Risk Management

Insurers must take concerted action to deal with the mounting catastrophe costs associated with climate change, said a research study published today.Mindy Lubbers, president ...

Washington--Insurance industry representatives told Congress yesterday their resources can handle Hurricane Katrina losses, but they need government involvement in catastrophe insurance so future natural ...

A prominent consumer advocate has called on insurance commissioners to suspend the use of credit background scores in rating insurance customers who suffer losses ...

Washington--Congress should begin work to extend a modified Terrorism Risk Insurance Act or establish a federal terrorism pool system, speakers at an event held ...

The American Insurance Association (AIA) said today that it found "inappropriate and unnecessary" letters recently sent to state insurance commissioners by consumer groups, urging ...

Insurance industry lawyers at an industry conference dismissed recent brokerage investigations as minor scandals, but a regulator warned that probes with bigger repercussions are ...

Washington--The removal of indicted Rep. Tom DeLay, as House majority leader eliminates a major stumbling block for terrorism insurance backstop legislation sought by insurance ...

The General Accounting Office has told Congress that a loose law allows risk retention groups providing commercial liability insurance to operate in ways that ...