Risk, Re-/Insurance and Future Thinking
From the monthly archives:
This seems not to appear in any world news, but is nonetheless pretty desperate-looking. A tanker has gone down off the Philippines in 3.000ft of water with 2m litres of bunker fuel on board. In the absence of outside help, locals are trying to fend it off with coconut husks and rice straw: the [...]
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From the BBC this morning: A Philippines judge who said he consulted imaginary mystic dwarves has failed to convince the Supreme Court to allow him to keep his job. Florentino Floro was appealing against a three-year inquiry which led to his removal due to incompetence and bias. He told investigators three mystic dwarves - Armand, Luis and Angel [...]
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Over at Insurance Coverage Blog, David Rossmiller has some interesting entries (start here) on the recent decision in Leonard -v- Nationwide Mutual, a coverage battle ostensibly between the Leonards (advised by Dickie Scruggs[1]) and Nationwide over whether the former were covered for flood damage arising out of Katrina, but which also involved consideration of whether [...]
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OK, it’s officially Silly Season and there really is very little going on of note in the legal/reinsurance world at present [Note: this may be later entered under the "Famous Last Words" section], so for your reading pleasure, gang, I bring you this marvellous take on the Homeland Security Advisory colour-coding system of threat [...]
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Honest. Substance to follow soon.
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