The claims numbers are rolling in as insurers and homeowners begin the painful process of inspecting what remains of the devastation left from the Colorado wildfires that at their height forced 32,000 people to evacuate their homes and left one insurance executive describing his own brush with loss.

Windstorms that exploded through the Ohio Valley and mid-Atlantic late last week have left thousands without power and insurers dealing with an increasing number of claims that are rising into the tens of thousands.

Increasingly, more CEOs and CFOs are taking charge of their companies' risk-management duties, according to a Deloitte & Touche and Forbes Insights survey--and the majority of those companies say they plan to implement changes designed to raise the profile of risk management throughout their organization.

Economic factors are playing a part in EPLI rate increases, but the current regulatory and legal environment may be an even stronger force behind the hikes, an expert says.

Given the phenomenal budget challenges faced by the federal, state and local governments, the U.S. must adopt a cohesive and adaptable Enterprise Risk Management strategy in order to avoid becoming the next Eurozone, a risk expert says.

In the face of an expected slow-growth insurance market over the next two years, insurance executives plan to focus on improving operational processes and technological capabilities as well as acquiring new businesses to remain competitive, according to a recent survey.

In the face of an expected slow-growth insurance market over the next two years, insurance executives plan to focus on improving operational processes and technological capabilities as well as acquiring new businesses to remain competitive, according to a recent survey.

Tremendous insured losses from natural catastrophes in 2011 took a toll on pricing across all insurance segments, according to the newly released Risk and Insurance Management Society Benchmark Survey measuring Total Cost of Risk and its impact on 10 industry groups.