Loss Control

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  Aon: 44% of Nations Have Identifiable Terrorism Risk

  By Mark E. Ruquet, PropertyCasualty360.com  |  May 17, 2013

  The risk of terrorism is having an increasing impact on global organizations. See which nations have improving and worsening outlooks for terrorism risk.

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  AccuWeather Predicts Three Land-Falling Hurricanes for 2013 Season

  By Mark E. Ruquet, PropertyCasualty360.com  |  May 15, 2013

  As the June 1 Atlantic Hurricane season approaches, AccuWeather.com echoes earlier predictions by saying Atlantic basin residents can expect an active hurricane season.

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  In-Utero Injuries: Another Risk Exposure for Employers

  By David D. Thamann, JD, CPCU  |  May 14, 2013

  A pregnant employee is injured at work, with the fetus harmed in the process. What happens next?

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  $45M Global Bank Heist Could Complicate Cyber-Liability Market; Impact Other Coverages

  By Anya Khalamayzer, PropertyCasualty360.com  |  May 13, 2013

  Experts say liability for the theft could fall on the processors of the debit cards used to perpetrate the crime, and make it difficult for other financial institutions to get cyber insurance coverage.

• Banks in Cyber Heist Face Uncertainty in Getting Money Back

  By Joseph Ax, Reuters  |  May 13, 2013

  Two banks hit in a $45 million ATM heist face an uncertain path in trying to recover their losses, says financial, insurance and legal experts.

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  Authorities Launch Criminal Investigation of West Fertilizer Explosion

  By Chad Hemenway, PropertyCasualty360.com  |  May 10, 2013

  A criminal investigation has been launched into the West, Texas fertilizer plant that exploded last month.

• Senate Majority Leader Seeks Compromise on Bill to Delay NFIP Rate Hikes

  By Arthur D. Postal, PropertyCasualty360.com  |  May 10, 2013

  Senate Majority Leader Harry Reid is taking extraordinary steps to force a compromise on a proposed amendment to pending legislation that would indefinitely delay politically-sensitive hikes in flood insurance premiums scheduled to go into effect next year.

• Slate for World Risk Day Announced

  By Anya Khalamayzer, PropertyCasualty360.com  |  May 10, 2013

  World Risk Day, a virtual conference that invites risk leaders from around the world to present industry knowledge, has announced its speaker lineup.

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  Bill Introduced to Extend TRIA for 10 Years

  By Elizabeth D. Festa, PropertyCasualty360.com  |  May 10, 2013

  Legislation to extend the Terrorism Risk Insurance Act for a decade has been introduced in the House.

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  Study: Cell Phone Use in Crashes Severely Underreported

  By Anya Khalamayzer, PropertyCasualty360.com  |  May 9, 2013

  A new study from the National Safety Council shows that cell phone use in accidents is severely underreported.

• Federal Bills Incentivize States to Adopt Uniform Building Codes

  By Arthur D. Postal, PropertyCasualty360.com  |  May 9, 2013

  Legislation has been introduced in both the House and Senate aimed at providing additional incentives for states to adopt and enforce uniform building codes.

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  RMS CEO: New Risk Management Platform to 'Crush Latency'

  By Chad Hemenway, PropertyCasualty360.com  |  May 9, 2013

  Risk Management Solutions has unveiled a new, open platform it says will enable insurers to manage models and exposures in minutes rather than months.

• RMS Announces New Real-Time Platform to Manage Risk

  By Staff Writer  |  May 8, 2013

  RMS announced its new RMS(one) single, open platform, which provides customized real-time risk intelligence and analytics on a range of mobile devices.

• Louisiana Senators Push for Delay in NFIP Rate Hikes

  By Arthur D. Postal, PropertyCasualty360.com  |  May 8, 2013

  Louisiana’s two senators are proposing an indefinite delay to flood insurance premium hikes mandated by legislation enacted in 2012.

• As Cat Bond Market Evolves, Investors Break from Traditional Market Pricing

  By Phil Gusman, PropertyCasualty360.com  |  May 8, 2013

  Interest in the catastrophe-bond market is picking up, the investor base is expanding, and “non-traditional” capacity is pushing down reinsurance-renewal pricing as institutional investors show a willingness to break from price levels set by the traditional market, a new report says.

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  Copper Theft a Hard-Wired Risk for Insurers, Businesses, Homeowners

  By Anya Khalamayzer, PropertyCasualty360.com  |  May 2, 2013

  Copper was targeted in 96 percent of all metal thefts in the past three years, reports the National Insurance Crime Bureau (NICB), with criminals going after business owners and homeowners evenly.