Thursday, December 6, 2012

Will Workers Comp Fall Off That Nasty Fiscal Cliff? - Workers Comp ...

Will Workers Comp be affected if we all fall off that nasty fiscal cliff?? ?I think we first need to define what exactly is the fiscal cliff. ?According to the article from the link:

"The now infamous phrase was coined by Federal Reserve Chairman Ben Bernanke in February 2012, during one of his required appearances before Congress on the state of the U.S. economy. He described ... "a massive fiscal cliff of large spending cuts and tax increases" on Jan. 1, 2013.?"

If one looks through the automatic cuts and tax increases that will hit on New Year's ?Day, the insurance markets will be affected in the short-term only, if at all. ? As I pointed out in a recent post, Workers Comp has been stable through most of these so-called financial crises. ??

The hardening and softening of the insurance markets, especially Workers Compensation has had very little to do with the economy. ? The very basic definition of the hard market is when there are not enough suppliers (insurance carriers) to meet the demand by business for coverage. ??

The hardening or softening of the market has not followed any type of trend or financial forecast lately. ?Did the market immediately harden after the 2008 - 2009 financial crisis? ?It did not even blink. ?I thought the market would harden over the past three years. ?It has not whatsoever.?

In my opinion, the supply by Workers Comp insurers may have shrunk over the last few years. ?The contraction was met with a definite shrinkage in employer numbers, or at least the payrolls and number of employees have been greatly reduced recently. ?

Workers Comp is still a very stable industry when compared to others. ?According to an Insurance Information Institute article?from November, ?"In September 2012 property/casualty (P/C) carrier employment slipped by 300 vs. August."?

There are ?528,000 P/C employees in total. ? The one month drop equals .005% of the industry. ?The positive news is the P/C employees actually gained 1,600 jobs since September 2011. ?

I will cover more on this subject next time.?

Labels: Ben Bernanke, fiscal cliff, hard market, Insurance Information Institute, soft market

Source: http://blogs.cutcompcosts.com/2012/12/will-workers-comp-fall-off-that-nasty.html

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The Engadget Mobile Podcast, live at 11pm ET!

The Engadget Mobile Podcast, live at 11pm ET!

What happened this past week in the mobile universe? If you're asking yourself this question, you need to get the answer by tuning into the Engadget Mobile Podcast tonight. Heck, you'll want to tune in even if you aren't asking yourself that question -- Myriam and Brad are ready to have a nice little fireside chat, so grab a large robe, put on those fuzzy slippers and join us right back here in a half hour. Got it? Good.

December 5, 2012 11:00 PM EST

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Source: http://feeds.engadget.com/~r/weblogsinc/engadget/~3/TPIRc5uJnWA/

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Netanyahu: Israel will keep settlement corridor

AAA??Dec. 6, 2012?6:46 AM ET
Netanyahu: Israel will keep settlement corridor
AP

German Chancellor Angela Merkel, right, welcomes the Prime Minister of Israel, Benjamin Netanjahu, in front of the chancellery in Berlin, Germany, Thursday, Dec. 6, 2012. (AP Photo/Michael Sohn)

German Chancellor Angela Merkel, right, welcomes the Prime Minister of Israel, Benjamin Netanjahu, in front of the chancellery in Berlin, Germany, Thursday, Dec. 6, 2012. (AP Photo/Michael Sohn)

German Chancellor Angela Merkel, right, welcomes the Prime Minister of Israel, Benjamin Netanjahu to intergovernmental talks at the chancellery Berlin, Thursday, Dec. 6, 2012. (AP Photo/Markus Schreiber)

German Chancellor Angela Merkel, left, welcomes the Prime Minister of Israel, Benjamin Netanjahu to intergovernmental talks at the chancellery Berlin, Thursday, Dec. 6, 2012. (AP Photo/Markus Schreiber)

German Chancellor Angela Merkel, right, welcomes the Prime Minister of Israel, Benjamin Netanjahu, in front of the chancellery in Berlin, Germany, Wednesday, Dec. 5, 2012 for a joint dinner prior to intergovernmental talks on Thursday. (AP Photo/Michael Sohn, pool)

German Chancellor Angela Merkel, right, welcomes the Prime Minister of Israel, Benjamin Netanjahu, in front of the chancellery in Berlin, Germany, Wednesday, Dec. 5, 2012 for a joint dinner prior to intergovernmental talks on Thursday. (AP Photo/Michael Sohn, pool)

BERLIN (AP) ? Israel's prime minister is brushing off international criticism over a planned new settlement project near Jerusalem, saying Israel will keep the area under any future peace deal in any case.

Israel's plans to build 3,000 new settler homes in the corridor near Jerusalem triggered sharp criticism in Europe.

After meeting German Chancellor Angela Merkel, Prime Minister Benjamin Netanyahu said "most governments who have looked at these proposals over the years including the Palestinians themselves ... understand that these blocs ... are going to be part of Israel in a final political settlement of peace."

Palestinians say that would make it impossible for them to establish a viable state in the West Bank.

Associated Press

Source: http://hosted2.ap.org/APDEFAULT/3d281c11a96b4ad082fe88aa0db04305/Article_2012-12-06-Germany-Israel/id-4cbd82e554614567ade20569afbfd229

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US, Russia set for surprise Syria meeting

Secretary of State Hillary Rodham Clinton pauses during a news conference at NATO headquarters in Brussels, Wednesday, Dec. 5, 2012. (AP Photo/Kevin Lamarque, Pool)

Secretary of State Hillary Rodham Clinton pauses during a news conference at NATO headquarters in Brussels, Wednesday, Dec. 5, 2012. (AP Photo/Kevin Lamarque, Pool)

(AP) ? The top U.S. and Russian diplomats will hold a surprise meeting Thursday with the United Nations' peace envoy for Syria, signaling fresh hopes of an international breakthrough to end the Arab country's 21-month civil war.

U.S. Secretary of State Hillary Rodham Clinton, Russian Foreign Minister Sergey Lavrov and mediator Lakhdar Brahimi will gather in Dublin on the sidelines of a human rights conference, a senior U.S. official said. The official spoke on condition of anonymity because she wasn't authorized to speak publicly on the matter. She provided few details about the unscheduled get-together.

Ahead of the three-way meeting, Clinton and Lavrov met separately Thursday for about 25 minutes. They agreed to hear Brahimi out on a path forward, a senior U.S. official said. The two also discussed issues ranging from Egypt to North Korea, as well as new congressional action aimed at Russian officials accused of complicity in the death of lawyer Sergei Magnitsky.

The former Cold War foes have fought bitterly over how to address Syria's conflict, with Washington harshly criticizing Moscow of shielding its Arab ally. The Russians respond by accusing the U.S. of meddling by demanding the downfall of President Bashar Assad's regime and ultimately seeking an armed intervention such as the one last year against the late Libyan strongman Moammar Gadhafi.

But the gathering of the three key international figures suggests possible compromise in the offing. At the least, it confirms what officials describe as an easing of some of the acrimony that has raged between Moscow and Washington over the future of an ethnically diverse nation whose stability is seen as critical given its geographic position in between powder kegs Iraq, Lebanon and Israel.

The threat of Syria's government using some of its vast stockpiles of chemical weapons is also adding urgency to diplomatic efforts. Western governments have cited the rising danger of such a scenario this week, and officials say Russia, too, shares great concern on this point.

On Thursday, Syria's Deputy Foreign Minister Faisal Mekdad accused the United States and Europe of using the issue of chemical weapons to justify a future military intervention against Syria. He warned that any such intervention would be "catastrophic."

In Ireland's capital, one idea that Brahimi could seek to resuscitate with U.S. and Russian support would be the political agreement strategy both countries agreed on in Geneva in June.

That plan demanded several steps by the Assad regime to de-escalate tensions and end the violence that activists say has killed more than 40,000 people since March 2011. It would then have required Syria's opposition and the regime to put forward candidates for a transitional government, with each side having the right to veto nominees proposed by the other.

If employed, the strategy would surely mean the end of more than four decades of an Assad family member at Syria's helm. The opposition has demanded Assad's departure and has rejected any talk of him staying in power. Yet it also would grant regime representatives the opportunity to block Sunni extremists and others in the opposition that they reject.

The transition plan never got off the ground this summer, partly because no pressure was applied to see it succeed by a deeply divided international community. Brahimi's predecessor, former U.N. Secretary-General Kofi Annan, who drafted the plan, then resigned his post in frustration.

The United States blamed the collapse on Russia for vetoing a third resolution at the U.N. Security Council that would have applied world sanctions against Assad's government for failing to live by the deal's provisions.

Russia insisted that the Americans unfairly sought Assad's departure as a precondition and worried about opening the door to military action, even as Washington offered to include language in any U.N. resolution that would have expressly forbade outside armed intervention.

Should a plan similar to that one be proposed, the Obama administration is likely to insist anew that it be internationally enforceable ? a step Moscow may still be reluctant to commit to.

In any case, the U.S. insists the tide of the war is turning definitively against Assad.

On Wednesday, the administration said several countries in the Middle East and elsewhere have informally offered to grant asylum to Assad and his family if they leave Syria.

The comments came a day after the United States and its 27 NATO allies agreed to send Patriot missiles to Turkey's southern border with Syria. The deployment, expected within weeks, is meant solely as a defensive measure against the cross-border mortar rounds from Syria that have killed five Turks, but still bring the alliance to the brink of involvement in the civil war.

The United States is also preparing to designate Jabhat al-Nusra, a Syrian rebel group with alleged ties to al-Qaida, as a foreign terrorist organization in a step aimed at blunting the influence of extremists within the Syrian opposition, officials said Wednesday.

Word of the move came as the State Department announced Clinton will travel to the Mideast and North Africa next week for high-level meetings on the situation in Syria and broader counter-terrorism issues. She is likely then to recognize Syria's newly formed opposition coalition as the legitimate representative of the Syrian people, according to officials.

The political endorsement is designed to help unite the country against Assad and spur greater nonlethal and humanitarian assistance from the United States to the rebels.

Associated Press

Source: http://hosted2.ap.org/APDEFAULT/cae69a7523db45408eeb2b3a98c0c9c5/Article_2012-12-06-EU-US-Syria/id-bd98105bc9e248bcbfc61a3ae637df6c

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Social Media and Outsourcing: How Significant Are They ...

Social media is beyond doubt one of the most powerful tools that most businesses use today to market and create their image or brand online. Professionals, entrepreneurs,?start-ups?and even normal individuals benefit from it in so many ways, such as connecting to people in the same niche to share interests and acquiring potential customers to increase revenues. Yes, that?s the thing everyone in this generation knows and there?s no need to discuss more of it.

However, it is still possible that not all of the people, up to this date, know how and when social media started and as to what purpose it was really created for.? According to an article, ?The History of Social Networking? by Gordon Gole, in DigitalTrends.com, the vision of connected computers becoming a round-table for common thoughts and interests nearly began in the 1970s but it was just totally loved and accepted by many on the start of the 20th century. If you have an account on Classmates.com and SixDeegrees.com, then you were part of Social Networking?s explosion in the World Wide Web. As many people welcomed it, Friendster was a part of the said breakthrough as well. Then Facebook came and so on and so forth.

People?didn?t?likely see its significance in the business world then, because it was meant for personal intentions only. However, as technology and businesses merged, professionals came with the idea of using its power to connect to the world, considering the number of potential customers they can acquire through it and how gigantic their exposure would be. Strategies developed, improved, implemented and effectively helped many. ?The current status of Zappos.com is a clear example of how social media has helped a company. And, how did they do it? They outsourced.

Outsourcing has been an approach that was just accepted by some companies recently ? yes, some. Because, not all companies consider this approach bearing in mind the risks involved of having somebody to handle and take control of their name online, especially when connecting with their existing and potential customers. Although there already are many known benefits of social media outsourcing, some?doesn?t?still want to jeopardize their company names.

Many people, especially those who are involved in?start-ups?and small businesses, must have probably taken the term ?social media outsourcing? too literally. For instance, when a person hears it, he or she is likely to think that somebody (an outsourcing partner) will have to post updates, add friends, follow pages, comment on photos, and upload videos in behalf of his or her own company. Trust, conformity and credibility will eventually go along with their doubts as well.

On the other hand, they must know that there are BPO companies that don?t just offer the same services they have in mind. There are a lot more social media solutions that they can outsource and can ever imagine! They don?t actually have to worry because those solutions don?t involve ?somebody to take over their posting and communicating activities? all throughout social media using their company profiles.

Have you ever thought of ?Topic Creation? being a social media outsourcing solution?

Source: http://www.business2community.com/social-media/social-media-and-outsourcing-how-significant-are-they-0349766

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Wednesday, December 5, 2012

Startup Weekend Winner Groupnotes Finds Plenty Of Early Appetite For Its Collaborative Education Product

groupnotesGroupnotes, a Canadian startup with a team spread across Hamilton and Toronto, Ontario, was crowned the overall winner of Startup Weekend's Global Startup Battle today. The international contest is all about launching a startup in just 54 hours, which the Groupnotes team managed with gusto, even signing on a number of customers willing to pay for early beta access before going hands on with an actual shipping product.

Source: http://feedproxy.google.com/~r/Techcrunch/~3/dubwEKFIenk/

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PFT Power Rankings: Texans, Pats, Falcons 1-2-3

SchaubGetty Images

1. Texans:? Nine straight years with no playoffs followed by two straight years with playoffs.? For Texans fans, it was worth the wait.

2. Patriots:? Another year, another late-season winning streak.

3. Falcons:? Yes, they still have only one loss.? But there?s still something that seems to be missing.

4. Broncos:? The only problem with a Colts-Broncos wild-card playoff game is that one of them would have to lose.

5. Packers:? When the injured guys return, this team will be even more dangerous.? Unless other guys get hurt along the way.

6. 49ers:? It?s a good thing Jim Harbaugh has two good quarterbacks.? He may be needing the other one soon.

7. Seahawks:? With three straight wins at Chicago, the Seahawks need to start raising the 12th man flag before games at Soldier Field.

8. Ravens:? It?s a good thing they play well on the road in the postseason.? They eventually may have to.? Every week.

9. Colts:? The good news?? Andrew Luck has the resilience of Tim Tebow.? The better news?? Luck can throw the ball, too.

10. Bengals:? Their playoffs start in Week 16 against the Steelers.

11. Bears:? It?s not a five-game losing streak.? Still, 1-3 and sliding isn?t the way to get back to the postseason.

12. Steelers:? So does Charlie Batch have the hot hand now in Pittsburgh?

13. Giants:? Someone apparently forgot to tell the Giants that November has ended.

14. Redskins:? If God were really on the Redskins side, wouldn?t He have protected them from Albert Haynesworth?

15. Rams:? That tie could still make things interesting down the stretch if the Rams keep winning and enough of the other contenders keep losing.

16. Saints:? Yet again, the team hosting the Super Bowl won?t be playing in it.

17. Buccaneers:? At least the future is brighter than it used to be.

18. Cowboys:? Barely beating the Eagles J.V. team isn?t really something to brag about.

19. Vikings:? Why do they even try to do anything other than give the ball to Adrian Peterson?

20. Dolphins:? At least they?re still the only team in the last decade not named the Patriots that has won the division.

21. Bills:? Why do they do even try to do anything other than give the ball to C.J. Spiller?

22. Browns:? They?re gonna blow their chance at another top-five pick.

23. Titans:? The team that currently is in Houston gave the owner that used to be in Houston a double-barreled middle finger this season.

24. Lions:? Why do they even try to do anything other than give the ball to Calvin Johnson?? Oh, wait.? They don?t.

25. Jets:? Why do they even try?

26. Panthers:? Here?s hoping the new G.M. gives Ron Rivera a fair chance to show he can get it done.

27. Cardinals:? The passes made by Ryan Lindley are about as effective as the passes Audra Lindley used to make at Norman Fell.

28. Chargers:? Speaking of Norman Fell, the guy who likes like him will soon be free to manage an apartment building in L.A.

29. Eagles:? At some point, Andy Reid?s final year in Philly will make it impossible for another owner to sell him to a fan base as a viable coaching option.

30. Chiefs:? Officially, we?re neutral.? Unofficially, we?re Chiefs fans until further notice.

31. Jaguars:? It?s time to slay the fatted calf in Jacksonville.

32. Raiders:? Not-so-slowly but surely, Mark Davis is proving Mike Silver to be right.

Source: http://profootballtalk.nbcsports.com/2012/12/04/week-13-power-rankings-3/related/

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