Corporate Risk

Cyber risk roared into the top 10 on Allianzs 2014 Risk Barometer, climbing seven spots from last year to rank eighth among corporate insurance experts concerns.

Despite growing concern about risks, private companies largely report wide gaps in coverage and lack of understanding about professional and management liability insurance, according to Chubbs 2013 Private Company Risk Survey.

Despite growing concern about risks, private companies largely report wide gaps in coverage and lack of understanding about professional and management liability insurance, according to Chubbs 2013 Private Company Risk Survey.

The holidays began and ended with the bang of newsworthy cyber breaches that illustrated the complexity of hacking scenarios, which vary in their intent and fallout on targeted companies and their customers.

The holidays began and ended with the bang of newsworthy cyber breaches that illustrated the complexity of hacking scenarios, which vary in their intent and fallout on targeted companies and their customers.

Workers compensation insurance premiums in Louisiana will drop 5.1 percent as of May 1, State Insurance Commissioner Jim Donelon said.

Carolyn M. Snow, director of risk management for Humana Inc., has been appointed RIMS' president for the 2014 term. Snow has been a RIMS member for 14 years and has served on its board of directors for seven years.

Two common themes emerge when talking with risk managers renewing their insurance programs: In terms of rates, staying flat is the new win, and effective risk management in 2013 helped to maintain or lower rates for this year.