How to Develop a Robust Risk Appetite Statement

In a recent Own Risk and Solvency Assessment webinar conducted by FTI Consulting, more than 50 percent of attendees stated they had not adequately defined risk appetite as part of their ORSA ...

Ex-AIG Head Loses Bid to Dismiss Fraud Lawsuit

A New York state appeals court rejected former American International Group Inc Chairman Maurice "Hank" Greenberg's bid to dismiss a lawsuit accusing him of orchestrating an accounting fraud at the ...

By The Letters: Multiple Insurance Regulators

As the regulators and other entities influencing the regulations of U.S. insurance companies have multiplied around the world, it's become harder to keep track of them. Andy N. Mais and David S. ...