While claims transformation is a major focus for insurance carriers, too many companies initially address systems needs without first paying proper attention to improving the business processes and

The workers' compensation marketplace is faced with unique and complex challenges

Specifically, there are signs that our country's financial crisis, coupled with last year's catastrophic losses and an overall deterioration in combined ratios, will halt the erosion in price, terms

American International Group's AIG Financial Products Corp. unit, with offices in London, England and Wilton, Conn., said Friday that as part of winding down its operations it has sold off some

As it did in January, the firm said it puts a rate of 0.65 for hurricane activity in the Gulf--a figure representing the mean number of landfalling tropical cyclones in that region for the forthcoming

After I hailed the benefits of enterprise risk management in my Feb. 9 blog, suggesting that a chief risk officer might have helped AIG avoid ...

Ms. Emek is former chairwoman of the Independent Insurance Agents and Brokers of New York Inc. Mr. Soto is former chairman of the Alexandria, Va.-based Independent Insurance Agents & Brokers of

Since AIG nearly drove off the proverbial cliff despite having an enterprise risk management oversight structure in place, does that mean ERM should be dismissed as hopelessly utopian, or that better