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From Charlie Sheen’s recent, eccentric behavior to Lindsay Lohan’s run-ins with the law to Tiger Woods’ reputation damage, insuring the rich and famous (and sometimes out of control) has never been easy. PropertyCasualty360.com takes us on a wild ride to look at specific insurance issues that affect those with a lot of money and, sometimes, [...]
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Here it is: RiskCast episode 7 — for your listening pleasure. Listen to the staff of Risk Management magazine discuss newsworthy events. Topics covered include the West Virginia coal mine disaster, an employee strike at the Carlsberg brewery plant, airlines charging for carryon baggage and bathroom usage and the link between Tiger Woods and reputation [...]
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If it wasn’t for Tiger Woods’ scandalous infidelities, we may have never gotten the announcement we did this morning: the launch of reputation risk insurance. Launched by DeWitt Stern, the 110-year-old risk management and insurance brokerage firm, the coverage will work to protect brands, corporate entities and advertisers against losses spawned by reputational risk crises. [...]
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The swine flu vaccination for children isn’t strong enough, so it’s being recalled. Despite yesterday’s passage of Wall Street Reform and Consumer Protection Act (HR 4173) in the House, regulators across the globe are still dragging their feet on financial sector reform. Paul Volcker continues to tell everyone who will listen — and even those who [...]
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