Risk Management

Federal Emergency Management Agency officials are girding for sticker-shock outrage from consumers as they prepare to implement across-the-board rate increases in the flood-insurance program.

SAP's rapid-deployment solution is designed to help insurers located or doing business in the EU to meet the Solvency II Directive's reporting requirements.

Much attention is paid to cyber theft, but the top source for identity theft turns out to be the wallet.

Despite the increased focus on data security, many insurers experienced data breaches in the past 12 months. Balancing compliance obligations and cyber attack vulnerabilities.

What's in store for the 2013 legislative and regulatory landscape? A quick recap of significant updates in 2012 may offer a glimpse to claims professionals.

One lesson coming out of Superstorm Sandy is that after an event is not the ideal time for companies to try to understand the extent of insurance coverage, says an executive with insurance broker Aon.

The U.S. population is aging, but despite statistics that older drivers have higher claim rates, the overall number of collision claims is not expected to increase, says the Insurance Institute of Highway Safety.

New York Governor Andrew Cuomo imposes emergency regulations on insurers to speed the processing of Sandy claims, but an industry representative calls the rules "heavy handed" and says no other states have seen fit to take similar actions.