Scrapping single renewal date for PII ‘improbable’, claims SRA

first_imgA move to scrap the single renewal date for professional indemnity insurance (PII) in 2010 is ‘improbable,’ the Solicitors Regulation Authority said this week. The SRA also warned that any shift to staggered renewals ‘will not in itself significantly alter the overall dynamics of the market’. The news comes a week after the Law Society’s council voted to lobby the SRA to scrap the single renewal date in favour of staggered renewals. Research undertaken for Chancery Lane by consultant actuaries Lane Clark & Peacock concluded that staggered renewals would lead to lower premiums. However, research undertaken for the SRA by insurance broker Marsh recommended that the single renewal date be retained. The SRA said that, while it is not reviewing the entire PII regime, it will ‘look into’ the renewal date issue, and will launch a consultation on the assigned risks pool (ARP) in the next two weeks. A second successive fraught renewal season led to many solicitors, brokers and insurers calling for the single renewal date to be scrapped, while a record number of firms fell into the ARP. There were 308 firms in the ARP as the Gazette went to press. Andrew Long (pictured), chairman of the SRA’s financial protection committee, said of the renewal date issue: ‘When the SRA looked at the detail of this 18 months ago, the professional advice and practical considerations did not favour a change. ‘However, much has changed since then, including the renewal process becoming more complex, with insurers requiring more detail from firms and asking more follow-up questions. ‘We will look at this again in the light of recent experience, professional advice, forthcoming meetings with insurers and ­brokers, the views of the profession and the imminent consultation on the assigned risks pool. ‘The one note of caution is that a variable renewal date will not in itself significantly alter the overall dynamics of the market.’ An SRA spokesman added that any move away from the single renewal date before next October is ‘improbable because of the work involved’.last_img read more

Supermarket forward funding: Pay it forward

first_imgGet your free guest access  SIGN UP TODAY To continue enjoying, sign up for free guest accessExisting subscriber? LOGIN Subscribe to Building today and you will benefit from:Unlimited access to all stories including expert analysis and comment from industry leadersOur league tables, cost models and economics dataOur online archive of over 10,000 articlesBuilding magazine digital editionsBuilding magazine print editionsPrinted/digital supplementsSubscribe now for unlimited access.View our subscription options and join our community Subscribe now for unlimited access Stay at the forefront of thought leadership with news and analysis from award-winning journalists. Enjoy company features, CEO interviews, architectural reviews, technical project know-how and the latest innovations.Limited access to industry news as it happensBreaking, daily and weekly e-newsletterslast_img read more

Hallandale Beach PD to start wearing body cameras

first_imgHallandale Beach Police Department has become the first in Broward County to wear body cameras, as officers received equipment yesterday. Hallandale Beach will equip 28 out of 100 officers with body cameras in the pilot program’s first year. Former Lauderhill Police Chief Andrew Smalling says body cameras have become crucial policing tools, providing the officer’s perspective during encounters.The use of body cameras is part of new reforms sweeping through the department.last_img

WCCCU opens new branch in St Joseph

first_img Share Share 627 Views   no discussions Share Tweetcenter_img LocalNews WCCCU opens new branch in St Joseph by: – December 30, 2016 Sharing is caring! Press ReleaseST. JOSEPH, DOMINICA, December 29th, 2016 – West Coast Co-operative Credit Union Ltd- WCCCU, a full-service Credit Union based in Salisbury opened its New branch location in a recently renovated building in St. Joseph on Thursday, 29th. Located in an area of the community called “Otrobando”, the branch is the only Credit Union in the growing St. Joseph community.The St. Joseph branch of the West Coast Credit Union is a new design for the organization’s facilities and showcases the best of its branch transformation program, focused on updating and enhancing the member experience at its financial centers. The Credit Union’s Design Team, operations executives, together with contractor Gerard Richards under the supervision of Imran Cuffy, worked for a few months to design and revolutionize member experience at this new branch. “We are proud to serve the St. Joseph community with this new location,” said Mrs. Veronica Andrew, General Manager of West Coast Credit Union. “We think the experience inside the branch will provide the best service through improved human interactions and customer service. Members will notice a difference from the second they step foot in the branch.” The interior design features modern white color variations, furniture and finishes. The interior is air conditioned and also features a seating area, Supervisor’s station, Loans office, Computer room and transaction counters with glass barriers. The branch experience includes full service options to include Loans, deposits, withdrawals and payment of utilities. Additionally, the interior will later feature a mural depicting the local history of the St. Joseph Community.The new St. Joseph branch location is 2450sq.ft. The Credit Union will engage five full-time employees at the location. In addition to the opening of the new location at the St. Joseph branch, West Coast Credit Union will continue the transformation of its branches across the network in the not too distant future.West Coast Credit Union is a financial Co-operative based on the West Coast of Dominica serving anyone who lives or works in the North and West Coast. It is one of the four (4) largest Credit Unions on the Island, serving more than 3,817 members with assets of $30 Million. West Coast Credit Union has 4 locations in Salisbury, Coulibistrie, Colihaut & St. Joseph and employs a compliment of 18 staff. A not-for-profit, West Coast Co-operative Credit Union is a full-service financial institution offering banking, loans, mortgages and investments for consumers and businesses throughout the North and West Coast of Dominica.last_img read more

Tektronix Introduces Signal Creation and Waveform Generation Software Platform

first_imgTektronix has introduced a more convenient and flexible way for engineers to control signal sources and generate waveforms. The new PC-based SourceXpress platform allows users to easily setup, synchronize, and remotely control multiple arbitrary waveform generators. This tool introduces a versatile plug-in architecture for waveform creation modules that will span a wide variety of applications from high speed serial and coherent optical to RF and wireless.The ability to create, generate, or replicate ideal, distorted, or “real-life” signals is essential in design, testing and operations of complex components, systems and experiments. The Tektronix AWG70000 Series of arbitrary waveform generators use direct synthesis to create a virtually unlimited number of analog or digital signals with up to 50 GS/s and 10-bit vertical resolution.A key challenge to date, however, has been keeping pace with the rapid change in the electronics industry and the wide variety of applications for signal sources. With its plug-in architecture, the SourceXpress simplifies development of new waveform creation modules for faster time to market as new applications emerge. Over time Tektronix plans to roll out an extensive library of modules to compliment the Generic Pre-Compensation and Multitone & Chirp plug-ins introduced today alongside SourceXpress. Running on either a PC or an instrument directly, SourceXpress features the same interface as the native GUI of the AWG70000 series. Many applications require multiple signal sources, which all must be precisely coordinated. With SourceXpress uses can control multiple signal sources from one location for faster test set up and execution.Generic Pre-Compensation Plug-in – When creating waveforms for testing wideband receivers, it is important that the test equipment generate signals with flat frequency and linear phase response. The Generic Pre-Compensation plug-in for SourceXpress creates correction coefficients that can be applied on waveforms to obtain flat frequency and linear phase response. The plug-in works for a variety of waveform types and applications including RF, IF, IQ & NRZ signals. Multitone & Chirp Plug-in – The hallmark of RF and signal generation applications is the ability to produce clean chirps, tones and notches. The Multitone & Chirp plug-in for SourceXpress is ideal for a wide variety of military, aerospace, and RF applications. This plug-in can be used to create noise power ratio (NPR) tones with a set of desired start and end frequencies and spacing. Frequencies can be notched out by setting the start and end frequency of choice. When generating chirps, the user can decide between “high to low” or “low to high” frequency sweeps and define chirp characteristics by sweep time or by sweep rate.last_img read more

Champions League: Liverpool driven by last season’s failure, says Wijnaldum

first_imgGeorginio Wijnaldum says Liverpool’s disappointment at losing last season’s Champions League final will spur them on in their attempt to beat Tottenham in Saturday’s European showpiece in Madrid.Jurgen Klopp’s side were beaten 3-1 by Real Madrid in Kiev a year ago but have responded to that setback by reaching the final again.Wijnaldum has acknowledged that Liverpool will start as favourites, having beaten Tottenham twice in the Premier League this season on their way to finishing second, two places and 26 points above their opponents.“Everything can happen. What happened to us last year will help us this year,” Wijnaldum told a press conference at Liverpool’s training ground on Tuesday.“I don’t think we are that nervous. We take it more as an experience than something we should be scared of.”Both teams have had almost three weeks to prepare for Saturday’s match, having finished their Premier League campaigns on May 12.Klopp took his players to Spain on a training break and then arranged a friendly behind closed doors to keep his players sharp.“From the first day we come back together, the manager said the focus has to be on the Champions League now and we have to train hard in Spain,” said Wijnaldum.“We trained harder than normal, it was like a small pre-season, but in everything we did we were trying to prepare for the final so the manager wants us to be 100 per cent concentrated.”Wijnaldum, who scored twice as Liverpool won 4-0 to complete a remarkable second-leg comeback against Barcelona in the semi-final, suggested that self-belief was the key to their success.“After the 3-0 defeat in Spain, if you don’t have the belief to change it at Anfield then it is already impossible. We had the belief we could change it.“We know Champions League nights are special nights at Anfield and we can beat everyone. We did it at home against Manchester City (in last season’s Champions League quarter-final first leg). They are one of the best teams in the world and we beat them 3-0.”Liverpool and Tottenham have each received more than 16,000 tickets for the final, although thousands of more fans are expected to travel to Spain in the hope of capturing some of the atmospheres, even if they cannot get to the game.“I don’t know what to say to the fans who don’t have a ticket,” Wijnaldum said. “What can you tell them? I feel sorry.“Everyone deserves to be there, especially if you support your team all season but that is something we can’t control.”last_img read more

Hirano, Ishikawa reach third round at worlds

first_img Miu Hirano competes against Suthasini Sawettabut of Thailand during the women’s singles second round at the World Table Tennis Championships on Wednesday in Dusseldorf, Germany. Hirano won 4-0. | KYODO GET THE BEST OF THE JAPAN TIMES RELATED PHOTOS DUSSELDORF, GERMANY – Miu Hirano and Kasumi Ishikawa were victorious on the third day of action at the World Table Tennis Championships Wednesday, making it five out of five Japanese to advance to the third round of the women’s singles.World No. 8 Hirano defeated Suthasini Sawettabut of Thailand 4-0 and world No. 6 Ishikawa eliminated Yana Noskova of Russia 4-0 in the second round held at Messe Dusseldorf, joining Mima Ito, Hitomi Sato and Miyu Kato for Thursday’s round of 32. In the first round of the men’s singles, 11th-ranked Koki Niwa claimed a convincing 4-0 victory over Austria’s Andreas Levenko.The women’s singles final is scheduled for Sunday, and the men’s singles final the following day. center_img KEYWORDS Mima Ito, Miu Hirano, Kasumi Ishikawa, Miyu Kato, Hitomi Sato IN FIVE EASY PIECES WITH TAKE 5last_img read more

SPD Received Grant For New Portable Radios

first_imgThe cost to replace the fourteen radios totaled $83,103, which was the amount applied for in the grant. On September 13th, SPD received notice that they had been awarded $28,000, which covers the cost of five new portable police radios. SPD applied for the grant back in January, and originally requested the necessary funds in order to obtain 14 new radios. At the Soldotna City Council meeting on Wednesday, December 13, the council voted in favor of approving the grant. Story as aired: According to SPD Chief Peter Mlynarik, The replacement is necessary due to the discontinuation of replacement parts for the current police radios. FacebookTwitterEmailPrintFriendly分享The Soldotna Police Department received a grant from the State Homeland Security Program to replace five of the department’s portable police radios.last_img read more

Hunting Regulations Available For 2018-19

first_imgDF&G reminds hunters that if an Alaska Wildlife Trooper, Alaska State Trooper, police officer, or authorized Alaska Department of Fish and Game (ADF&G) employee asks to see your license, locking-tags, harvest tickets, permits, game, or any equipment used to take game, you must show any or all of these items. Alaska has a very public process of setting hunting regulations. The Board of Game determines the hunting regulations and meets at least twice a year to establish the regulations. Governor Bill Walker: “Wildlife is a draw that brings thousands of visitors to Alaska every year, and many come to enjoy hunting opportunities. More than 100,000 people buy Alaska hunting licenses every year. The proceeds from license sales, as well as firearms and ammunition, support wildlife research, management, hunter education programs, and outreach. This promotes sustainable wildlife populations, hunting opportunities, and safe hunters. Wildlife viewers and photographers also benefit, as does Alaska’s economy. More than 27,000 jobs are supported by the billions of dollars spent by hunters and wildlife viewers each year in Alaska.” All moose hunters must successfully complete the Moose Hunter Orientation prior to hunting moose in Units 7 and 15 (the Kenai Peninsula). The orientation is available online at http://hunt.alaska.govcenter_img FacebookTwitterEmailPrintFriendly分享The Alaska Department of Fish and Game has released the hunting regulations from the 2018-19 season, effective July 1 – June 30, 2019. Moose antlers are required to be sealed in Homer, Soldotna, or Anchorage ADF&G offices within ten days of take. Wildlife trooper offices on the Kenai Peninsula can also seal antlers by appointment.last_img read more

Analysis » By the numbers – Wales @ Flyers

first_imgIt is an honour to take over this column from Aaron Eamer as he takes up a new role with the Leicester Riders organisation. I hope I can make the numbers interesting, as he did throughout last season.We’ll start by looking at Bristol’s 112-32 pre-season victory over Team Basketball Wales. The 80 point margin was accrued by winning the battle across almost every statistical category with one notable exception.Box Scorelast_img