News

Traditional insurers' websites are beginning to get the better of the online direct-to-consumer auto insurers, as The Hartford outshined 16 other competitors in an analysis by a technology consulting firm.

Spencer Educational Foundation, Inc. has awarded the Risk and Insurance Management Society, Inc. (RIMS) a $50,000 grant to develop enterprise risk management continuing education curricula for members.

The Treasury Department's authority to preempt inconsistent state laws when concluding bilateral insurance trade agreements with foreign countries will be considerably watered down in final financial services reform legislation.

A recent U.S. Supreme Court decision upholding the right of a municipality to examine the text messages of a public employee has created speculation that the ruling could set a precedent for private employers or others.

Improvements in analytic capabilities allow companies to get the best price for their insurance and allow prudent risk transfer choices, but risk managers need to share the information they glean with upper management, insurance brokers at Marsh said.

A federal judge has granted final approval to a settlement of up to $712.5 million for workers' claims against the World Trade Center Insurance Company.