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	<title>WGA InsureBlog &#187; supply chain risks</title>
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		<title>WGA InsureBlog &#187; supply chain risks</title>
		<link>http://blog.wgains.com</link>
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		<item>
		<title>2012 Property renewals for tech companies: start early</title>
		<link>http://blog.wgains.com/2011/12/22/2012-property-renewals-for-tech-companies-start-early/</link>
		<comments>http://blog.wgains.com/2011/12/22/2012-property-renewals-for-tech-companies-start-early/#comments</comments>
		<pubDate>Thu, 22 Dec 2011 21:11:57 +0000</pubDate>
		<dc:creator>Ed Flanagan</dc:creator>
				<category><![CDATA[Property & Casualty]]></category>
		<category><![CDATA[Property]]></category>
		<category><![CDATA[reinsurance]]></category>
		<category><![CDATA[supply chain]]></category>
		<category><![CDATA[supply chain risks]]></category>

		<guid isPermaLink="false">http://blog.wgains.com/?p=3466</guid>
		<description><![CDATA[Technology companies that have owned manufacturing operations or outsource their manufacturing to suppliers in Asia should get an early start on their 2012 Property Insurance Renewals.  Outside of the insurance realm, companies should seek diversification in their supply chain whenever possible to help mitigate a concentration of risk in catastrophic prone countries. The credit rating [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=blog.wgains.com&amp;blog=9867145&amp;post=3466&amp;subd=wgains&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
		<wfw:commentRss>http://blog.wgains.com/2011/12/22/2012-property-renewals-for-tech-companies-start-early/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
	
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			<media:title type="html">ejflanagan</media:title>
		</media:content>

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			<media:title type="html">asia</media:title>
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		<item>
		<title>Insurers will face hefty flood of claims from Thailand</title>
		<link>http://blog.wgains.com/2011/11/03/insurers-will-face-hefty-flood-of-claims-from-thailand/</link>
		<comments>http://blog.wgains.com/2011/11/03/insurers-will-face-hefty-flood-of-claims-from-thailand/#comments</comments>
		<pubDate>Thu, 03 Nov 2011 14:15:28 +0000</pubDate>
		<dc:creator>Karen Cangemi</dc:creator>
				<category><![CDATA[Property & Casualty]]></category>
		<category><![CDATA[supply chain risks]]></category>
		<category><![CDATA[Thailand floods]]></category>

		<guid isPermaLink="false">http://blog.wgains.com/?p=3337</guid>
		<description><![CDATA[Business Insurance has reported an estimated $5 billion in economic damage and has prompted $3.3 billion in insurance claims making it the worst flooding in Thailand in more than 50 years. Some are saying the payouts will even surpass those from tsunami in Japan, and the damage figures are still rising. The widespread flooding has taken [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=blog.wgains.com&amp;blog=9867145&amp;post=3337&amp;subd=wgains&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
		<wfw:commentRss>http://blog.wgains.com/2011/11/03/insurers-will-face-hefty-flood-of-claims-from-thailand/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
	
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			<media:title type="html">kcangemi</media:title>
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			<media:title type="html">thaifloods</media:title>
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		<item>
		<title>Strike in Greece causing delays</title>
		<link>http://blog.wgains.com/2011/10/19/strike-in-greece-causing-delays/</link>
		<comments>http://blog.wgains.com/2011/10/19/strike-in-greece-causing-delays/#comments</comments>
		<pubDate>Wed, 19 Oct 2011 15:33:57 +0000</pubDate>
		<dc:creator>Karen Cangemi</dc:creator>
				<category><![CDATA[Property & Casualty]]></category>
		<category><![CDATA[business interruption]]></category>
		<category><![CDATA[Greece strike]]></category>
		<category><![CDATA[supply chain risks]]></category>
		<category><![CDATA[transit]]></category>

		<guid isPermaLink="false">http://blog.wgains.com/?p=3259</guid>
		<description><![CDATA[Major interruptions to transportation services in Greece are expected today and tomorrow as a result of a 48-hour strike by public and private sector workers. According to FreightWatch Intelligence Division, public transportation and commercial flights will be affected by the strike along with ferries serving Greek islands, local and national train services. Companies transporting goods [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=blog.wgains.com&amp;blog=9867145&amp;post=3259&amp;subd=wgains&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
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		<slash:comments>0</slash:comments>
	
		<media:content url="" medium="image">
			<media:title type="html">kcangemi</media:title>
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			<media:title type="html">greecestrike</media:title>
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		<title>Thailand floods lead to industrial disruptions</title>
		<link>http://blog.wgains.com/2011/10/18/thailand-floods-lead-to-industrial-disruptions/</link>
		<comments>http://blog.wgains.com/2011/10/18/thailand-floods-lead-to-industrial-disruptions/#comments</comments>
		<pubDate>Tue, 18 Oct 2011 14:08:05 +0000</pubDate>
		<dc:creator>Phil Edmundson</dc:creator>
				<category><![CDATA[Property & Casualty]]></category>
		<category><![CDATA[flood]]></category>
		<category><![CDATA[supply chain]]></category>
		<category><![CDATA[supply chain risks]]></category>
		<category><![CDATA[Thailand floods]]></category>

		<guid isPermaLink="false">http://blog.wgains.com/?p=3247</guid>
		<description><![CDATA[Our WBN (http://www.wbnglobal.com/) partner in Thailand, Asianet, reports extreme flooding conditions in major areas of the country. We quote them verbatim as follows: &#8220;Great efforts were made to protect Bangkok and the industrial estates. Unfortunately these were not all successful and 3 metre high walls and dams collapsed. Many large industrial estates are submerged under up [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=blog.wgains.com&amp;blog=9867145&amp;post=3247&amp;subd=wgains&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
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		<slash:comments>0</slash:comments>
	
		<media:content url="" medium="image">
			<media:title type="html">Phil Edmundson</media:title>
		</media:content>

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			<media:title type="html">thaiflood</media:title>
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		<item>
		<title>Somali pirate attacks increasing and costing more</title>
		<link>http://blog.wgains.com/2011/02/17/somali-pirate-attacks-increasing-and-costing-more/</link>
		<comments>http://blog.wgains.com/2011/02/17/somali-pirate-attacks-increasing-and-costing-more/#comments</comments>
		<pubDate>Thu, 17 Feb 2011 19:50:05 +0000</pubDate>
		<dc:creator>Karen Cangemi</dc:creator>
				<category><![CDATA[Property & Casualty]]></category>
		<category><![CDATA[kidnap & ransom coverage]]></category>
		<category><![CDATA[pirate attacks]]></category>
		<category><![CDATA[Property]]></category>
		<category><![CDATA[supply chain risks]]></category>

		<guid isPermaLink="false">http://blog.wgains.com/?p=2182</guid>
		<description><![CDATA[The risks to ships transiting the pirate-infested waters off the coast of Somalia are on the rise. Last year, the average ransom paid to Somali pirates was $5.4 million compared with $150,000 in 2005. Just last week, Somali pirates captured a U.S.-bound tanker carrying around $200 million worth of crude oil in the Indian Ocean [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=blog.wgains.com&amp;blog=9867145&amp;post=2182&amp;subd=wgains&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
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		<slash:comments>0</slash:comments>
	
		<media:content url="" medium="image">
			<media:title type="html">kcangemi</media:title>
		</media:content>

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			<media:title type="html">pirates_online</media:title>
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		<item>
		<title>&#8216;Tis the season to beware of pharmaceutical thieves</title>
		<link>http://blog.wgains.com/2010/11/22/tis-the-season-to-beware-of-pharmaceutical-thieves/</link>
		<comments>http://blog.wgains.com/2010/11/22/tis-the-season-to-beware-of-pharmaceutical-thieves/#comments</comments>
		<pubDate>Mon, 22 Nov 2010 16:48:34 +0000</pubDate>
		<dc:creator>Amy Sinclair</dc:creator>
				<category><![CDATA[Property & Casualty]]></category>
		<category><![CDATA[supply chain risks]]></category>
		<category><![CDATA[theft]]></category>
		<category><![CDATA[transit]]></category>

		<guid isPermaLink="false">http://blog.wgains.com/?p=1717</guid>
		<description><![CDATA[Over the past few weeks we have received various warnings from cargo and transit insurance companies along with FreightWatch International regarding potential thefts of drugs and pharmaceutical shipments. Intelligence was released last week by the N.E. Transportation Security Council that five members of a Florida-based cargo theft crew were arriving in New Jersey on Wednesday with the [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=blog.wgains.com&amp;blog=9867145&amp;post=1717&amp;subd=wgains&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
		<wfw:commentRss>http://blog.wgains.com/2010/11/22/tis-the-season-to-beware-of-pharmaceutical-thieves/feed/</wfw:commentRss>
		<slash:comments>2</slash:comments>
	
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			<media:title type="html">amysinclair</media:title>
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			<media:title type="html">truckrearview</media:title>
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			<media:title type="html">Amy Sinclair</media:title>
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		<title>Volcano fallout: property coverage potentially available</title>
		<link>http://blog.wgains.com/2010/04/20/volcano-fallout-property-coverage-potentially-available/</link>
		<comments>http://blog.wgains.com/2010/04/20/volcano-fallout-property-coverage-potentially-available/#comments</comments>
		<pubDate>Tue, 20 Apr 2010 20:12:48 +0000</pubDate>
		<dc:creator>Karen Cangemi</dc:creator>
				<category><![CDATA[Property & Casualty]]></category>
		<category><![CDATA[aviation]]></category>
		<category><![CDATA[business interruption]]></category>
		<category><![CDATA[Lloyd's of London]]></category>
		<category><![CDATA[supply chain risks]]></category>
		<category><![CDATA[volcanic ash]]></category>

		<guid isPermaLink="false">http://blog.wgains.com/?p=878</guid>
		<description><![CDATA[Virtually no airline is insured against business interruptions as a result of the volcanic ash that has grounded aircrafts throughout Europe causing huge financial losses this past week. But there could be some insurance coverage available for other businesses if the volcano eruption somehow adversely effecting your revenue stream. Do you have a plant or [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=blog.wgains.com&amp;blog=9867145&amp;post=878&amp;subd=wgains&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
		<wfw:commentRss>http://blog.wgains.com/2010/04/20/volcano-fallout-property-coverage-potentially-available/feed/</wfw:commentRss>
		<slash:comments>3</slash:comments>
	
		<media:content url="" medium="image">
			<media:title type="html">kcangemi</media:title>
		</media:content>
	</item>
		<item>
		<title>Product withdrawal opens drug companies to litigation</title>
		<link>http://blog.wgains.com/2010/04/16/product-withdrawal-opens-drug-companies-to-litigation/</link>
		<comments>http://blog.wgains.com/2010/04/16/product-withdrawal-opens-drug-companies-to-litigation/#comments</comments>
		<pubDate>Fri, 16 Apr 2010 18:01:29 +0000</pubDate>
		<dc:creator>Phil Edmundson</dc:creator>
				<category><![CDATA[Property & Casualty]]></category>
		<category><![CDATA[drug and safety]]></category>
		<category><![CDATA[life sciences]]></category>
		<category><![CDATA[reputational injury]]></category>
		<category><![CDATA[single source supplier]]></category>
		<category><![CDATA[supply chain risks]]></category>

		<guid isPermaLink="false">http://blog.wgains.com/?p=848</guid>
		<description><![CDATA[Yesterday&#8217;s New York Times describes possible harm to customers of biotechnology giant, Genzyme Corporation, arising out of the reduced availability of Genzyme&#8217;s products as a result of a plant shutdown caused by a virus contamination at Genzyme&#8217;s plant. The story relates that such a viral contamination is not uncommon in the production of biological products. The [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=blog.wgains.com&amp;blog=9867145&amp;post=848&amp;subd=wgains&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
		<wfw:commentRss>http://blog.wgains.com/2010/04/16/product-withdrawal-opens-drug-companies-to-litigation/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
	
		<media:content url="" medium="image">
			<media:title type="html">Phil Edmundson</media:title>
		</media:content>

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			<media:title type="html">genzyme</media:title>
		</media:content>

		<media:content url="http://www.wgains.com/assets/blog/philedmundson_03.png" medium="image">
			<media:title type="html">Phil Edmundson</media:title>
		</media:content>

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		<title>Pharmaceutical heist highlights a growing trend</title>
		<link>http://blog.wgains.com/2010/03/18/pharmaceutical-heist-highlights-a-growing-trend/</link>
		<comments>http://blog.wgains.com/2010/03/18/pharmaceutical-heist-highlights-a-growing-trend/#comments</comments>
		<pubDate>Thu, 18 Mar 2010 13:49:01 +0000</pubDate>
		<dc:creator>Phil Edmundson</dc:creator>
				<category><![CDATA[Property & Casualty]]></category>
		<category><![CDATA[claim trends]]></category>
		<category><![CDATA[pharmeceutical]]></category>
		<category><![CDATA[supply chain risks]]></category>
		<category><![CDATA[theft]]></category>
		<category><![CDATA[transit]]></category>

		<guid isPermaLink="false">http://blog.wgains.com/?p=739</guid>
		<description><![CDATA[The $75 million theft of pharmaceuticals from an Eli Lilly warehouse on Sunday in Connecticut is just the latest in a series increasingly large thefts of prescription drugs. Authorities say the thieves lowered themselves from the roof of the warehouse after cutting a hole in it. According to Freight Watch International, a supply cain security [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=blog.wgains.com&amp;blog=9867145&amp;post=739&amp;subd=wgains&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
		<wfw:commentRss>http://blog.wgains.com/2010/03/18/pharmaceutical-heist-highlights-a-growing-trend/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
	
		<media:content url="" medium="image">
			<media:title type="html">Phil Edmundson</media:title>
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			<media:title type="html">Phil Edmundson</media:title>
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