CHERYL ARVIDSON | March 20111 IN PROFESSIONAL SPORTS, CAPACITY BUTTS HEADS WITH INSURING ATHLETES’ EXPLODING PAY. When Stephen Strasburg, the Washington Nationals’ rookie pitching sensation, went down with a shoulder injury last August that required season-ending Tommy John surgery, he need not have worried about his cash flow. That’s because the powerful right-hander’s $15.1 million […]
BY CHERYL ARVIDSON | October 2015 AS LATIN AMERICA EXPLORES MORE SOLAR ENERGY OPTIONS, ASPEN ROLLS OUT ITS RENEWABLES WELCOME MAT. As the price of solar energy systems and generating plants decreases due to greater competition, more countries in Latin America are encouraging investment in solar energy and other forms of renewable energy, a trend […]
BY CHERYL ARVIDSON | October 2015 XL CATLIN’S LONDON CONNECTION ENABLES IT TO CUSTOMIZE ALL SIZES OF SPECIALTY LINES Horseracing, long the “sport of kings,” has also become the sport of sheiks and other wealthy families in the oil-rich Middle East. Earlier this year XL Catlin launched the first-ever shariah-compliant equine product. Another groundbreaking specialty […]
The Obama administration’s decision to thaw the 54-year freeze in U.S.-Cuban relations has set off a flurry of speculation about a new market for American businesses and, with it, the opportunity for U.S. insurers and reinsurers to dip into long uncharted waters. Even if diplomatic relations were restored, lifting the trade embargo would take an […]
THE ECONOMIC RISKS OF GUNS: INSURERS AND GOVERNMENT SHOULDER THE BURDEN. It can happen anywhere. Recent mass shootings represent only a smattering of the gun violence that occurs in the United States. One researcher pegs the annual cost of gun violence in America at $214 billion. A pro-gun group says the gun industry contributes $33 […]
CHERYL ARVIDSON | APRIL 2013 GOVERNMENT BENEFITS PROGRAMS WILL FAIL CURRENT AND FUTURE GENERATIONS AROUND THE WORLD. At some point in the next few years, the world population will experience a seismic shift. • Global aging is occurring faster in the developing world than in the developed world. • Many nations have a relatively short […]
Cheryl Arvidson | MARCH ’12 IBM’S SUPERCOMPUTER WILL CHANGE MEDICAL CARE FOREVER. Sherlock Holmes had his able assistant, Dr. Watson. Now another Watson is on the case, hoping to assist doctors in unraveling difficult and complex medical mysteries. WellPoint has launched its first trial of IBM’s Watson, having the supercomputer review cases to decide whether proposed treatment […]