Most executives see risks increasing in both number and complexity – but those same executives say their organizations’ risk management efforts may not be staying abreast of those risks. The findings are part of a report titled “The State of …
Authorities say vandals contaminated the private water system of a mobile home park in western Pennsylvania, leaving about 50 homes without water service. State police in Westmoreland County say someone entered the community water facility at the Pineview Manor Park …
When a Texas City refinery exploded in 2005, 15 people died. Months later, the U.S. Chemical Safety Board found that putting workers in temporary trailers near danger zones at the plant raised the death toll. Since then, temporary trailers have …
The 20 largest European cedants have continued to buy more reinsurance as soft market conditions prevail, although the pace at which retention ratios are falling has been more subdued, according to A.M. Best in a new briefing. A.M. Best said …
Allianz Research projections show that total global premium income rose to a new record high of 3,650 billion euros ($3.9224 billion U.S. dollars) last year (excluding health insurance). In a year-on-year comparison, the nominal increase – after adjustments to reflect …
A proposal by the Trump administration to cut $190 million in funding for updating U.S. maps of flood-prone areas would trigger higher insurance rates or more homebuilding in risky locations, a consumer group said on Monday. Flood-mapping provides important details …
Authorities are trying to determine whether a series of break-ins at mosques in Alabama might be linked to a similar case in Virginia based partly on similarities shown in surveillance photos, officials said Friday. Images taken earlier this month during …
The Walt Disney Co. has agreed to pay $3.8 million in back wages to Florida workers for violating minimum wage and overtime rules as part of an agreement with the U.S. Department of Labor. The federal agency said Friday that …
CNA has launched a new lawyers’ data breach and network security endorsement. The new endorsement is available as part of CNA’s Lawyers’ Professional Liability (LPL) policy. The CNA LPL policy provides coverage for client network damage claims up to the …
Insurance complaints ranked last of the top 10 complaint categories for 2016, according to the Tennessee Department of Commerce & Insurance’s (TDCI) Division of Consumer Affairs. The number of consumer complaints in 2016 related to insurance – 177 of a …
