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“Where was the risk management?” asked PRIMA’s outgoing president, Ron Hayes.Mr. Hayes, who lives and works as risk manager for the Calcasieu Parish School Board in ...

Proposed legislation denying tax deductions for reinsurance premiums paid to offshore affiliates will likely pass through Congress, a Bermuda executive predicted here yesterday, but he criticized the measure as a restriction of free trade.

PRIMA's outgoing president, Ron Hays, lives and works in Louisiana and has a lot to lose from the oil spill disaster. He spoke about it at their annual conference in Orlando, Fla. Find out more at www.NoRiskZone.com .

As fossil fuel supplies are stretched thinner, risks similar to the British Petroleum oil spill will increase, according to a new report from Lloyd's and a U.K. think tank that urges businesses to rethink their approach to energy.

With $100 billion in excess capital, the property and casualty insurance market is not turning, a Wall Street analyst said Thursday, and a carrier executive attributed existing conditions to the absence of AIG's historical price leadership.

Moody's Investors Service has affirmed the ratings of Marsh & McLennan Companies, Inc. following the announcement that MMC has agreed to sell Kroll Inc. to Altegrity, Inc. for $1.13 billion in cash.

A 60-year-old man was recently arrested for receiving workers' compensation payments after he swore he could hardly get out of the house and could not even walk after a work-related injury.

The conference panel charged with reconciling the House and Senate financial services reform bills will take up the powers of a federal insurance office and surplus lines reform next week on Tuesday.