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The firm owning the drilling rig that sank in the Gulf of Mexico could be liable for millions of dollars depending on its leasing agreement with BP, a lawyer familiar with oil and gas litigation said.

Researchers said by summer's end they plan to start extensive tests on a gigantic new facility that will try to blow apart houses to gauge the effects of hurricane winds.

With concerns mounting over the dangers of driver distraction from cell phones and texting, a new British survey is highlighting perils from GPS devices.

Although risk management is a system for controlling the exposures an organization has experienced and might conceivably face, it is by no means fool-proof, mainly ...

Not only are most risk management departments being spared substantial cutbacks despite the deep contraction in corporate America, but the overwhelming majority of risk managers ...

Hospitals have driven up auto insurers' costs by more than $1 billion with charges for treating accident victims that would normally be paid by Medicare or Medicaid, an industry group study has found.

AAIS, the advisory organization that develops standardized policy forms announced it will offer a by-peril rating plan that will allow insurers to rate homeowners policies on the basis of various causes of loss.

Two Boston non-profit groups will be gifted with bookshelves and books from attendees and exhibitors at the Risk and Insurance Management Society 2010 Annual Conference & Exhibition, RIMS announced.