Risk Management

Two Gulf-Coast senators are seeking to remove a Senate flood-insurance legislation provision requiring flood coverage in areas already protected by levees, dams or other flood-control structures.

Two Gulf-Coast senators are seeking to remove a Senate flood-insurance legislation provision requiring flood coverage in areas already protected by levees, dams or other flood-control structures.

Insurers are seldom fazed by technical complexity or heavy expenditure, yet even they have flinched when confronted with the intricacy and high implementation costs of Solvency II, a set of new capital rules for the European insurance industry.

Although information security and cyber-risk management is recognized as an enterprise-wide responsibility by many organizations, the information technology department still is seen as the front-line defense against information losses and other cyber-liability risks, according to an industry survey.

Although information security and cyber-risk management is recognized as an enterprise-wide responsibility by many organizations, the information technology department still is seen as the front-line defense against information losses and other cyber-liability risks, according to an industry survey.

Owners of captive insurers concerned that they need to relocate their captive because of Nonadmitted and Reinsurance Reform Act (NRRA) requirements can now rest easy, according to a white paper on the subject.

Owners of captive insurers concerned that they need to relocate their captive because of Nonadmitted and Reinsurance Reform Act (NRRA) requirements can now rest easy, according to a white paper on the subject.

Scientists believe there is evidence that great earthquakes occur in clusters over a period of years and that a significant event is on the horizon, according to a report from catastrophe modeler Eqecat.