Sump pump failures lead to substantial water losses and insurance claims that require the attention of claims representatives.

Claims professionals and risk managers alike will readily attest to the complex, sometimes frustrating nature of business interruption (BI) claims.

For companies with risk managers—whether they are full- or part-time—there remains the recurring challenge: How to accurately measure and evaluate if the risk manager is doing a good job?

Commercial property and casualty insurers could take the biggest hit both in losses and credit worthiness from the earthquake in Japan, according to a Moody’s report.