Risk Management

The insurance industry loses $30 billion annually to overpayment and expenses from claims.

Environmental Impairment Liability (EIL) coverage is becoming integral to a risk manager's insurance strategy.

Once unthinkable liability issues arise from the blossoming space tourism industry.

As of Aug. 1, 2023, insurers must include the supplemental liability coverage, but policyholders can opt out.

Although lawsuits are being filed, no wrong doing by Hawaii Electric has been found at this time.

It is amazing the amount of information that is available to you in the public domain. However, a word of caution: Be careful how you find it and how you use it.

The NICB reports that as much as $10 billion in disaster insurance payments was lost to contractor fraud in 2022.

The proposed guidelines reflect the larger trend of increased antitrust scrutiny under the Biden Administration.