Risk Management

Residential policies need to be simplified because customers are confused about what their policies protect, said Benjamin Lawsky, superintendent of New Yorks Department of Financial Services, in an exclusive interview with Bloomberg.

The federal government is in a partial shutdown, and while essential functions are operating, certain areas such as national parks are completely closed. These events pose varied risks for businesses and a variety of insurance and other risk mitigation products may cover some losses.

The federal government is in a partial shutdown, and while essential functions are operating, certain areas such as national parks are completely closed. These events pose varied risks for businesses and a variety of insurance and other risk mitigation products may cover some losses.

Republicans are not allowed to blow up the government to get rid of a law, says commentator, writer, actor, and presidential speech writer Ben Stein.

A federal court in Miami has cleared the way for final action in a force-placed insurance lawsuit against J.P. Morgan Chase that is consistent with the emerging belief that federal courts are going to come down harshly on the side of consumers in FPI litigation.

While bracing for the worst, property and casualty carriers with big medical components in their loss costsparticularly those covering workers compensationmight actually have good reason to hope for the best when the health insurance reform law, better known as Obamacare, is fully implemented.

Emergency-response managers from most major cities say they need more federal funds and information than they currently receive if they are to properly respond to a terrorist attack involving a radiological dispersal device or an improvised nuclear device.

Emergency-response managers from most major cities say they need more federal funds and information than they currently receive if they are to properly respond to a terrorist attack involving a radiological dispersal device or an improvised nuclear device.