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Technology innovations boost risks for telecommunications companies

Business Insurance Magazine

Published on June 04, 2007: AM CST

As communication links multiply around the world, companies that provide much of the infrastructure for that growth face some huge security and liability issues, insurance experts say.

Telecommunications companies, many of which have long ceased to be simply providers of telephone services, now have to guard against numerous sophisticated attempts to breach their networks in pursuit of private information. And when the networks are compromised, insurance coverage for any financial losses is limited, experts say.

The telecommunications industry poses one of the highest risks in the technology sector, said Julie Davis, executive vp and managing director of San Jose, Calif.-based Aon Affinity Insurance Services Inc., its Wired for Growth risk management program and Aon's technology practice. (click to read the entire article)


Don’t Believe Everything You Hear: Women in Saudi Arabia Enjoy ‘Privileged Status’

Arab News Staff, Jeddah, Saudi Arabia

JEDDAH—One very real problem about moving to Saudi Arabia is overcoming what has been heard or read about the Kingdom from irresponsible sources in other countries. The vest advice to anyone planning to move here is to come with an open mind, ignore just about everything you have read or heard, and be prepared to adjust to your own individual circumstances. Saudi Arabia represents many things to many people and it is impossible to judge life here until you, as an individual, actually experience it.

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Affiliate Fair Fun-for-All With Dancing, Desserts, Good Food

Citrus County Realtors Newsletter

The annual Affiliate Fair, with an international flair, featured international food, great desserts and lots of fun for all, as everyone participated in Irish jigs, polkas and even the Congo, led by Sarah Fitts, photo at right, of First American Title. The event took place Aug. 12 at the Citrus Springs Community Center. The event featured a dessert cook off, judged by celebrity judges who sampled and selected the best entries.

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A Lot Can Happen in the Auto Dealer's Insurance Market

Insurance Journal

Even with a wave of consolidation through the industry, the number of new and used auto dealerships in the U.S. is close to 100,000, meaning most independent agents have multiple dealers in their own backyards.

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Citrus County Realtors Newsletter

Twenty two new REALTORS® were inducted at the July meeting. More than 200 members attended the Family Picnic in July. Children enjoyed making patriotic bracelets, bean bag toss, duck pond, and sand art. Young and old enjoyed the horse races narrated by Past President Gene Wade.

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Purmort Insurance Agency's Family Tree's Roots Go Back to 1876

Insurance Journal

When I stepped from the hot sunshine and left the traffic speeding along Sarasota, Fla.'s busy Bee Ridge Road into Al Purmort Insurance Agency Inc.'s cool air-conditioned lobby, it was like taking a step back to the early 20th century.

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“Meet the Man Whose Business is Ruining Your Car’s Finish”

Automotive News

To the untrained eye, the 10-acre lot behind the offices of Solar Testing Service in Pompano Beach, Fla., looks like a battleground where more than 100,000 rainbow-colored metal samples from hundreds of cars have exploded, with colorful test panels, steering wheels, wheel rims, gas tank caps and an assortment of auto parts arranged in neat rows.

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“Sailboat Cruises to the Caribbean”

Family Travel

Families that have no seafaring experience might like to first try sailing on a smaller scale. Before committing your family to a sailing vacation your first step should be to try it out to make sure that everyone likes the experience. A sailboat cruise isn’t for everyone, but one easy way to find out how your family does get along on the water and in close quarters is to rent a small sailing dingy or Sunfish at any nearby body of water. Most families won’t even have to go too far from their hometown – any nearby lake where there are boat rentals will do.

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“Working Overseas"

Groundwater Age

Working on a special pump or drilling project outside the U.S. can be an educational and profitable experience. But take precautions first.

Experienced water system specialists are now in great demand overseas by companies who are developing water sources and who are interested in signing up knowledgeable professionals to train local personnel. Such positions can be lucrative, but only when precautions are taken first. When a juicy job offer appears for work in a foreign country, don’t run off half-cocked. First, weight the offer carefully and consider the benefits and disadvantages of working overseas.

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“Mondessa, She Fashioned a Fortune With Style”

Tennis Trade

Butterflies, poison ivy and blue bells might sound like a class in nature appreciation, but for Mondessa Swift they are the answer to success in the tennis fashion field – they are just a few of the names of tennis dresses she designs and manufactures from her offices in Fort Lauderdale.

Mondessa started naming her tennis dresses six years ago when she founded the now famous Mondessa Tennis collection.

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“Crossing the Ocean Could Be Your Best Move”

Veterinarian Economics

Despite what you’ve heard about the manpower surplus in veterinary medicine, there are still some places where people are clamoring for practitioners. Saudi Arabia is one of them. Owners of agricultural projects, farms, and community veterinary hospitals there can offer you some lucrative employment options, but only when you take the necessary precautions in advance.

American veterinarians are in particular demand in Saudi Arabia because the kingdom is in the process of establishing extensive animal husbandry projects designed to end the country’s dependence on imported meats. These projects require the importation of valuable breeding stock which must be treated for any ill effects of moving to a new climate, and which require observation because of the new foods and desalinated water on which they will be raised.

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“Arabian Horses Flourish in Florida”

Saudi Business

Arabian horse breeding in Florida has grown by leaps and bounds during the past two years. Two leading Florida breeders, the Lasma Corporation and Rohara Arabians, have farms in northern Florida near Ocala. The number of Arabian horse farms in this area, dotted with green pastures, rolling hills, and tall trees, has increased five times during the past several years, with more than 6,000 Arabian horses now pastured there.

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“Hundreds of CBers Involved in Effort: Ft. Lauderdale PD Develop Successful Channel 9 System”

The Miami News

Fort Lauderdale, Fla. – More than 200 citizens here have volunteered to monitor Channel 9 from a base station located in downtown police headquarters. Patrolman John P. Cochrane reported that the station averages more than 500 calls per week.

Cochrane, Patrolman Brian Balser and Lieutenant George O. Fitzpatrick prepared a proposal outlining the basics of the program, and its benefits to the Fort Lauderdale Police Department and presented their plans to Chief Leo F. Callahan.

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“An Electrifying Experience: Need a Part? The Souk has it”

Arab News

Jeddah, Aug. 9 – When a piece of equipment like a washing machine breaks down it is a problem to determine which part is broken – obtaining the part, however, is often more of a problem for English-speaking residents in Saudi of Saudi Arabia who do not have any idea about where to begin such a search.

Even if they do find the particular dealer, the language barrier often prevents them from obtaining the part they want, or in understanding when or where they will be able to obtain it.

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“Yanbu Oasis: 360 Villages, Oases Thrived Hundreds of Years Ago”

The Arabian Sun

Ahmad Abu ‘Awaf was born in 1940 in Yanbu‘ al-Nakhl or “Spring of the Date Palms.”

When Abu ‘Awf was young, his family moved to the nearby Red Sea Coast town of Yanbu‘ al-Bahr to look for more opportunities.

Yanbu‘ al-Nakhl is near the Radwa Mountain. This mountain appears on the horizon, east of the Saudi Aramco facility in Yanbu‘. Its craggy and often jagged peaks loom up as black promontories in the distance that reach into the cloudless blue sky.

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“Hoopoe Signals Spring”

We were enjoying a leisurely breakfast last weekend when my son blurted out, “What’s that weird bird?”

My three-year old watches an excessive number of TV cartoons and is prone to call mundane things weird. We didn’t pay much attention.

“Just a pigeon,” responded dad, glancing outside to glimpse a bunch of gray pigeons on the hillside. Three-year-olds are persistent. “No, dad, that’s a weird bird.”

Mom gets up, looks out the window and exclaims, “That IS a weird bird, I’ve never seen anything like it! Hurry, get the camera before it flies away.”

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“Dammam’s Car Auction Crackles With Bargain- Hunters’ Deals”

A few weeks ago a notice for the sale of a 1982 car appeared on Community Services Bulletin Board, asking price SR22,000. Out of curiosity, I looked at the car. It drove well; the owner bought the car when it was new, but the interior was a mess. There were holes in all the door panels, torn upholstery and stains all over the inside. (An upholstery shop in Dammam said he could redo the interior for SR6,000). I offered the owner SR12,000; he came down to SR20,000.

Later, I talked to a Saudi friend about it. He was astonished at my offer. “You can get any car at bargain rates at the Dammam auto auction,” he said. “The same car there may cost half the price.”

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