’s reputation takes years to build. But every company is only one disaster away from a temporary financial downfall or in some cases, permanent financial ruin. The risk of reputational harm is a common thread across every industry. This Whitepaper discusses some examples of companies that have experienced reputational harm.
A concussion is a type of traumatic brain injury that is caused by a bump, blow or jolt to the head. Concussions can also occur from a fall or blow to the body that causes the head and brain to move rapidly back and forth, causing the brain to bounce around or twist inside the skull. Even what seems to be a mild bump to the head can be serious. The severity of the concussion is based on the symptoms displayed and the duration.
Insuring punitive damages has been a “dicey” question for the insurance market for years, since the modification of social opinion of judges and juries has made the awarding of punitive damages, in addition to compensatory damages, an enormous threat to the viability of a business or organization found negligent. Review this chart, provided by Jones Walker, regarding the “availability” of punitive damages in different scenarios given recent developments in case law.
June 30, 2015, the US Department of Labor issued a proposed change in the salary test related to exemption from the overtime requirements of the Fair Labor Standards Act (FLSA). The new rules will extend overtime pay to nearly 5 million more workers...
Get a glimpse of the data and strategic insight of Gallagher's 2015 Benefits Strategy & Benchmarking Survey - with over 3,000 participating organizations - by downloading the Executive Summary.