Mitigating catastrophic losses

Article Abstract:

Homeowners' insurance companies are developing new techniques to ensure that their losses are reduced, especially in catastrophe-prone areas. Boston, MA-based Insurance Institute for Property Loss Reduction is working with state and city officials in Los Angeles, CA, to assist homeowners to retrofit their homes to prevent substantial earthquake damage. This project is the largest private/public sector project to prevent losses and it will cost approximately $1 million.

Marketing

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The value of workplace $afety

Article Abstract:

Most companies have labored to create an atmosphere of corporate workplace safety in order to reduce costs from workplace accidents. Employers have been gradually educated on the need to establish rules beforehand for dealing with routine tasks and possible trouble areas. Most accidents are behavior-related, and can be avoided with an examination of the culture in the office.

Workmen's Compensation Insurance, Management, Finance, Employee safety education, Workers' compensation

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Program will test ability to cut losses

Article Abstract:

The Insurance Institute for Property Loss Reduction plans to make Los Angeles, CA, homes more earthquake resistant. Initial estimates could cost homeowners between $3,500 and $5,000 per home. The structures to be retrofitted would be single-story wood-framed homes built between 1940 and 1980. The program will evaluate each home and ensure that the work is done correctly.

Planning, Economic aspects, Prices and rates, Housing, Los Angeles, California, Earthquake resistant design, Insurance Institute for Property Loss Reduction

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