In corporate America, unacceptable risk must be identified, evaluated and mitigated, which can be difficult. However, when it comes to flooding, businesses can take steps to reduce the risk of damage caused by rising water.
What a roller coaster ride the past year has been! While we have occasionally had respites as the financial markets gained altitude, these have only made the next day's drop even deeper and scarier. Volatility in the system has increased.
As the crash of '08 snakes its way through the insurance landscape, your customers will start feeling the impact of the inevitable hard market. Insurers will strengthen their underwriting requirements, making
A key congressman asked U.S. banking officials to investigate whether foreign institutions received preferential treatment by having their counterparty claims against AIG paid off while U.S. banks were asked to accept pennies on the dollar.
When we think of "technology," it's easy to think about computers, phones and other hardware/software solutions in our 21st century agencies. But an easily overlooked IT responsibility is disaster preparedness and business continuity.
Ronnie Bennett thought he was being smooth when he dropped his car off for repairs at a mechanic, then decided to report the car stolen and collect a claim payment.