Risk
Obama Administration Pushes Congress to Renew Trade Promotion Authority
The Obama administration's top trade official said on Tuesday that the United States is aiming to finalize a giant trade deal with 11 other Pacific Rim nations by the end of year, but that it needs ...
Reinsurers Target Regional Carriers as Alternative Capital Lures National Accounts
Regional and super-regional carriers may start getting more attention from reinsurers in advance of Jan. 1, 2014 renewals, a broker representative predicted recently. During the PCI Annual Meeting in ...
New York Announces Emergency Disaster Protocol for Insurers
New York Gov. Andrew Cuomo announced that his administration has established a new emergency disaster protocol that insurers should expect to follow in the event of future severe storms and other ...
Toyota Settles Acceleration Case After $3M Verdict
Toyota Motor Corp. reached a deal last Friday to resolve a lawsuit in the United States over unintended acceleration issues, one day after a jury found the Japanese carmaker liable and ordered it to ...
Insurance, Tax, Climate Groups Hit Proposed Delay in Flood Insurance Increases
The prospect of a delay in flood insurance reforms that are raising premiums for many homeowners is being met with pushback from business, taxpayer, climate and insurance groups. Rep. Maxine Waters, ...
Could 2013 Be ‘Tipping Point’ in Cyber Risk Awareness?
Historians may look at the year 2013 as a "cyber tipping-point" -- the point at which businesses and governments finally realized the severity of the threats they were facing, according to Advisen, a ...
Lessons from Hurricane Sandy, a Year Later: Howard Mills Looks Back
The one-year anniversary of Hurricane Sandy may mark an appropriate time to review how the insurance industry reacted to this disaster and the lessons we can draw from that. As a former insurance ...
Jury Finds Toyota Liable in First Unintended Acceleration Crash Trial
Toyota Motor Corp. has been found liable in an unintended acceleration lawsuit in the U.S., one of the first such cases to go to trial since the Japanese carmaker began recalling millions of vehicles ...