Public Sector Risk

Multiple incidents of alleged sexual abuse went unreported to the appropriate authorities, resulting in a situation where Penn State and third parties now potentially liable.

Thailand flooding that has forced evacuation of 650,000 people, killed more than 500 and destroyed homes has shut down manufacturing plants that provide supplies to companies in the United States, particularly in the automobile and computer industries, according to AIR Worldwide.

National Underwriter asked members of its Risk Managers Advisory Board how they got into the discipline of risk management. Their responses follow.

According to a recent NCCI research report, the slowest payout rate of any workers compensation service category is for prescription drugs.

Florida Insurance Commissioner Kevin McCarty and Georgia Insurance Commissioner Ralph Hudgens say they have renewed a partnership agreement on a contingency plan between their respective states.

While smartphones and other mobile devices are increasingly used like personal computers and require the same security now standard in PCssuch as antivirus software and encryptionmost mobile devices have the same lack of security as a 1998 PC.