Economics

Insurance companies now write Ebola exclusions into policies; offer Ebola-related products

Mon, 2014-10-27 14:43 — mike kraft

HOMELAND SECURITY NEWS WIRE Oct. 27, 2014

U.S. and British insurance companies have begun to write Ebola exclusions into their policies for hospitals, event organizers, airliners, and other businesses vulnerable to disruption from the disease.

As a result, new policies and renewals will become more expensive for firms looking to insure business travel to West Africa or to cover the risk of losses from Ebola-driven business interruptions (BI).The cost of insuring an event against Ebola, for example, would likely be triple the amount of normal cancellation insurance — if the venue was in a region not known to be affected by the virus.

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http://www.homelandsecuritynewswire.com/dr20141027-insurance-companies-now-write-ebola-exclusions-into-policies-offer-ebolarelated-products

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UK pledges £80m more aid to tackle Ebola epidemic in Sierra Leone

Fri, 2014-10-24 01:23 — mike kraft

UPDATE: EUROPEAN UNION ANNOUNCES ADDITIONAL FUNDING, NAMES AN EBOLA COORDINATOR

NEW YORK TIMES

By James Kanter and Andrew Higgins OCT. 24, 2014

BRUSSELS--

... Angela Merkel, the German chancellor, announced tody that Christos Stylianides, the coming European commissioner for humanitarian aid and crisis management, would be named Ebola coordinator.

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It's the Law: Big EU Companies Must Report on Sustainability

Thu, 2014-04-17 23:23 — Kathy Gilbeaux

greenbiz.com - April 17, 2014

Wednesday was a historic day in Europe, where a new law will require its biggest companies to include sustainability factors as part of their annual financial report.

In a 599-55 vote, the European Parliament passed the law, which applies to publicly traded companies with more than 500 employees. They must address "policies, risks and results" in relation to "social, environmental and human rights impact, diversity and anti-corruption policies" in their annual reports.

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Global Reporting Initiative - About Sustainability Reporting

ALSO SEE - The EU law on non-financial reporting - how we got there

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UK Floods: Prime Minister Says Money No Object in Relief Effort

Thu, 2014-02-13 19:58 — Kathy Gilbeaux

David Cameron: "Whatever money is needed, we will spend it."

bbc.co.uk - February 11, 2014

The prime minister says money will be no object as flood relief efforts continue across swathes of the UK.

David Cameron warned the severe weather was not over, saying: "Things could get worse before they get better."

Speaking at a Downing Street press conference after returning from the flood-stricken South West, Mr Cameron said: "Money is no object in this relief effort. Whatever money is needed, we will spend it."

He said recovering from the floods could take time, telling reporters: "It will be a long haul and it will require a stepped up national effort, with the whole country pulling together.

He vowed lessons would be learned, adding: "We will deal with the floods and we will build a more resilient country for the future."

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(CLICK ON THE LINKS BELOW FOR UK FLOODING PICTURES)

http://www.businessinsider.com/uk-flooding-pictures-2014-2

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