8 core levers risk managers can use to maximize liability protection

From a liability perspective, managing starts with making good decisions on the front lines.

Read more here:: Property Casualty 360

IDG Contributor Network: Why the Internet of Things without the hardware is just vapor

Imagine it’s a Friday night and you decide to try out a fancy-looking new restaurant in town. You pull up to the front and are greeted by a white-gloved valet and a maître d’ who addresses you by name. The maître ushers you inside and seats you at a white-table-clothed, candle-lit table, complete with gleaming cutlery and crystal glassware. You take in the elegant surroundings while your stomach rumbles at the promise of a decadent meal to come.

But when you ask your server for a menu, you get a puzzling response—

“We’re actually what’s known as a “food agnostic” restaurant, which means you can eat whatever you want.”

“Really? That’s incredible! Well, in that case, I’ll have a sirloin with a side of garlic mashed potatoes and some steamed broccoli.”

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IDG Contributor Network: How to start your first trial engagement with outsourcing

Has the time come for your company to explore software development outsourcing? The potential for cost savings is always attractive, but there are many other good reasons software development outsourcing has been pursued by other companies, including:

  • A large backlog of existing projects, exceeding your staff’s capacity to address
  • Local talent pool challenges – finding and retaining programming talent.
  • A need for new (or even niche) technical skills that are not part of your team’s core skillset.
  • A need to temporarily scale up in programming capacity, then throttle back down at some point.

Regardless of company size, outsourcing has delivered on promises for cost savings, flexibility, and scale.

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Millions of Allegedly Defective Rail Ties Leads Railroad to Sue

One of the nation’s largest railroads must replace millions of defective wooden railroad ties on its tracks because they’re degrading faster than expected, the company said in a federal lawsuit. blames an Alabama company that produced its …

Read more here:: Claims Journal USA

IDG Contributor Network: Playing to win with enterprise technology

Enterprise technology is like baseball: a lineup of varying levels of ability wouldn’t stand a chance against best-in-class players, carefully selected for their unique skillsets that perfectly craft a team.

As much as we hate to admit it, not every player on your favorite baseball team can knock it out of the park. As fans, we tend to overlook these flaws to remain loyal. But as a CIO, your loyalty should remain unwaveringly with your employees. This calls for a fantasy baseball approach (with a permanent number one draft pick) where you pick and choose best of breed solutions to keep the odds in your team’s favor. If your company requires tools that support thousands of unique, talented and diverse employees, one solution will never be enough.

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The Wild Card in This $66 Billion Health-Care Deal

Long-term investors tend not to put much weight on daily share price gyrations. CVS Health shareholders don’t have that luxury.

Read more here:: Wall Street Journal

Possible Halloween Egging Prank Causes Thousands In Damage

LAS VEGAS (KTNV) – A possible Halloween prank turned into a serious crime when the egg throwing ended up doing thousands of dollars in damage. It happened in a neighborhood near and the 215 beltway. caught the crime on his girlfriend’s surveillance system. It shows people in what appears to be a Jeep¸ slowing down in front of the driveway¸ and throwing eggs.

Read more here:: The Claims Page USA

Parametric Insurance Explored for U.S. Disasters

Catastrophic losses this year due to extreme weather events has led to a growing interest in parametric in the U.S., according to industry experts. Weather stations and satellite images are helping to make parametric coverage an affordable, and increasingly, …

Read more here:: Claims Journal USA

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Hiding Under Your Coverage: Halloween And Insurance

BLOOMINGTON – There’s more than one thing that can go awry during All Hollow’s Eve¸ with spirits and goblins and ghouls all around; checking your coverage is logically sound. Country Financial Representative Brad Wurth of Normal said there are plenty of things to look out for during Halloween¸ but the most important thing is knowing where your coverage ends. “Well you wanna be familiar with your deductibles¸ especially if it’s something in your howeowners policies¸” Wurth said. “So vandalism is something that can be a little more prevalent for the Halloween time and vandalism is covered in most homeowner policies as well.”

Read more here:: The Claims Page USA

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New Jersey Parents Warned to Watch for Marijuana-Laced Halloween Candy

is warning parents to look out for people slipping their kids marijuana-laced candy while trick-or-treating. But with no apparent evidence that’s ever happened, advocates for legalizing the drug say it’s nothing more than a Halloween scare tactic. The …

Read more here:: Claims Journal USA