May 17
Stress Inside and Outside the Workplace
Part I of III: Excerpted from the forthcoming book Stress in the American Workplace
by Don DeCarlo and Deborah H. Gruenfeld
In the opening chapter, Dr. Hans Selye first defined stress as the “non-specific” response of the body to any demand made upon it. With the passage of time, Dr. Selye came to define stress as “the rate of wear and tear on the body. Still later in his career, Dr. Selye was again asked to define stress and responded, “Everyone knows what stress is, but nobody really knows.” These words sound vaguely familiar to the comment of “I know it when I see it” first used by United State Chief Justice Potter Stewart in 1964 to describe his threshold test or obscenity in Jacobellis v. Ohio.
Mitch Gets the Hitch As Next Stimulus Package Is Unwrapped
U.S. Senate majority leader Mitch McConnell has called for stronger Federal measures to protect front-line health workers and business in general from what he said could become the “biggest trial lawyer bonanza in history”, as suits mount to pursue damages claims caused by the Covid-19 pandemic. During a time when opportunism (“never let a crisis […]
Insurers’ donation provides relief to Big ‘I’ members
The Independent Insurance Agents & Brokers of America (the Big “I”) has announced that Foremost® Insurance and Bristol West® Insurance have donated $500,000 to the Trusted Choice® COVID-19 Relief Fund in response to the economic and operational challenges the coronavirus crisis has presented to independent agencies. The grant will be dispersed directly to independent agencies […]
Telemedicine
By Sue C. Quimby, CPCU, AU, CIC, CPIW, DAE – Assistant Vice President/Media Editor The use of telecommunications during a pandemic or other disaster offers opportunities for many businesses to continue their operations, and even expand the services they provide. However, proper attention to security is essential when utilizing telecommunications. The healthcare industry is especially […]
Axa XL launches commercial umbrella program
by Matthew Lerner XL’s global risk management and North America excess casualty business units now offer Multipass, aimed at helping U.S.-domiciled multinational businesses efficiently address their tax/compliance regulations and contractual obligations, Axa XL, a division of Axa SA, said in a statement Thursday. The coverage combines an international controlled master program with an umbrella liability […]
How New Technology Will Shake Up the Future of the Insurance Industry
By David Lundgren The insurance industry is starting to embrace modernization, shifting from hands-on manual efforts to an automated digital approach with the potential to unlock millions in value. We’re on the cusp of a technological revolution where new insurtech advancements are starting to transform and disrupt this traditional industry, becoming the standard for productivity […]
SUM Coverage Is Offset By Recovery From Tortfeasor
New York’s Appellate Division, Second Department, cleared up a question which apparently needed clarification: when an injured party receives a SUM award from an arbitrator, that award gets offset by whatever recovery the claimant made from the tortfeasor.In Matter of Merchant v State Farm Ins. Company, 2020 NY Slip Op 01917 (Decided on March 18, […]
I’m Not a Carjacker – I was Only Helping an Insurance Fraud
Positing one of the most ridiculous defenses and ground for appeal, Dajuan D. Bowie (the “Defendant”) after he was convicted of car jacking and armed robbery, claimed he was not truly a criminal because he was fooled into believing that he was helping commit insurance fraud, forgetting that insurance fraud is also a felony. In […]
