Contracts, Emerging Risks and M&As Critical Areas to Notice As the difficult economy forces architects and engineering firms to focus their resources on keeping their firms afloat, risk management is taking a backseat. This dangerous trend means insurance brokers and …
Insurance customer service and claims representatives may not have realized it, but when they fail to do their jobs, they are contributing to the insurance fraud problem. According to a survey by Accenture, more than half (55 percent) of U.S. …
Economic recovery in the United States is now very dependent on the state of mind of the American public and its business leaders, according to William R. Berkley, founder, chairman and CEO of W.R. Berkley Corp. “No one in Washington …
Whether Tomas passed through the eastern Caribbean as a hurricane or a tropical storm is rather irrelevant, as, whatever it was, it caused a lot of damage. The Caribbean Catastrophe Risk Insurance Facility (CCRIF) has already issued a detailed report, …
If Republicans make big gains in U.S. Congressional elections on Tuesday, as expected, Wall Street and big banks will have sweet, but incomplete, revenge on Democrats who drove through sweeping financial reforms against industry opposition. The likeliest outcome of Democrats …
California has a $1.85 trillion economy that ranks it as a global financial power, thanks in part to a multi-billion dollar boost from the property/casualty insurance industry, according to a new report. In 2007, insurers contributed $30.1 billion to California’s …
Halloween is scary fun for kids—and for some insurance agents, too. These insurance professionals make sure their clients who manage haunted houses, corn mazes, pumpkin patches and other Halloween attractions are protected should any of their tricks or treats turn …
Indianapolis-based Oak Street Funding, one of the largest insurance lending firms for the insurance industry and insurance agencies, has been acquired by private equity firms managed by the firm Angelo, Gordon & Co. Terms of the deal were not disclosed. …
Economic recovery in the United States is now very dependent on the state of mind of the American public and its business leaders, according to William R. Berkley, founder, chairman and CEO of W.R. Berkley Corporation. “No one in Washington …
The newly installed UK government has been announcing cutbacks in all sectors of the economy in order to bring down Britain’s budget deficit. The cuts will effect investment in flood defense spending as well. Nick Starling, the Association of British …
