Ever heard of the Fujiwara effect? It's when two tropical cyclones come in such close proximity that they actually begin to orbit one another.

One of the most famous quotes of baseball legend Yogi Berra was his adage: "It ain't over till it's over."

As we bid adieu to 2009, many in the insurance industry are looking to the new year with greater optimism than they might have thought possible this time last year.

For insurers, the current economic environment appears to have brought one thing along with it: an increase in the incidence of fraud.

On April 18, 1906, a rupture of the San Andreas Fault was felt from southern Oregon to south of Los Angeles. Measuring 8.25 on the Richter scale, the tremor killed an estimated 3,000 people and caused $500 million in damages.

For decades, there has been talk of creating a federal insurance regulator. The industry remains split on the issue, with the life industry generally in favor of federal oversight, but with

That may change, as I believe it likely regulators will soon begin developing requirements for insurers regarding ERM programs. Why should regulators put ERM into their oversight scheme? There are