Risk
RMS Opens Fourth Asia-Pacific Office in Singapore
Catastrophe risk management firm RMS announced last week that it is expanding its Asia Pacific presence with a new Singapore office. The office, led by Paul Burgess, senior director of client ...
House TRIA Draft Boosts Event Trigger, Deductibles; Formal Intro Likely This Week
The formal introduction and markup of proposed House legislation to renew the Terrorism Risk Insurance Act (TRIA) is expected the week of June 16, giving the industry hope something will move toward ...
You Have Mail—and Storm Claims on Your Policies: BMS Launches Alerts
Incoming emails alerting carriers to weather claims on their policies are now automatically generated by BMS Group's iVision catastrophe risk management system, the intermediary announced earlier ...
Top 10 Questions Boards Should Ask About Enterprise Risk Management
Board members are being asked to play a larger role in risk governance. Regulatory requirements, rating agency criteria and evolving management practices are increasing the volume and frequency of ...
Geophysicist: Was Colorado Quake From Wastewater Injections?
A geophysicist from the University of Colorado is hoping to settle the question of whether a small earthquake May 31 near Greeley was caused by wastewater injection wells. The Greeley Tribune ...
FAA Gives First Okay of Commercial Drone Flights Over Land For BP
The Federal Aviation Administration said Tuesday it has granted the first permission for commercial drone flights over land, the latest effort by the agency to show it is loosening restrictions on ...
Managing Flood Risk: AIR Worldwide’s Dr. Jayanta Guin Answers Questions
This summer, AIR Worldwide will release what it says is the property/casualty insurance industry's most detailed, physically based, probabilistic riverine flood model for the United States, answering ...
Hacking Remains Growth Industry as Thefts Reach $445B
Cybercrime remains a growth industry. That's the main message from former U.S. intelligence officials, who in a report Monday outlined scenarios for how $445 billion a year in trade theft due to ...