The role of risk management is steadily growing, with 62 percent of institutions having an enterprise risk management program in 2012, says risk management and consulting firm Deloitte.

XL Group says favorable reserve development, investment income and increased pricing overcame $134 million in second-quarter catastrophe losses to result in net income of $272.7 million.

Did Nationwide violate FLSA when its investigators worked overtime? Moreover, are SIs underplaying their professionalism instead of lobbying for better pay?

Did Nationwide violate FLSA when its investigators worked overtime? Moreover, are SIs underplaying their professionalism instead of lobbying for better pay?

The Hartford says it recorded a second-quarter net loss of $190 million due to steps the insurer has taken to get out of non-P&C operations.

The Hartford says it recorded a second-quarter net loss of $190 million due to steps the insurer has taken to get out of non-P&C operations.

Willis Group Holdings new chief executive has provided a sign of continuity, following the principals of former CEO Joe Plumeri on the issue of contingent commissions--on a case-by-case basis.

A U.S. judge has ruled Federal Reserve Chairman Ben Bernanke should testify in the multibillion-dollar lawsuit by the former chief of AIG, Maurice "Hank" Greenberg, against the United States over the insurer's 2008 bailout.