Risk Management

A report by the Special Inspector General for the Troubled Asset Relief Program sharply criticized the Treasury Department for failing to rein excessive pay for top executives of companies that received government bailouts through the Troubled Asset Relief Program.

Last weeks order by New Jerseys governor standardizing the rebuilding codes along the states coast in the wake of Superstorm Sandy will help speed the process of rebuilding, but agents say property owners are just beginning to learn the implications it may have on their reconstruction decisions.

A new study by the Consumer Federation of America lauds State Farm as a company that is successful in the highly competitive personal-auto market without the need to use highly discriminatory factors in setting rates.

Louisiana Insurance Commissioner Jim Donelon says State Farm didn't meet the criteria to have a regional deductible plan approved.

The National Alliance for Insurance Education & Research is adding classroom courses to its Certified School Risk Managers program in 2013.

The National Alliance for Insurance Education & Research is adding classroom courses to its Certified School Risk Managers program in 2013.

The U.S. has gone seven consecutive years without a landfalling major hurricane, the longest stretch since the 1860s, a meteorologist with Aon Benfields catastrophe modeler says.

Starr International and Maurice Hank Greenberg have no more than a 20 percent chance of winning damages in their lawsuit claiming that that the government acted punitively against American International Groups shareholders when it bailed out insurance giant in September 2008, AIGs lawyers say.