Strike or lockout = loss. (Special Report: Marine/Aviation).

From: Risk & Insurance | Date: December 1, 2002| Author: Morris, Barbara A. | Copyright information

The 10-day lockout of West Coast dockworkers will result in economic loss to shippers and everyone along the distribution chain. But insurance is unlikely to respond since the origin of the loss is an intentional cessation of activity caused by a labor dispute.

There may not be much of a difference in whether the labor dispute with the West Coast dockworkers is defined as a strike or a lockout. Insurance isn't likely to cover losses--which are estimated to be as much as ...

Read all of this article with a FREE trial to HighBeam Research

Related newspaper, magazine, and journal articles from HighBeam Research

More diversity is needed.(in insurance industry, especially in management)(Brief Article)(Statistical Data Included)
Business Insurance ; AS MUCH AS this issue's special report celebrates the achievements and growth of women leaders in the insurance industry, it should also provide a sobering reminder of how far the industry has to go. The insurance industry has certainly improved its track record in the late 20th century by naming
Carrying the good word. (excerpt from Florida Underwriter editorial on insurance industry) (editorial)
National Underwriter Life & Health-Financial Services Edition ; Carrying The Good Word The insurance industry may never be able to head-off attacks by telling our story. Nevertheless, that story must be told for at least three reasons. First, consumers are less likely to be duped by ambitious advocates if they understand the likely consequences of anti-industry
Report Shows Insurance Industry's Unchecked Power Leads To Manufactured Crises; Federal Bailout, Tort Reform' Wrong Solution
U.S. Newswire ; WASHINGTON, April 8 /U.S. Newswire/ -- The Center for Justice & Democracy released a new study today showing how the insurance industry exerts significant, unchecked power over the U.S. economy and uses this power to promote a legislative agenda that bilks U.S. taxpayers and abolishes consumers'
Study: Insurance Industry Can Be Key to State's Economic Recovery
U.S. Newswire ; To: STATE EDITORS Contact: Bill Nowling for Michigan Insurance Coalition, +1-517- 267-9026 LANSING, Mich., June 4 /PRNewswire-USNewswire/ -- Michigan's insurance industry will lead the state in job creation in the coming decade, resulting in more than 16,000 total new jobs by 2014, helping
New Study Shows Insurance Industry, Not Lawsuits, Causing Insurance Rates to Skyrocket for West Virginia Doctors
U.S. Newswire ; When the economy is strong and the insurance industry's investments are gaining, medical malpractice rates have decreased. On the other hand, when the economy is weak, as it has been since the second half of 2000, the insurance industry's investment loses precipitate sudden medical insurance rate
Stop talking about 'the insurance industry.' (Another Perspective) (Column)
National Underwriter Property & Casualty-Risk & Benefits Management ; Stop Talking About |The Insurance Industry' The insurance industry is embroiled in controversies: Insurance is too expensive. Fraud further inflates its cost. Because of its high cost, or its unavailability, large numbers go uninsured. Policies are canceled as soon as a loss is incurred. Insurers
NSW: Government and insurance industry set for showdown over tax
AAP General News (Australia) ; AAP General News (Australia) 05-23-2001 NSW: Government and insurance industry set for showdown over tax SYDNEY, May 23 AAP - The insurance industry ...
Strategic transformation bolsters insurance industry.
National Underwriter Property & Casualty-Risk & Benefits Management ; Overall, 1995 was a watershed year for the property-casualty insurance industry. It marked the industry's evolution into a business closely in tune with the economic and technological environment of the 1990s. In 19905, the management philosophy of the insurance industry completed its
INSURANCE INDUSTRY MUST POLISH IMAGE
The Journal Record ; The insurance industry has a terrible track record in public relations and must polish its image for a new era of "consumerism," some 350 independent Oklahoma insurance agents were told Thursday. Harlan Miller, director of the Independent Insurance Agents and Brokers of California, told the story
Mobilising your salesforce. (News).(technology for the insurance industry)(Brief Article)
Australian Banking & Finance ; TECHNOLOGY VENDORS are vying to meet the insurance industry's mobilisation needs. As the insurance industry begins to mobilise its salesforce, it is faced with a plethora of choices in the wireless industry, including service providers, device manufacturers and application solutions, says research