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Money managers and pension funds want companies to publish their 2020 annual reports in line with guidance from the International Accounting Standards Board that calls for incorporating climate-related risks in financial statements. Original Article Posted at : https://www.accountingtoday.com/articles/investors-call-for-climate-disclosures-in-company-accounts
Read MoreTwenty-five years have passed since I finished my residency, and a lot has changed. Back then, we hand wrote all our notes, and the only time we looked at a computer screen was to obtain laboratory results. Now, residents spend more time in front of a computer screen than at the bedside. I contend that…
Read MoreThe COVID-crisis is “game-changing”, according to Hannover Re executive board member Sven Althoff. He compared it to events like 9/11 and Hurricanes Katrina, Rita and Wilma in 2005 in the impact it was having on the reinsurance cycle. “The difference compared to, for example 2001, is the fact that we are not seeing any immediate…
Read MoreToday’s mortgage and refinance rates Average mortgage rates edged lower yesterday. Assuming you’re not affected by the surcharge on certain Fannie Mae and Freddie Mac refinances, yours may have changed […] Original Article Posted at : https://themortgagereports.com/69743/mortgage-and-refinance-rates-today-september-18-2020
Read MoreI have written, or more accurately ranted, about electronic medical records (EMR) systems throughout this blog. While the systems have clearly improved since their mandatory introduction into the medical universe, they have still not delivered on many of their promises. Of course, EMR has brought tremendous advantages to the medical profession, and we are all…
Read MoreTime and time again, adequate sleep has been shown to be critical to daily functioning and long-term health. Sleep serves numerous roles: recovering energy for the brain, clearing waste products, and forming memories. Prior studies have clearly linked shortened sleep times to heart disease, obesity, reduced cognitive performance, worsened mood, and even a shorter life.…
Read MoreHurricane Sally’s extreme rainfall and storm surge are expected to drive significant insured losses for the National Flood Insurance Program (NFIP), putting its reinsurance panel and catastrophe bond investors on alert, according to A.M. Best. The rating agency said that the the U.S. Federal Emergency Management Agency’s (FEMA) flood insurance program and also private market…
Read MoreAmazon is more popular than ever. Millions of Americans stuck at home during the coronavirus pandemic have turned to the giant online retailer when ordering goods and groceries. But a recent CNN report suggests that some AmazonBasics products — ranging from USB cords to microwaves — may pose serious dangers to those who purchase them.…
Read MoreAuto and property insurance focused Progressive Corporation recovered $80 million from its reinsurance in August, after the impacts of catastrophe losses during the month, in particular hurricane Laura and Isaias, triggered both its aggregate and per-occurrence protection. Progressive said that its property line of business combined ratio elevated to 147.1% for August 2020, driven by…
Read MoreThe U.S. Federal Emergency Management Agency (FEMA) is back in the reinsurance market and seeking expressions of interest to participate in a January 2021 renewal of the National Flood Insurance Program’s (NFIP) traditional reinsurance program. Our sources suggest that for 2021 FEMA may look to increase the size of the traditional flood reinsurance program a…
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