An investigation into how Fiat Chryslers U.S. unit has been handling the recall of millions of vehicles intensified Monday as federal officials requested more documents from the automaker and scheduled a rare public hearing.
The Atlantic hurricane season begins on June 1, and from a catastrophe (CAT) perspective, the last two years have been relatively quiet for insurers, providing them with an opportunity to regroup following Hurricane Sandy.
In the United States, it has been a relatively quiet year for catastrophes. There were wildfires along the West Coast earlier in the year; the earthquake in Napa Valley, Calif., in August; and flooding in the Midwest, Northeast and Mid-Atlantic. The recent Polar Vortex that blanketed much of the country...
While the phrase disaster planning typically invokes images of floods, hurricanes or other fits of Mother Nature, disaster comes in many formsfrom the death of a CEO to a data breach or system failure; from workplace violence to the loss of a vendor; from a mechanical breakdown to a top...