Managing Assets and Liabilities: Strategies for Insurance Companies October 2008 Financial Services Commission of Jamaica Insurance Seminar - October 30‚ 2008 Michael Hafeman‚ FSA‚ FCIA‚ MAAA Context for Asset-Liability Management Risks and Risk Tolerance Risk Measurement ALM Techniques Organizational Issues Supervisory Objectives Managing Assets and Liabilities: Strategies for Insurance Companies 2 What is it and why is it used? Managing Assets and Liabilities: Strategies for
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Hot coffee spill worth cool award McDonald ’s may fork over $2.9 million Denver Post Copyright 1994 Friday‚ August 19‚ 1994 The Associated Press ALBUQUERQUE - A woman‚ who was scalded when her McDonald ’s coffee spilled won a jury award of $2.9 million - or about two days ’ coffee sales for the fast-food chain. Lawyers for Stella Liebeck‚ 81‚ who suffered thirddegree burns in the 1992 incident‚ contended that McDonald ’s coffee was too hot. A state district court jury imposed $2.7 million in
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This paper summarizes the following relation for one type of health care professional namely Nurse Practitioners that works in the state of Pennsylvania. Patient’s health care and their safety are significantly important throughout this entire paper. All things related to NP’s were taken into consideration; such as‚ the rules‚ regulation and standards that is required by law. However‚ regulations of nursing practices does vary from one state to another but in Pennsylvania; the state Board of Medicine
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1. Which torts protect against the intentional interference with persons? The torts that protect against the intentional interference are the following: Assault which is an intentional‚ unexcused act that creates in another person a reasonable apprehension or fear of im-mediate harmful or offensive contact. Battery‚ that is an unexcused‚ harmful‚ or offensive physical contact intention¬ally performed. False imprisonment is the intentional confinement or restraint of another person without justifi¬cation
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To: Senior Attorney From: Paralegal Re: Vicarious Liability John Stokely is responsible for injuring the motorcyclist while driving a vehicle from AAA Auto Dealers. Employers are vicariously liable under the respondeat superior doctrine. In the respondeat superior doctrine‚ in most cases‚ an employer is responsible for the actions of employees performed within the scope of employment. John Stokely used the company’s vehicle for personal reasons‚ regardless of what they were‚ and negligently
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After reading Civil Liability for Acts of Off-Duty Officers‚ I’ve come to the realization that there are many possibilities and outcomes dependent upon the situations off-duty officers put themselves into. When off-duty officers act upon situations that they would normally face when on duty‚ they are fully liable for the decisions they make. In this specific event‚ as an off-duty officer‚ I witnessed a man and a woman arguing where the man then pushed the woman‚ and I‚ the officer decided to intervene
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Recognizing and Minimizing Tort and Regulatory Risk Plan University of Phoenix Business Law LAW 531 Charlisa Edelin October 11‚ 2010 When operating any business‚ the company always has the potential of facing allegation about the quality of their product‚ their environmental impact‚ and many other forms of complaints. Alumina Inc is such a company. Alumina Inc is facing a possible law suit over allegation about their environmental record. Alumina Inc is facing possible law suit for negligence
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Print Fax TEXAS LIABILITY INSURANCE CARD Policy Number: 44054747 ROCIO L ROMERO 9230 LINDA VISTA RD HOUSTON‚ TX 77078-4022 Year Make 2003 HYUNDAI ***** ************ ***** ************ 09/05/2014 Expiration Date: 02/11/2015 NAIC Number: 24392 Effective Date: Model VIN ACCENT 2D GL ****************** ****************** FARMERS TEXAS COUNTY MUTUAL INSURANCE COMPANY KMHCG35C73U241737 ******************** ******************** 1-800-225-0011 This policy provides at least the minimum amounts
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Explain the arguments for and against strict liability offences A strict liability offence is one where it is not necessary for the prosecution to prove any mens rea. In most cases of strict liability even if one did not have the intent to commit a crime‚ however reasonable‚ in relation to a particular element of the actus reus of an offence‚ they can still be convicted. This can be shown in reference to Prince and Hibbert. Prince (1875) the girl was taken by Prince even though he knew she was
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In this leaflet I will describe the law of negligence and occupier’s liability‚ economic loss and psychiatric loss. Negligence is when somebody has a duty of care and that duty is breached. Negligence is split into 3 parts. Duty of Care In certain situations‚ a duty of care is owed to another person. For example‚ a surgeon owes a duty of care to whoever they operate on. The existence of a duty of care is established by the Neighbour Test which was brought in by Lord Aitken after the Donoghue
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