Theft of information and electronic data at global companies has overtaken physical theft for the first time, but most losses are smaller, spanning months and even years, according to an annual fraud survey.

While the insurance industry fared well during the global economic crisis, many insurers see room for improvement in their enterprise risk management programs, according to an industry survey.

"More of the same" and "not very exciting" are phrases that industry experts are using to describe the outlook for Jan. 1 reinsurance renewals.

Claims arising from the U.S. subprime loan and banking crisis continue to mount, but are said to remain manageable at market level for Lloyd's, according to an Aon Benfield report.

Theft of information and electronic data at global companies has overtaken physical theft for the first time, but most losses are smaller, spanning months and even years, according to an annual fraud survey.

Theft of information and electronic data at global companies has overtaken physical theft for the first time, but most losses are smaller, spanning months and even years, according to an annual fraud survey.

The federal government lifted the ban on deepwater drilling last week, issuing new rules and tightening standards that must be met before drilling can resume.

Plaintiffs in the litigation arising from the debris cleanup at the World Trade Center site following the Sept. 11, 2001 attacks have entered a settlement agreement with The Port Authority of New York and New Jersey, owner of the World Trade Center site.