2007 August


August, 2007

PARIS RE profits hit by catastrophes

ZUG, Switzerland? PARIS RE Holdings Ltd. posted profit of $131 million for the first half of 2007. The Zug, Switzerland-based reinsurer said it suffered combined gross losses of about $90 million from Windstorm Kyrill and U.K. flooding during the first half of the year. PARIS RE, which was...

Labor union issues guidance on social networking

LONDON? The U.K.?s Trade Union Congress has published guidance for both employers and their staff over the use of social network sites, such as Facebook, advising employers to put in place policies covering the use of e-mail and the Internet at work. Published on workSMART, thelabor union?s...

How To Organize Your Credit Cards and Gift Cards Using Baseball Card Holders

As is apparent by now, I have a lot of cards. Credit cards, ATM debit cards, frequent flier membership cards, gift cards, the list goes on and on. I used to just keep them in a big stack tied with a rubber band. Then, one day when visiting my parents and going through my baseball cards, I thought - why not keep them in these plastic pages instead?

If you’re not familiar with them, people often store collectible cards in plastic pages that hold 9 cards to a sheet, are designed to fit inside 3-ring binders. Here’s what they look like:

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There are lot of benefits of doing this:

It keeps all the cards easily accessible, with ...

Successful Hiring

Louisiana court curbs hurricane insurance recovery

NEW YORK (Reuters)?A divided Louisiana state appeals court has ruled that people who lost their homes in hurricanes are not necessarily entitled to recover the full amount of their losses if their insurance policies covered only some perils but not others. Tuesday's 3-2 decision said a lower court...

Michigan Blues unit buys California comp insurer

LANSING, Mich.?Accident Fund Insurance Co. of America, a unit of Blue Cross Blue Shield of Michigan, on Wednesday said it agreed to purchase CWI Holdings Inc., parent of San Francisco-based CompWest Insurance Co. Lansing, Mich.-based Accident Fund provides workers compensation insurance and...

William Lerach to retire from firm amid probe

LOS ANGELES (Reuters)?William Lerach, one of the best-known U.S. shareholder lawyers, will retire from the class action law firm he founded and defend himself from allegations of improper activity, the firm said Tuesday. "I have appreciated the opportunity to fight for the victims of corporate...

New Zealand warns of toxic Chinese toothpaste

WELLINGTON, New Zealand (Reuters)?New Zealand on Wednesday asked retailers and consumers to dispose of 11 brands of Chinese-made toothpaste after tests confirmed they contained toxic chemicals. The Ministry of Health said in a statement that a third of the Chinese-made toothpaste tested contained "u

Medco purchase expands diabetic services

NEW YORK/PHILADELPHIA (Reuters)?Pharmacy benefits manager Medco Health Solutions Inc. said Tuesday that it would buy PolyMedica Corp, which distributes blood-glucose tests, for $1.2 billion to expand its services for diabetics. Medco currently manages more than $6.5 billion in drug spending for its...

China mulls diversified pension investments: Paper

BEIJING (Reuters)?China is considering diversifying the portfolio of investments authorized for pension insurance funds nationwide in order to improve returns, a paper run by the country's National Statistics Bureau said Wednesday. At present the funds, composed of individual pension accounts, have...
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