News

Tight budgets and dwindling resources are impacting public risk managers in the United Kingdom similarly to their U.S. counterparts, the director of a U.K. public risk management organization said here.

Munich Re estimates that its losses from the Feb. 27 earthquake in Chile will cost $1 billion, and with other natural catastrophe losses continuing to mount, the company said there is a need for price increases.

Georgia Governor Sonny Perdue signed two bills that ban texting while driving in the state.

The group self-insured trust workers' compensation program in New York should be terminated, as the risks inherent in the group model outweigh the benefits, according a task force report

Tropical cyclone activity for the South China and Korea/Japan regions could be above normal in 2010, according to a Guy Carpenter briefing.

Cooper Gay Group and Swett & Crawford confirmed they are in "advanced deal discussions" on a merger that would create the world's largest independent global wholesale and reinsurance broker.