Many firms, he observed, "are already doing this by default, but not in a manner where people can study it or critique it." Actuaries have the tools to help develop the ERM process, but it requires a

WASHINGTON--The Senate Banking committee's incoming chairman said the panel will work to establish a permanent federal program to backstop insurers against terrorism risk rather than renewing the Terro

Insurance groups sweating bullets over whether Uncle Sam will keep his terrorism reinsurance backstop in place are partying in Washington like it's 1994. That was ...

Sheila Breeding, a spokeswoman for Allstate in New Jersey, a subsidiary of the Northbrook, Ill.-based company, said as of Feb. 5, the company will no longer write new homeowner, condominium, mobile ho