The ransom and extortion industry’s danger zone has expanded well beyond Central and South America, yet companies tend to downplay the importance of a kidnap & ransom insurance policy, according to a new report by Lockton. The report, authored by …
The Travelers Insurance Cos. has launched an interactive, on demand service for property and casualty insureds looking to manage and mitigate their business risks. The new service, called Risk Control OnDemand, connects Travelers risk experts with insureds through screen share …
The European Insurance Forum, held in Dublin on the 9th and 10th of May, presented an opportunity to examine Ireland’s progress in overcoming the financial crisis that caused a severe recession beginning in 2008. It also highlighted the role played …
Crum & Forster (C&F) will now offer DriveCam’s managed services to its policyholders as part of C&F’s loss control/safety management services. DriveCam addresses safety by combining data and video analytics with real-time driver feedback and coaching, resulting in reductions in …
“The growing threat of natural catastrophes is raising serious challenges for corporate risk managers and the insurance industry,” according to the second issue of Resilience magazine, the risk management publication from Willis Group Holdings. Rowan Douglas, Chairman of the Willis …
Water is a precious natural resource entrusted to water entities across the country. These entities include public and private water companies, irrigation companies, conservation districts and more. They face many challenges, from water main breaks to water quality and treatment …
Agency Catastrophe Plans. How to keep a catastrophe from becoming an even bigger catastrophe. I don’t know who said it, but they correctly concluded that the best E&O audit is a natural catastrophe because so many clients have claims and …
The ACE Group has created an employment practices risk management tool with a global labor and employment law firm – Littler Mendelson (Littler). The new tool will be available to ACE’s primary EPL and private & not-for-profit company management liability …
At least one industry analyst says that good risk management is protecting insurers as they face a new normal level of catastrophe losses. Other experts believe luck is playing a bigger role than skill. Speaking at the Property/Casualty Insurance Joint …
It has not been easy being an insurance agent specializing in the homebuilders insurance market during one of the worst economic recessions in U.S. history. Survival in the recession meant change and a lot of hard work. “I’ve worked harder …
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