Risk Management

Joan Lamm-Tennant has been chosen as 2013s Insurance Woman of the Year by the Association of Professional Insurance Women.

The Council of Insurance Agents and Brokers is urging the Senate to act promptly on legislation providing a mechanism for a true nonresident licensing reciprocity.

Tropical Storm Andrea moved briskly along the South Carolina coast on May 7, bringing drenching rains and threatening to spawn tornadoes as it churns up the Eastern Seaboard, U.S. forecasters said.

Tropical Storm Andrea moved briskly along the South Carolina coast on May 7, bringing drenching rains and threatening to spawn tornadoes as it churns up the Eastern Seaboard, U.S. forecasters said.

In an effort to deflect consumer outrage from mandated flood insurance rate increases, House members touted a provision in legislation passed June 5. But it apparently wont accomplish what they want it to do.

Although hurricanes are usually associated with southern coastal states, hurricanes Irene and Sandy proved storm surge is also a big risk for other states.

The odds are in favor of renewal for the Terrorism Risk Insurance Act, but do not expect expansion of the program says William R. Berkley, chairman and CEO of W.R. Berkley Crop.

Legislation providing a mechanism for establishing true nonresident licensing reciprocity was reported out of the Senate Banking Committee.