Risk Management

For an underwriter, summer is an attractive nuisance nightmare.

Proposed changes to insurance-contract accounting standards are running into delays amid vocal opposition, but whatever final conclusions ultimately emerge, they are unlikely to have a broad impact on credit ratings since new rules, by themselves, do not alter the economic position of an entity, according to Moody’s.

A year-long legal battle with Nevada regulators has paid off for a risk-retention group (RRG) in the form of a decision that should set a precedent for all RRGs, a trade association says.

In American Electric Power Co. v. Connecticut, the U.S. Supreme Court held in an 8-0 decision that the Clean Air Act displaced any federal common-law right to seek abatement of carbon-dioxide emissions from fossil-fuel-fired power plants.

When your clients’ top executives demand to know, “What the frack is going on,” do you have an answer? Do you even know what they’re talking about? Gina Jones and Ivy Riggs provide the info you need to arm youself to address your clients’ concerns.

In the world of auto physical damage claims, we need to focus our attention on some less obvious areas that will be influenced by spiking oil prices.

A Texas-based workers’ compensation insurer has asked a federal judge to dismiss the lawsuit it filed against Florida Insurance Commissioner Kevin McCarty.

Florida Sen. Mike Fasano, R-New Port Richey, is calling for a repeal of this year’s massive property-insurance bill, SB 408, following the state insurer of last resort’s decision to file for an average 400+ percent rate increase for sinkhole coverage.