No matter how many regulations or internal fail-safe systems an organization or a government puts in place, preventing systemic economic collapses means challenging peoples' worst instincts, an enterprise risk management conference was warned this week.

W Maurice Greenberg, AIG's former chief executive, said rating agencies need government supervision, while credit default swaps should be regulated as insurance.

Strategies of insurer's investments have not changed despite the economic recession and credit crunch, mirroring other major institutional investors, according to a report from The Conference Board.

Recession-driven layoffs are hurting not only the unemployed, but those workers who remain to shoulder their responsibilities.

More than 30,000 U.S. businesses filed for bankruptcy protection in the first half of 2009, a 64 percent increase from first half 2008, according to the American Bankruptcy Institute (ABI).

In a recent OfficeTeam survey of senior executives at the nation's 1,000 largest companies, nearly half of the respondents said they have some degree or discomfort being friended by the employees they manage or their bosses

Although U.S. captive insurers' net income declined approximately 66 percent in 2008, net underwriting income actually increased over the prior year, according to a recent A.M. Best Co. study of 186 captive companies.

A new national survey by Rasmussen Reports shows 66 percent of those questioned oppose allowing Mexican trucks on U.S. roads.