The Risk Management Blog
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In the most recent issue of Business Insurance, Competitive Enterprise Institute senior fellow Eli Lehrer offers his thoughts on why exactly a federal natural catastrophe backstop would be a very, very bad idea. The CEI has been carpet bombing trade and mainstream media outlets in a nonstop campaign to tell anybody who will listen that [...]
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Though CIT Group, a New York-based commercial lender, provides loans to only small and medium-sized businesses, it is still a major player in the lending game, a major player with some major financial troubles. And apparently, the government doesn’t think it’s big enough to qualify for a governement-iniated rescue. Because of this, it is likely the troubled firm will [...]
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Everyone who files for independent health insurance is required to fill out an application that lists all pre-existing medical conditions. But what if you fail to mention the fact that you have acne? Or a slightly enlarged blood vessel (which is so non-life-threatening that your doctor doesn’t even mention it to you after a cat scan)? Failure to [...]
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