August 18, 2010

Can I Buy Reinsurance ?

Term Of The Day – Reinsurance When one insurer’s claims become too large to cover financially, they procure additional insurance from other insurers to help cover losses. Insurers will buy insurance from as many insurers as necessary to ensure financial stability. This additional insurance is renamed reinsurance.   ©J&L Risk Management

Popcorn Lung Lawsuit – Disabled Worker Awarded $30 Million

Popcorn Lung Lawsuit Costs Employer $30,000,000 A Popcorn Lung Lawsuit recently awarded the injured worker about $30 million. After reading several recent Workers Compensation publications, it has become apparent that Popcorn Lung is a real concern to factory workers. The connection between diacetyl and this lung condition was not discovered



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