News

Two groups of forecasters are predicting another busy hurricane season this year after coming off nearly spot-on predictions for a very active 2010 season.

While its chief executive declared that it can "see the finish line," American International Group Inc. proved it can raise money from private investors by signing $4.3 billion in private-sector loan agreements.

More than two years after Hurricane Ike made landfall at Galveston, Texas, insurers continue to receive claims from the storm, according to the Insurance Council of Texas.

Many companies are unknowingly vulnerable to data leakage, phishing attacks, trojans or advance persistent threats, according to a new report from Lloyd's and technology company HP.

Research on climate change is ongoing, but risk management evaluation and strategies need to begin now to avoid the consequences of flooding and escalating property loss, according to a recently published study.

Health care reform legislation is expected to have some impact on workers' compensation costs, but those impacts should be gradual and reflected in normal ratemaking processes, Swiss Re said in a recent report.