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The medical-liability insurance industry has recently seen positive results and is working to minimize the peaks and valleys that it has historically seen, according to Brian K. Atchinson, the new president and chief executive officer of the Physician Insurers Association of America (PIAA).

When people think of the work done at insurance companies, they probably picture actuaries and underwriters sitting at desks and crunching numbers. But at some insurers, research labs, staffed by highly trained scientists and engineers, play a vital if rarely seen role in discovering ways to reduce losses caused by...

UPDATED! PC360 decided to take a look at the oldest insurers in the United Statesa journey that has led to some interesting findings about the birth of insurance in this country.

National Underwriters Risk Managers Advisory Board members are some of the industrys most experienced and honored risk-management professionals. They serve as an essential resource, making sure we are delivering the most timely, accurate and actionable information to our readers. As youll see from their bios below, this is an extraordinarily...

While the use of telematics-based insurance to date has primarily been seen in monitoring personal-vehicle use, insurers are increasingly relying on the underwriting tool in the commercial-fleet and trucking industries.

As telematics data becomes an increasingly valuable and more widely accepted tool for writing risks, its adoption is rapidly growing in the commercial sector.

According to data compiled by SNL Financial LC, Johnston, R.I.-based mutual property insurer FM Global reported a net loss of $32 million for 2011 compared to net income of more than $767 million for the prior year.

Both insurers and museums routinely overlook risks like criminals who hack into databases to learn details about a museums plans for transporting artwork, in order to intercept and steal them.