Loss Control

Global natural catastrophes have made 2011 the highest loss year on record after just the first six monthscreating opportunities for risk managers to review coverage and issues such as supply-chain disruption, according to an industry expert.

Critical operations of the National Flood Insurance Program are in danger of being shut down Oct. 1.

Natural catastrophes have made 2011 the highest loss year on record globally, Robert Hartwig, president of the Insurance Information Institute, notes yesterday at the Houston Marine Insurance Seminar.

With the global climate expected to rise 4 degrees Celsius rather than the projected 2, adaptation and resiliency are mandatory for the survival of vulnerable populations, according to experts here.

The NFPA released its annual report detailing national fire trends and the resultant fatalities and property losses.

Insurer Steadfast does not have a duty to defend AES Corp. in a climate change case alleging that AES emissions have contributed to rising sea levels threatening the village of Kivalina, Alaska.

Insurer Steadfast does not have a duty to defend AES Corp. in a climate change case alleging that AES emissions have contributed to rising sea levels threatening the village of Kivalina, Alaska.

Medical-malpractice insurers are enjoying profitable results, even though rates are decreasing. Its a good time to be in this line of business, says Robert Allen, senior vice president of medical-professional liability for Torus.