Loss Control

One weather forecasting company says that the Atlantic could give birth to several systems over the next couple of weeks, based on evolving weather conditions.

One weather forecasting company says that the Atlantic could give birth to several systems over the next couple of weeks, based on evolving weather conditions.

A trend is emerging that may put increased pressure on workers’ compensation rates. Liberty Mutual's Brian Melas discusses steps risk managers, with help from their insurers, can take to control costs.

While carriers’ second-quarter results largely declined due to catastrophe losses, three brokerages recently reported growth during the quarter, led by Aon Corp.’s 69 percent increase in net income.

In the enterprise-risk management (ERM) arena, risk-management professionals must perform mazing feats, rounding up and lassoing a herd of risks that are potentially dangerous, unpredictable and hard to manage. They do this using a system of effective internal controls.

Industry officials voiced deep concern over the lack of action in the Senate to extend the current version of the National Flood Insurance Program through Dec. 31.

There are two areas of the current ISO Business Income Worksheet that are potentially misleading, and which can lead to problems.

For an underwriter, summer is an attractive nuisance nightmare.