Risk Management

Many of the ills of the modern worldstarvation, poverty, flooding, heat waves, droughts, war and diseaseare likely to worsen as the world warms from man-made climate change, a leaked draft of an international scientific report forecasts.

Zurich Insurance said on Monday its finance chief Pierre Wauthier was not subjected to "undue pressure" before he committed suicide and its chairman admitted he was unable to explain the motivation for his tragic decision.

As the anniversary of Superstorm Sandys Oct. 29, 2012 landfall passes, New Jersey lawmakers are rightly considering whether New Jersey law offers sufficient protection to insurance policyholders subject to undue delay, underpayment or unjustified denial of their insurance claims.

No matter the industry, people seek out Internet reviews of products, restaurants and services. But if those reviews are fake, written by a competitor trying to divert the companys business, legal implications may arise.

Once again, the National Assn. of Insurance Commissioners (NAIC) demonstrated that it can do what it pleases, regardless of industry protests. This instance involves the System for Electronic Rate and Form Filing (SERFF), used by insurers and state insurance departments for filing policy forms and rates.

Seven Detroit firefighters were seriously injured when an office building engulfed in a gasoline-fueled fire collapsed on them. One was paralyzed and several had crushed bones. The man who set the fire did so for a very simple reason: the insurance money.

New York P&C insurance industry officials are questioning a statement from Gov. Andrew W. Cuomo that workers compensation premiums for state employers will decline by 26 percent next year.

Study reveals that privately held companies are not protected from exposure to lawsuits and government fines