Public Sector Risk

The incident highlights the risks at some of the older U.S. airports hemmed in by development or their placement near bodies of water that have prevented them from lengthening runways to modern safety standards.

The OIG recently released reports that deemed $9.9 million in approved funds for the Town of North Hempstead ineligible, unsupported or unused and $668,430 in federal funds ineligible.

More companies are buying cyber coverage than ever, but the market is slowing, according to the latest survey from Zurich and Advisen.

American International Group Inc. lifted limits on property claims tied to acts of terrorism to $1 billion as clients ask for more protection in larger cities.

Waves of DDoS attacks shut down swatches of the internet on Friday, prompting the need for the insurance industry to issue standard cyber liability coverage forms.

Despite the known threat of earthquakes, few Americans purchase earthquake insurance.