Public Sector Risk

Victor Parker, risk management director for the City of Los Angeles, shares his mitigation strategies for some of the trickiest exposures in the U.S., extols the value of sticking ones neck out, and proudly discusses the program innovations introduced under his watch that saved millions and generate revenue.

The top staff official of the Property Casualty Insurers Association of America is warning the industry that reauthorization of the Terrorism Risk Insurance Act will be an uphill climb in this Congress.

New York Gov. Andrew M. Cuomo is proposing to spend a chunk of Superstorm Sandy relief funds on buying out severely damaged homes and turning the properties into open space or flood plains, an idea that met with approval by industry interests.

The National Alliance for Insurance Education & Research is adding classroom courses to its Certified School Risk Managers program in 2013.

Kevin Schwartz, a Butler junior, connects on first attempt

The real claims lessons from Sandy are about insurers' preparation (not response) to disaster.