Loss Control

The horrific events of September 11, 2001 fundamentally altered the insurance industry in a multitude of ways. To examine those changes, we asked carrier executives, catastrophe modelers and five top risk managers to explain in their own words how the coverage landscape has been transformed in the wake of the...

Because terrorist acts have unique characteristics that are unlike natural disasters, traditional loss-prevention tools often fall short when preparing for this risk, according to the Insurance Institute for Business & Home Safety.

Because terrorist acts have unique characteristics that are unlike natural disasters, traditional loss-prevention tools often fall short when preparing for this risk, according to the Insurance Institute for Business & Home Safety.

Even with the best risk management plans in place, including a backup generator and two sump-pumps in the basement, some things just cant be anticipated. This is the main lesson from Hurricane Irene.

Even with the best risk management plans in place, including a backup generator and two sump-pumps in the basement, some things just cant be anticipated. This is the main lesson from Hurricane Irene.

With modern societys ubiquitous reliance on the electrical grid, space weathersuch as a severe solar stormcan wreak havoc on the electric-power supply and trigger losses from business interruption and damaged physical assets.

An amendment that would sunset or end the Terrorism Risk Insurance Act in 2013 will be offered Thursday as an amendment to the legislation reauthorizing the National Flood Insurance Program.

A week of brushfires across the state of Texas has claimed more than 1,000 homes, and insurance losses are expected to be in the millions of dollars, according to officials.