Business Services Industry
Time to push for changes.(insurance industry tort reforms)
Business Insurance, November, 2004
SO MUCH TO DO, and at last a chance to do it. The Congress chosen in last week's elections appears to be among the most amenable to tort reform in history. Items that have topped tort reform wish lists for so long-class action reform, medical malpractice liability reform, asbestos liability reform-now seem much closer to reality.
Other risk management issues, such as extension of the Terrorism Risk Insurance Act through the end of 2007, may also get attention. The question is where Congress should be urged to begin. We'd suggest that two items fall under the general category of first things first. One is TRIA extension; the other is class-action reform. Efforts to extend TRIA need to be taken up as early in the session as possible. Every day that goes by...
Most Recent Business Articles
- Multiple criteria evaluation and optimization of transportation systems
- Multi-criteria analysis procedure for sustainable mobility evaluation in urban areas
- A two-leveled multi-objective symbiotic evolutionary algorithm for the hub and spoke location problem
- Multi-criteria analysis for evaluating the impacts of intelligent speed adaptation
- The development of Taiwan arterial traffic-adaptive signal control system and its field test: a Taiwan experience
Most Recent Business Publications
Most Popular Business Articles
- 7 tips for effective listening: productive listening does not occur naturally. It requires hard work and practice - Back To Basics - effective listening is a crucial skill for internal auditors
- FAS 109: a primer for non-accountants - Financial Accounting Standards Board's "Statement 109: Accounting for Income Taxes"
- LIFO vs. FIFO: a return to the basics
- Too Young to Rent a Car? - 25-years-old the minimum age for car renting - Brief Article
- Design a commission plan that drives sales - Sales Commissions
Presented by American Express