Risk Management

A New Jersey-based nonprofit group says its time for a national disaster relief fund backed by new revenue that includes a levy on atmospheric carbon emissions.

The chairman of the Subcommittee on Housing and Insurance wrote a sharply worded letter to Federal Insurance Office Director Michael McRaith, demanding to know why several overdue reports required by the Dodd-Frank Act were still not submitted to Congress.

Florida regulators continued the crackdown on high rates for force-placed homeowners insurance, announcing it has ordered American Security Insurance Co. to reduce its current rates by 10 percent.

Although the upcoming Halloween holiday is all fun and games, scary risks are more trick than treat.

Former Washington D.C. insurance commissioner Lawrence H. Mirel says the National Association of Insurance Commissioners is at a crossroads because it must clarify first what it is, and then work out a system for collaborating with federal regulators in overseeing large, multi-faceted insurance companies with international operations.

Catastrophe risk modeler AIR Worldwide on the NFIP risk model, private-market opportunities and modeling flood risk.

Catastrophe risk modeler AIR Worldwide on the NFIP risk model, private-market opportunities and modeling flood risk.

Risk managers at large corporations have enjoyed access to sophisticated RMIS tools for some time now, but their smaller counterparts were left in the lurch because of the high cost of the systems. This is no longer the case, thanks to investments being made by their independent insurance agents and...