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…
(Reuters) — Bank of America Corp. said it settled all claims with Freddie Mac arising from residential mortgages sold to the government-backed housing agency through the end of 2009.
While the legal wizardry involved is cloaked in secrecy, a Los Angeles store selling “Harry Potter” merchandise and services has reached a settlement with Warner Bros. that will allow the store to remain open.
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…
Five insurance industry leaders have been nominated for the 2014 Insurance Hall of Fame, the International Insurance Society announced Tuesday.
Evan Bull has joined Burns & Wilcox Ltd. as head of its national property practice, the wholesale broker announced.
Given that most U.S. workers do not buy sufficient life insurance, brokers and insurers have stepped up marketing efforts at the worksite, either on a voluntary group or individual basis.
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 and added a new global crisis management endorsement to its foreign …
New Jersey businesses will see an average 3.6% increase in workers compensation rates for 2014, the New Jersey Compensation Rating and Inspection Bureau said.
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.