“I think what we learned from TRIA is that terrorism was a very difficult risk to ensure, and if there is going to be a robust private market for insurance, some kind of public private partnership is needed, some kind of government involvement and backstop is needed,” said Lloyd Dixon, director of the Feinberg Center for Catastrophic Risk Management and Compensation at the RAND Corporation. … [Read more...] about Business groups back pandemic insurance bill modeled on post-9/11 law
I need workers compensation insurance
One CNA told me she regularly has to choose between making sure a resident gets fed, another gets cleaned up, and getting to a serious “fall risk” who’s wandered into the hallway. So she goes to help the fall risk, who is trying to get to the bathroom by herself because she couldn’t wait. She mashes food together into one paste so she can speed-feed the resident who hasn’t eaten, and she puts a chuck pad under the resident who needs a bath so he doesn’t leak onto the furniture. Then she goes home crying, riddled with guilt. Another worker returned from a weekend off to find there had been two broken hips and a broken neck in their facility. … [Read more...] about Nursing Home Workers Were Underpaid, Overworked, and Denied PPE. And Then COVID Hit.
Dung explained that it is difficult for businesses to meet the stipulated conditions [Decision No. 15-2020/QD-Ttg and Resolution 42/ NQ-CP]. “Employees are compensated if their businesses do not generate any revenue during the Covid-19 period. But in the tourism industry, generating a little revenue is normal. Thus, it is a bit harsh that employees cannot receive money due to the regulation,” Dung said, adding that the association was making a proposal to relevant agencies to relax this condition. … [Read more...] about Few jobless tourism workers enjoy relief aid amid Covid-19
There were other ventures: he is now managing member of Choice Education 'President and founder of Cygnus International LLC, a real estate development and consulting firm'; director at Delmarva Group, LLC in Boca Raton, Florida; director at Sunfundamerica, a solar development company based in Liberia, Costa Rica; policy director at the National Recovery Council. … [Read more...] about EXCLUSIVE: Joe Biden’s brother Frank owes dead man’s family $1 MILLION for 80mph car crash – but has never paid a cent in 20 years and the Democratic candidate did NOTHING to help
Selling not just actual debt but bets on debt is the essence of the derivatives market, where the aim is to create more shit for the banks to sell by magically creating loanlike products out of thin air. “Synthetic lending,” is how one market analyst put it. Imagine a Foot Locker floor manager sticking a new set of Nikes in front of a three-way mirror and selling off each of the images as a new pair of sneakers, and you get an idea of what we’re dealing with here. According to Moody’s, there are a hell of a lot of these doppelgänger BP bets in circulation. “We reviewed our entire universe of outstanding CSOs,” the firm reported, “and determined that exposure to BP and its rated subsidiaries appears in 117 (excluding CSOs backed by CSOs) transactions, which represents approximately 18 percent of global Moody’s-rated CSOs.” … [Read more...] about BP’s Shock Waves