With $110 billion in damage, 2012 was the second-costliest year for weather and climate disasters since these records began to be kept in 1980, federal climate scientists announced Thursday. Only 2005 was costlier, with $160 billion in damage, when Hurricane Katrina blasted the Gulf Coast.
U.S. regulators are stepping up calls for banks to better-arm themselves against the growing online threat hackers and criminal organizations pose to individual institutions and the financial system as a whole.
Florida didn't trigger the financial crisis within the National Flood Insurance Program. In fact, over the past 35 years, the state' property owners have helped prop up the program, paying four times more than they have gotten back in claims.
With health care reform looming, nearly half of U.S. employers (45%) are considering making changes to their total rewards programs or workforce strategies. However, most do not anticipate changes that could negatively affect a significant portion of employees, such as discontinuing emplo...
The Insurance Industry Charitable Foundation (IICF) is pleased to announce that Pina Albo has been awarded theinaugural Women in Insurance Luminary Leadership Award. This special recognition was presented to Ms. Albo at the IICF Women in Insurance Global Conference Dinner on June 13, 2013.