Catastrophe models insurers use to assess risk could help governments and aid agencies develop new approaches for sustainable development and poverty alleviation, said Rowan Douglas, chairman of the Willis Research Network.

John J. Bauer, director of regulatory reporting for Prudential Financial, received The Insurance Accounting & Systems Association Inc.'s Presidential Award during the association's recent meeting in Dallas.

Claims Magazine is twittering every day about breaking news and timely topics -- not to mention keeping readers up to date on what's being posted on claimsmag.com.

Hawaii Insurance Commissioner J.P. Schmidt will leave his position on July 1 to join a Honolulu law firm, according to a Department of Commerce and Consumer Affairs statement.