Loss Control

While it may not come as a shock to any risk manager, Aon says it can establish a link through data between companies with higher risk-management maturity and higher relative stock-price returns and lower stock-price volatility.

The president of a conservative think tank is highly critical of the current effort to roll back flood insurance rate increases imposed through a 2012 law, saying the reforms were modest and a test of whether federal legislators have the political will to put its fiscal house in order.

According to the National Insurance Crime Bureau, 31,586 large and mid-sized vehicles were reported stolen in the United States between January 2009 and December 2012. The vast majority of these vehicles were mid-sized, making up nearly 70% of the large and mid-sized vehicle total.

Terrorism remains a difficult risk to insure, but, contrary to the views of some, it can be modeled by measuring the likelihood of an attack against vigorous counter-terrorism efforts employed by Western nations, according to a Risk Management Solutions white paper.

Adjusting has evolved and grown in complexity, but many of the same principles from ancient times still apply today. And what a wild ride it's been!

Catastrophe-reinsurance pricing will likely see a low-double-digit drop at Jan. 1 renewals thanks to the quietest U.S. Atlantic hurricane season in decades, says Fitch. And a Fitch analyst says alternative capital, which is also pressuring rates, is likely here to stay even in the event of a major loss.