Hurricanes Offer Similar Lessons for Builders

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Doctors Offer Guidelines on Sports Concussions

March 22, 2013Email ThisPrintNewslettersTweetArticle1 Comments

When athletes are suspected of having a concussion, they should be taken out of action immediately, new guidelines from a major medical group say.

The American Academy of Neurology said athletes shouldn’t resume playing until they’ve been fully evaluated and cleared by a doctor or other professional with concussion expertise.

The recommendations issued this week generally agree with a brief position paper the academy issued in 2010, but add details on evaluation and management. The guidelines are based on a comprehensive review of scientific research.

Sports concussions have gained a new public focus in recent years because of concern over the risk of developing long-term mental impairment. Thousands of former pro football players are suing the NFL and its teams, saying that for years the NFL did not do enough to protect players from concussions.

The new advice replaces guidelines published 15 years ago. Those recommended grading the severity of concussions at the time of injury to determine possible time frames for return to play. Now the group emphasizes more individualized assessment and management of the injury.

Research showed the grading system didn’t relate to outcome, and that nobody can predict how long recovery will take, explained Dr. Christopher Giza of the University of California, Los Angeles, an author of the new guidelines.

The new document says athletes should not be allowed back in action if they show any symptoms. And it says athletes of high school age or younger with a diagnosed concussion should be managed more conservatively than older athletes when it comes to allowing a return to play.

Dr. David Dodick, a concussion expert at the Mayo Clinic in Phoenix who was familiar with highlights of the new document, said they contain “no great revelations” beyond what experts know already. He noted that the guidelines state that the first 10 days after a concussion are the period of highest risk for being diagnosed with a second concussion, and that younger athletes take longer to recover from the injury.

Since getting a second concussion before the first is healed can lead to a long period of disabling symptoms, that is good guidance for doctors who have to decide when young athletes can return to play, he said in a telephone interview.

 

Copyright 2013 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.Email ThisPrintNewslettersTweetCategories: National NewsTopics: American Academy of Neurology, concussions, school athletes, sports concussions, sports injuriesHave a hot lead? Email us at newsdesk

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The Hanover, OMS National Offer P/C Program to OMS Surgeons

March 15, 2013Email ThisPrintNewslettersTweetArticleComments

The Hanover Insurance Group has joined forces with OMS National Insurance Co., RRG (OMSNIC) to offer a program of  property/casualty insurance products to OMSNIC’s insured oral and maxillofacial surgeons (OMS).

The Hanover’s products will be distributed through OMSNIC and The Hanover’s independent agents.

As part of these offerings, The Hanover offers OMS a group dividend for workers compensation, BOP coverage enhancements, and service and risk management facilities.

The insurance offering for this program includes the following coverage enhancements:

Workers compensation group dividend program, exclusive to the programReplacement cost

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CloudInsure, Lockton to Offer Cloud Risk Insurance Coverage

January 25, 2013Email ThisPrintNewslettersTweetArticleComments

CloudInsure, a cloud insurance platform designed to specifically address privacy and security liabilities within the cloud environment, has formed an agreement with independent (re)insurance broker Lockton to provide risk management products for clients exposed to hazards associated with cloud technologies.

Through this agreement, CloudInsure will be positioned to establish relationships with primary insurers to offer liability coverage, underpinned by tailored underwriting models and proprietary analytics, to meet the growing needs of businesses in the cloud computing space.

CloudInsure, a wholly owned subsidiary of Cyber Risk Partners, LLC, offers insurance products that address cloud technology. CloudInsure is a sister company to CyberFactors, a proprietary cyber risk analytics database that models cyber risk data and events.

Email ThisPrintNewslettersTweetCategories: National NewsTopics: Cloud, cloud computing, Internet, Markets, Markets/Coverages, Network Security, privacy, Technology, InternetHave a hot lead? Email us at newsdesk

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Fargo, North Dakota, to Offer Buyouts to Residents of 56 Homes

December 14, 2012Email ThisPrintNewslettersTweetArticleComments

North Dakota’s largest city is planning to offer buyouts to residents of 56 homes next year as part of a plan to protect them from Red River flooding.

Fargo officials say the buyouts will likely cost about $24 million, The Forum newspaper reported. Nathan Boerboom, an assistant Fargo city engineer, said that several homes on the list are high-end properties.

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Bank of America Sues Bond Insurer MBIA Over Tender Offer

December 14, 2012Email ThisPrintNewslettersTweetArticleCommentsBank of America Corp. has sued bond insurer MBIA Inc. in a New York state court for allegedly interfering with a tender offer to buy MBIA’s bonds.

At issue is a change MBIA sought to make to the terms of some bonds to eliminate the risk that it might be considered in default if a troubled unit were put into rehabilitation or liquidation by New York regulators.

Bank of America countered with an offer to buy the bonds, saying it believed the changes would increase the risk of MBIA’s insurance unit being placed in rehabilitation or liquidation, which could jeopardize all policyholder claims.

On Thursday, Bank of America said it had purchased $136 million of a senior note in that tender, and issued a default notice over the attempt to change terms.

The bank claims the consent solicitation was the latest of MBIA’s “premeditated and subversive actions” since 2008 to benefit executives and stockholders to the detriment of Bank of America and other policy holders.

In the suit, filed late Thursday, Bank of America alleged that MBIA illegally interfered with its tender offer and asked for the consent solicitation and amendment to be declared invalid. The bank also is seeking punitive and other damages.

An MBIA spokesman did not have an immediate comment on the suit. MBIA shares fell 1.9 percent to $8.36 in morning trading.

 

 

Copyright 2012 Reuters. Click for restrictions.Email ThisPrintNewslettersTweetCategories: National NewsTopics: Bank of America MBIA lawsuit, bond insurer MBIA, MBIA tender offer interferenceHave a hot lead? Email us at newsdesk

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Financial Advisors Rarely Offer Life Insurance

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Financial Advisors Rarely Offer Life Insurance

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