The firm owning the drilling rig that sank in the Gulf of Mexico could be liable for millions of dollars depending on its leasing agreement with BP, a lawyer familiar with oil and gas litigation said.

"What gets measured, gets managed!" This statement is the fundamental principle behind the concept of "Total Cost of Risk." But what exactly is TCoR, and why should you as a risk manager care about it?

The economic crisis has undoubtedly exposed myriad unique challenges facing risk managers in today's corporate enterprise.

Driver found to have right of action under policy issued to brother-in-lawIn November 1999, a woman sought to buy a 1996 "Chevrolet Cavalier." Being a student with inadequate credit, she was unable to purchase the car without the help of her