A Lynnwood, Wash. man is charged with two counts of insurance fraud after claiming that car thieves made off with his $33,000 collection of silk neckties.

The nation's capital was shaken by something other than a political tremor this morning when a 3.6 magnitude earthquake shook the region.

Liberty Mutual Group has restructured its commercial insurance distribution and service to agents and brokers who serve national and mid-sized business clients in response to the difficulty producers have had doing business with the company.

The criticism in calculating terrorism risk had been the perception that analysts could not predict human behavior, but a new approach avoids the factor altogether, focusing on the way we communicate.

Surplus lines insurers are big winners in the financial reform bill that Congress believes will prevent another economic meltdown that caused the current Great Recession.

When it comes to controlling their total cost of risk, 64 percent of corporate risk and finance managers surveyed said their top concern was their retained cost of claims, including from captives, according to professional services company Towers Watson.

Putting a crisis plan in place to deal with a catastrophe is not enough--the plan must be tested, revised, and treated as a "living document," according to risk experts.

Bermuda remains the world's largest captive domicile for a reason, observes Caroline McDonald. Members of Bermuda's government showed their support for the industry at the annual conference. Find out more at www.NoRiskZone.com.