The Revision of the Insurance Mediation Rules at EU Level and its Impact on Consumer Protection

The European Commission has put forward a new proposal for a directive on insurance mediation which should provide for significant changes in practices of selling insurance products and guarantee enhanced level of consumer protection. This proposal accompanies other regulatory initiatives in the insurance sector, all of them pursuing three main objectives: firstly, a strengthened insurance supervision with convergent supervisory standards at EU level; secondly, a better risk management of insurance companies; and thirdly a greater protection of policyholders. All these initiatives contribute to the EU programme on consumer protection and herald a new approach to EU insurance regulation and supervision. However, while the new supervisory rules are a direct response to the financial crisis and shortcomings of crossborder cooperation between national supervisors, the plans for the revision of insurance mediation rules were conceived much earlier due to scandals with mis-selling of insurance products in the United States and some EU Member States. This article will focus entirely on the Commission’s initiative in the consumer mediation area and the aspects of insurance supervision and risk management will be dealt with in separate articles.

Mean grain size and structure of ODP Hole 140-504B samples

Microstructural investigations of ocean crust samples provide a complementary approach to both marine surveys and laboratory experiments. The recovery of relatively undeformed diabases from Deep Sea Drilling Project (DSDP)/Ocean Drilling Program (ODP) Hole 504B provides a first opportunity to examine a reference section of microstructural features that influence strain localization at depths of 2 km in the ocean crust. Syn- and post-crystallization features in plagioclase and augite crystals have been examined by optical microscopy and secondary and backscattered electron imaging. These features show a strong influence of modal composition and primary textures on early sites of strain localization. Thermal cracking and subsequent alteration intensities and distribution are strongly phase dependent. A consistently higher intragranular fracture density is observed in augite crystals relative to plagioclase. The impact of alteration on the mechanical response of diabases is likely to depend on the primary textural characteristics. Even where extensive augite alteration occurs, the rock remains supported by a framework of weakly altered plagioclase crystals. The Hole 504B diabases from Leg 140 provide a valuable comparison for future studies of more deformed sections likely to be encountered at depth. Advances in constraining the detailed rheology of the ocean crust at spreading centers would benefit from experimental deformation of texturally diverse diabase and gabbro samples.

Wage scale and working rules agreed upon by the machine glass bottle and jar manufacturers and the Glass Bottle Blowers' Association of the United States and Canada, blast ...

Description based on: 1913/1914.

The development and structure of the U.S. electric lamp industry : staff report of the Federal Trade Commission /

Cover title: Staff report on the development and structure of the U.S. electric lamp industry.

Williamsburg: a Jewish community in transition; a study of the factors and patterns of change in the organization and structure of a community in transition.

The author's thesis, first issued on microfilm in 1954, now brought up to date.