Corporate Risk

The horrific events of September 11, 2001 fundamentally altered the insurance industry in a multitude of ways. To examine those changes, we asked carrier executives, catastrophe modelers and five top risk managers to explain in their own words how the coverage landscape has been transformed in the wake of the...

Workers compensation lost-time claims increased 3 percent last year, the first increase in such claims since 1997, the National Council on Compensation Insurance, Inc. reports today.

Insurer Steadfast does not have a duty to defend AES Corp. in a climate change case alleging that AES emissions have contributed to rising sea levels threatening the village of Kivalina, Alaska.

Insurer Steadfast does not have a duty to defend AES Corp. in a climate change case alleging that AES emissions have contributed to rising sea levels threatening the village of Kivalina, Alaska.

While risk managers with traditional skills are still in the majority, a large group of risk managers40 percentexhibit non-traditional characteristics, and are drivers and evangelists, with more social skills and charm, according to a study based on profiling methodology.

To remain viable, reinsurers need to be looking to the future, recognizing that their customer base will be seeing substantial transformation, according to a study by PricewaterhouseCoopers.

Carrier executives, brokers, catastrophe modelers and risk managers talk to NU about how the industry has changed in the 10 years since 9/11.

Even with the best risk management plans in place, including a backup generator and two sump-pumps in the basement, some things just cant be anticipated. This is the main lesson from Hurricane Irene.