Fear of cyber warfare and technology issues joined pandemics, large-scale natural catastrophes and concerns about food, water and energy shortages as the top five long-term risks for the insurance industry.
A direct correlation exists between the maturity of an organization’s risk management practices and stronger financial results and resiliency, according to a report released Thursday by Aon Global Risk Consulting, the risk consulting…
The Metropolitan Transit Authority, whose Metro-North train derailed Sunday, has $350 million in coverage in excess of a $10 million self-insured retention and $50 million in liability coverage through its captive insurer.
(Reuters) — JPMorgan Chase & Co. is warning some 465,000 holders of prepaid cash cards issued by the bank that their personal information may have been accessed by hackers who attacked its network in July.
The U.S. Supreme Court on Monday denied a Christian university's request for a hearing on its challenge of the health care reform law's employer mandate.
Without congressional action, thousands of individuals who have lost their jobs due to foreign competition, as well as retirees in failed pension plans, will pay more for health coverage when a law that provides federal health insurance premium…
Willis Re, the reinsurance arm of Willis Group Holdings P.L.C, has dismissed two employees from its Hong Kong office for what the brokerage said were “inappropriate business practices.”
View photos from the Business Insurance Women to Watch Leadership Workshop and Awards Luncheon, held Dec. 3 in New York.
Liberty Mutual Holding Co. Inc.'s commercial insurance business unit has created a new product focusing on property coverage of foreign operations of midsize U.S. companies.
While carolers may chant joyfully about the holidays being “the most wonderful time of the year,” many U.S. workers find themselves singing the blues during the winter months.
An employer must pay part of the money into an employee's Medicare set-aside account for future medical costs, even though the man died before he could receive it, a North Carolina appellate court has ruled.
A Fresno, Calif., man has been ordered to pay $4.2 million in restitution to workers compensation insurers after he pleaded guilty to felony insurance fraud, the California Department of Insurance said Thursday.