Capstone Insights
The new U.S. policy on self-driving cars received a mixed reaction from highway-safety advocates who acknowledged the life-saving potential though warned of a world of “human guinea pigs.”
The Transportation Department’s new guidelines give carmakers and states “the green light to innovate while keeping safety at the forefront,” said Deborah Hersman, president and chief executive officer of the National Safety Council, an Itasca, Illinois-based nonprofit that seeks to reduce injuries and deaths on the road. Continue reading →
Now that the yearly task of filing personal taxes has passed, this is an opportunity to discuss another type of filing for businesses that occurs every year – the workers’ compensation and general liability audits. In comparison, insurance audits and filing taxes are similar in that both are mandatory, annually. The workers’ compensation and general liability audits are conducted at the end of each policy period to verify that the premium is correct for the exposure during the policy period. In the event there is a claim, the claim might be denied because the premium exposure for the policy term within the policy period where the claim occurred was underinsured. Continue reading →
The U.S. Food and Drug Administration has a message for doctors: The money you’re taking from pharmaceutical companies may be clouding your judgment.
Research sites where Pfizer Inc. had paid doctors at least $25,000 in speaking, consulting or other fees reported sunnier results for its smoking-cessation drug Chantix, the FDA disclosed Monday. At those sites, doctors studying the drug’s possible link to suicide risk and other behavior changes reported fewer side effects than at locations where colleagues accepted lower or no payments. Continue reading →
Well we have survived the first few weeks of back to school. Many children and parents may need to rethink safety when it comes to school time. Does your child walk to school, ride the bus, bike, or get dropped off? However your child gets to school, discussing back to school safety is a must. Continue reading →
A new study from The University of Texas at Dallas examined how financing constraints impact workplace safety and the implications for firm value and employee welfare. Dr. Malcolm Wardlaw, assistant professor of finance and managerial economics in the Naveen Jindal School of Management, recently published his findings in the Journal of Finance. Continue reading →
Trucks and buses in the United States may have to be equipped with devices to limit their speed under a proposed rule issued on Friday by the U.S. Transportation Department which said the move could save both lives and fuel.
The department will weigh setting speed limits at 60, 65 or 68 miles per hour for heavy commercial vehicles, but said it will consider other speeds based on comments from the public. Continue reading →
Across the globe, car accidents remain the number one killer of children. While safety measures, such as car seats and seat belts, have come a long way still more can be done to protect the little people of the world. A study By Safe Ride 4 kids found that 33% of children involved in automobile accidents were NOT restrained. That is a scary statistic about children not being protected by an easy seat belt restraint or car seat. Continue reading →
Risk managers are exploring quantification techniques to better understand their cyber risk exposures and how much cyber insurance to buy, as well as other risk mitigation techniques. Continue reading →
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