Corporate Risk

Toyota Motor Corp. has agreed to pay a $1.2 billion penalty to end a U.S. criminal probe into sudden unintended acceleration that led to the recall of more than 10 million vehicles.

Three winning programs will be highlighted online, in print and at the Workers Compensation Educational Conference.

Uncertainty and risk aversion trumped other, more favorable mergers and acquisitions factors present in 2013 to drive U.S. property and casualty M&A activity to its lowest level since the 2008-09 fiscal crisis, a new report says.

Industry representatives made their case to a Senate committee that "bank-centric" rules should not apply to federally regulated insurers, but others warned against providing a "wholesale carve-out" for insurers that could lead to systemically risky behavior.

Consultant poll of IT professionals finds security and protocol gaps in BYOD policies open the doors to hackers.

In some cases, the best bet for agency perpetuation is to sell. Here's how to do it right.