The magnitude 7.0 earthquake that caused catastrophic death and destruction in Haiti created hundreds of millions in economic damage, but insurance coverage for losses is minimal, according to modeling firms.
Did the availability of directors and officers liability insurance products contribute to the credit crisis fueled by investment firms that securitized subprime mortgages and other debt obligations?
Insurers may have contributed to the credit crisis, because misbehaving company management increasingly believes their liability insurance policies protect them, a lawyer suggested at an industry conference last week.
American regulators must put into place "better, not simply more" financial services rules and regulators, while making sure reform efforts sustain, rather than kill the capitalist goose laying all of the economy's golden eggs.
While it was an honor to meet Prince Andrew, Duke of York, it was a thrill to shake hands and speak with Capt. Chesley Sullenberger after he received ...
Lloyd's of London presented its Gold Medal for Saving Life last night to Capt. Chesley "Sully" Sullenberger III for safely landing his U.S. Airways passenger jet in the Hudson River Jan. 15 after a bird strike caused engines to stall.
The Public Risk Management Association (PRIMA) announced Craig Macdonald as the winner of its 2009 Public Risk Manager of the Year award yesterday during its annual conference.
American E&S Insurance Brokers has appointed Tonja Prince as a broker in their Seattle branch. Previously, Prince worked for AmWINS. She specializes in casualty, property and professional liability coverages. For more information, visit