Corporate Risk

The cars at the center of General Motors Co.s February recall were still on the drawing board when a top engineer gathered more than a dozen managers and delivered a fateful message: Build them for less.

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.

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.