Risk
Wolters Kluwer Financial Services IDs 7 Top Concerns for Operational RMs
Wolters Kluwer Financial Services has identified seven key risk management areas it believes organizations should pay attention to in the next 12 months. The company says it made its selection after ...
Nomura Warns Inflation Risks Could Tar Long-term Insurance Earnings
Property/casualty insurers' 2014 second-quarter earnings will generally serve as a model of stability, though inflation and other factors may adversely affect long-term trends, Nomura Equity Research ...
Tropical Storm Arthur Watch: Small Turns Could Mean Big Impact
As Tropical Storm Arthur develops off Florida's coast, AIR Worldwide isn't predicting an major insurance damage. But small moves can mean big changes, the Boston-based catastrophe modeling firm said ...Risk Management Office Privatization Saves Louisiana $16M
Louisiana has saved nearly $16 million in the first three years of a privatization contract for the Office of Risk Management, the state's self-insurance agency, according to an audit released ...
Risk Remains After California’s La Habra Earthquake, Report Concludes
Southern Californians were lucky that a magnitude-5.1 earthquake that hit in March just 20 miles east of Los Angeles caused minor damage. A far worse event in the region is inevitable, however, and ...
U.S. Bond Funds Sue Puerto Rico Over Bankruptcy Law Changes
U.S. mutual funds holding about $1.7 billion in Puerto Rico debt have sued the cash-strapped commonwealth, accusing the Caribbean island of passing an act modeled after the U.S. bankruptcy code in ...
Ex-AIG CEO Greenberg Loses Supreme Court Appeal Over Company’s Bailout
The U.S. Supreme Court on Monday rejected an appeal by former American International Group Inc Chief Executive Maurice "Hank" Greenberg, who accused the Federal Reserve Bank of New York of unlawfully ...
Another Climate Report Outlines Business Risks, Insurance Pitfalls
"Risky Business: The Economic Risks of Climate Change to the United States," a report on climate change and how it will affect businesses, offers a variety of information on how a changing world will ...