Public Sector Risk

German automaker Volkswagen successfully convinced Englands High Court to issue an interim injunction against Englands University of Birmingham that will delay publication of an academic paper on how anti-theft systems are at risk from hackers.

The cost of cybercrime and cyber espionage in the U.S. could reach $100 billion annually, according to a report by cyber-security company McAfee and Washingtons Center for Strategic and International Studies.

Three major bond insurers appear to be working with Detroits emergency manager to gauge their liability in the midst of the citys bankruptcy filing last Thursday.

New York's Metropolitan Transportation Authority (MTA), the biggest transportation network in North America, is selling a $125 million catastrophe bond designed to cover the costs of damage from a future storm or hurricane.

Hardening market conditions caused the average total cost of risk (TCOR) among 14 industries to surge by five percent in 2012, shows the 2013 RIMS Benchmark Survey, produced by Advisen Ltd.

The shoreline of Long Branch looks much the same as it did the day after Sandy blew into town. There has never been a full explanation for this.