Posts Tagged 'insurance'

UK Firm Accidentally Fires 1,300 Employees

According to Bloomberg –

Aviva Plc (AV/), the U.K.’s second- biggest insurer by market value, said the company’s investment unit mistakenly sent an e-mail dismissing its entire staff before retracting the message. The e-mail, which was sent by the Aviva Investors human resources department to 1,300 employees globally, told recipients to turn over company property as they left the building and reminded them of their obligation to guard the firm’s confidential information, according to Paul Lockstone, spokesman for the unit of the London-based insurer. “It was intended that this e-mail should have gone to one single person,” Lockstone said by phone. “Unfortunately, as a result of a clerical error, it was sent to all of the Investors staff worldwide.”

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Lloyd’s Sues Saudi Arabia For Funding 9/11 Attacks

The Independent reports –

A Lloyd’s insurance syndicate has begun a landmark legal case against Saudi Arabia, accusing the kingdom of indirectly funding al-Qa’ida and demanding the repayment of £136m it paid out to victims of the 9/11 attacks. The Brighton-based Lloyd’s 3500 syndicate, which paid $215m compensation to companies and individuals involved, alleges that the oil-rich Middle Eastern superpower bears primary responsibility for the atrocity because al-Qa’ida was supported by banks and charities acting as “agents and alter egos” for the Saudi state. The detailed case, which names a number of prominent Saudi charities and banks as well as a leading member of the al-Saud royal family, will cause embarrassment to the Saudi government, which has long denied claims that Osama bin Laden’s organisation received official financial and practical support from his native country. Outlined in a 156-page document filed in western Pennsylvania, where United Airlines flight 93 crashed on 9/11, the claim suggests that the nine defendants “knowingly” provided resources, including funding, to al-Qa’ida in the years before the attack and encouraged anti-Western sentiment which increased support for the terror group. The legal claim states: “Absent the sponsorship of al-Qa’ida’s material sponsors and supporters, including the defendants named therein, al-Qa’ida would not have possessed the capacity to conceive, plan and execute the 11 September attacks. The success of al-Qa’ida’s agenda, including the 11 September attacks themselves, has been made possible by the lavish sponsorship al-Qa’ida has received from its material sponsors and supporters over more than a decade leading up to 11 September 2001.”

Continue reading HERE.

GOP Proposes Dental Coverage [video]

Why The US Needs Healthcare Reform [comic]

How To Survive An Atomic Bomb – 1951 [pic]

This is a print PSA from 1951. Click HERE to super-size it.

original source


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