More than four million U.S. residences along the Atlantic and Gulf Coasts are at risk of hurricane-driven storm-surge damage, totaling $710 billion in property exposure, says the 2012 CoreLogic Storm Surge Report.
The years of dominance enjoyed by off-shore captive domiciles may be coming to an end as more captive formations move onshore into the United States and Europe, says a report from the Insurance Information Institute.
The years of dominance enjoyed by off-shore captive domiciles may be coming to an end as more captive formations move onshore into the United States and Europe, says a report from the Insurance Information Institute.
Willis calls 2011 the Year of the Breach, and says that while companies are rightfully concerned about their cyber exposures, they need to carefully examine their insurance coverages and risk-management strategies to ensure they are adequately prepared and protected.
Willis calls 2011 the Year of the Breach, and says that while companies are rightfully concerned about their cyber exposures, they need to carefully examine their insurance coverages and risk-management strategies to ensure they are adequately prepared and protected.
To successfully protect their organizations in an increasingly risky and litigious world, its imperative that risk managers and in-house counsel partner closely with each other. NU spoke with several members of our Risk Managers Advisory Board to hear about the most pressing challenges their legal and risk departments are working...
The fifth named storm of the 2012 Atlantic Hurricane Season formed just as Colorado State University experts issued a slightly upgraded forecast for the remainder of the season.
The risk of a major terrorism attack in the U.S. is lower for 2013 than it was for 2012 due to changes in the global terrorism landscape including the death of Osama bin Laden and one of his deputies, according to Risk Management Solutions.
Reinsurers say companies worldwide have suffered intensifying weather-related losses in the past three years, but less than a third of them are actively responding to the riskincreasing the likelihood those companies will be unprepared to deal with the economic impact of more frequent and severe weather events.