News

This real-life case provides a great example of how having the right information can quickly clarify the true value of a unique collectible.

Close to 1,000 homes were destroyed or damaged by the fatal weekend tornado activity in eight southern states, according to reinsurance brokerage Guy Carpenter and other sources.

In only 10 years the risk management profession has gone from "back office" to sought-after professionals, Terry Fleming, president of the Risk and Insurance Management Society Inc., told members.

The firm owning the drilling rig that sank in the Gulf of Mexico could be liable for millions of dollars depending on its leasing agreement with BP, a lawyer familiar with oil and gas litigation said.

Many risk managers at firms of all sizes are boosting their salaries with substantial performance bonuses, according to the latest compensation survey by National Underwriter, in partnership with Logic Associates.

The Alabama legislature, in a move drawing praise from an insurer group, has passed a bill to ban law enforcement from imposing accident response service fees.