Loss Control

British equity investors have put $100 million into a new reinsurance fund, the latest example of mainstream investors seeking exposure to the sector's rising prices and relative immunity from financial shocks.

The number of terrorist attacks each year has more than quadrupled in the decade since September 11, 2001, a study released on Tuesday said, with Iraq, Pakistan and Afghanistan the most affected.

Much attention is paid to cyber theft, but the top source for identity theft turns out to be the wallet.

Despite the increased focus on data security, many insurers experienced data breaches in the past 12 months. Balancing compliance obligations and cyber attack vulnerabilities.

One lesson coming out of Superstorm Sandy is that after an event is not the ideal time for companies to try to understand the extent of insurance coverage, says an executive with insurance broker Aon.

The U.S. population is aging, but despite statistics that older drivers have higher claim rates, the overall number of collision claims is not expected to increase, says the Insurance Institute of Highway Safety.

Friday marks the end of an Atlantic-Caribbean hurricane season where the greatest devastation was caused by water rather than wind, U.S. National Hurricane Center Director Rick Knabb said. Accordingly, the center is ramping up efforts to develop new warnings that better convey the threat from the deadly storm surge pushed...

Forecasters at Colorado State University are declaring this years Atlantic basin hurricane season to be an unusual one that had more activity than expected, but with virtually all of that activity coming in the form of weaker storms.