Loss Control

In a recent research report insurance broker and risk advisor Marsh examines the hazards faced by retailers who source textile goods from low-cost markets.

Catastrophe modeler AIR Worldwide says its hurricane model has been certified by the Florida Commission on Hurricane Loss Projection Methodology.

No matter how prepared a company may be, or thinks it may be, a cyber-security breach can still occur. What the company does next can have a profound impact on its reputation.

Eqecat and Risk Management Solutions say the Florida Commission on Hurricane Loss Projection Methodology certified the catastrophe modelers' hurricane models for use in residential rate filings.

In claims management, preventive measures are still the best way to control costs. However, claims are going to occur, so having the right plan in place to manage them becomes critical.

With insurance industry support, the New York City Council Committee on State and Federal Legislation on June 17 proposed a resolution supporting the extension of the Terrorism Risk Insurance Act.