Risk Management

AIR will not allow its fundamental intellectual property to be uploaded to a platform or cloud operationally controlled by a competitor.

AIR will not allow its fundamental intellectual property to be uploaded to a platform or cloud operationally controlled by a competitor.

The Midwest received no reprieve from the intense May storm season this weekend, as Oklahoma City and St. Louis were pummeled by tornadoes, flooding and straight-line winds on Friday.

Each of the five STEMS factors have a significant role in insurance, claims adjustment, and risk management. For example, without engineering loss control would be useless.

Inundations of claims following events like Superstorm Sandy have left insurance providers scrambling for ways to manage claims and owners of micro businesses wishing theyd invested in better coverageand so-called superstorms are not likely to go away any time soon.

Supporters and opponents of Obamacare might go one more round: It has been 3 years since Congress passed the law that has become known as Obamacare. Implementation of the Patient Protection and Affordable Care Act has been underway since the ink dried on the bill.

However, this snagand the potential it raises that the sale could fall throughis unlikely to delay designation of AIG as a systemically significant nonbank by the governmenta step that could occur as early as June 3.

All force-placed insurance firms doing business in New York have now agreed to put in place reforms that will substantively reduce cost of the coverage to homeowners.