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Phil Gusman
Superstorm Sandy will likely become the third most costly hurricane in U.S. insurance historybut when examining historical storms using todays dollars and exposures it would fall to the 12th costliest storm, the Insurance Information Institute says.
Anya Khalamayzer
Every claim situation is a unique tangle of claimants, litigants, insurers and coverage policies, at the heart of which is a disruptiveand potentially catastrophicsituation that must be converted into a coherent spreadsheet of data determining fair compensation for the affected parties.
Evan Mills
Whatever insurers may think about the presence or causes of climate change, one thing is certain: The business climate is changing rapidly.
Chad Hemenway
To the delight of those able to afford it, several markets now exist for companies looking to insure Wage and Hour (W&H) risk, which is one of if not the largest employment-related exposures in the U.S.
Chad Hemenway
American International Group Inc. is the top choice among insurance buyers in the 2013 Risk Manager Choice Awards as the best overall commercial-insurance provider.
They are some of the most experienced and respected risk-management professionals in the industry: The members of National Underwriters Risk Managers Advisory Board serve as a go-to, essential resource, allowing us to ensure we are delivering the most timely, accurate picture of the ever-evolving challenges faced by risk-mitigation professionals.
PC360s annual Risk Manager Compensation Survey, conducted in conjunction with Logic Associates (a premier executive-recruiting firm for risk managers), reflects the responses of hundreds of risk-mitigation professionals queried on everything from professional perks and areas of direct responsibility, to job satisfaction and compensation-package details.
Shawn Moynihan
Aspen Insurance's CEO discusses the strategy at work in its U.S. operation, including the recent decision to reduce its earthquake and wind exposure in the U.S. Property market.
Phil Gusman
Personal-auto insurers have continued to implement rate increases to counter weakness in the segments performance over the last several years, but unusual catastrophe losses and rising claim severity prevented strong improvement in underwriting performance for 2012, says Fitch Ratings.
Mark Ruquet
A report from consulting firm Deloitte says the insurance industry appears to be primed for significant merger-and-acquisition activity in 2013, following a 20 percent year-over-year drop last year.
Anya Khalamayzer
Insurers across all sectors are acknowledging the impact of climate change on their business, but they are failing to engage in discussions about how to stay ahead of the potential threats, a new preparedness study says.
Anya Khalamayzer
More than half of small U.S. businesses surveyed by the Ponemon Institute were found to have experienced at least one data breach in the entire span of their operations, but only a third notified customers of the situation.
Chade Hemenway
Directors and officers are asking more about their insurance coverageand are being charged more for it, according to a survey by Towers Watson.
Phil Gusman
Nineteen U.S. reinsurers comprising the Reinsurance Association of America (RAA) report a gain of over $1 billion in 2012 net income compared to 2011, as written premiums increased and underwriting results improved.
Shawn Moynihan
Victor Parker, risk management director for the City of Los Angeles, shares his mitigation strategies for some of the trickiest exposures in the U.S., extols the value of sticking ones neck out, and proudly discusses the program innovations introduced under his watch that saved millions and generate revenue.
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Copyright © 2023 ALM Global, LLC. All Rights Reserved.
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