Loss Control

While an analyst recently said infrastructure damage from Sandy could push losses above current estimates, industry experts say most infrastructure is not privately insured.

The National Transportation Safety Board released its 2013 Most Wanted List, and one of the 10 issues the organization would like to see the transportation industry to focus on next year is to mandate motor vehicle collision avoidance technology.

Qualifying families of the Aurora, Colo. shooting victims will each receive a six-figure check in the coming days.

The East Coast electric grids slow recovery from Hurricane Sandy highlights the shortcomings of the overburdened utility system and its susceptibility to damage from a different kind of surprise threat: terrorist attacks, especially hackers, notes one risk manager.

S&P believes reinsurers can withstand losses well outside the range of current estimates, but says some market participants believe loss amounts could be 30-50 percent higher than estimated due to the hurricane-deductible debate in some states.

Investors who brought a specialist bond designed to protect Swiss Re from natural disaster claims will not lose money over superstorm Sandy, rating agency Moody's said.