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Thailand Floods Create Supply Chain Risk
December 08, 2011
The expected cost to insurers for the losses in Thailand could be as much as $3.25 billion. Given the relatively low insurance penetration rate in Thailand, the economic losses are... Read More...
5.6-Magnitude Earthquake Hits Central Oklahoma, Modest Damage Reported
November 08, 2011
The earthquake, centered 44 miles east of Oklahoma City, was the largest on record in Oklahoma and was felt as far north as Wisconsin and as far east as South Carolina, according t... Read More...
Tropical Storm Rina Brings Heavy Rain, Winds to Mexico
October 27, 2011
Hurricane Rina is projected to bring heavy rainfall, winds, and flooding to eastern Mexico, Cuba, and possibly south Florida. M Read More...
U.S., Mexico Brace for Approach of Hurricane Rina
October 26, 2011
Hurricane Rina is projected to bring heavy rainfall, winds, and flooding to eastern Mexico, Cuba, and possibly south Florida. M Read More...
7.2-Magnitude Earthquake in Turkey Kills Hundreds, Damages Thousands of Buildings
October 24, 2011
Several hundred people were estimated to have been killed by the earthquake; several thousands of buildings have been damaged or destroyed. Read More...
Thailand Hit by Worst Flooding in 50 Years
October 21, 2011
The floods have affected more than two million people and caused major damage to infrastructure, including rail and road transport. Read More...
Avian Influenza Pandemic Potential New Threat to Asia, Other Regions
September 16, 2011
The United Nations Food and Agriculture Organization (FAO) urged global leaders to consider heightened preparedness and surveillance as it appears that a mutant strain of H5N1 is s... Read More...
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August 26, 2011
As of 5 am EDT on Monday, August 29, Irene was a post-tropical cyclone with its center approximately 100 miles northwest of Houlton, Maine, according to the U.S. National Hurricane... Read More...
Social Media May Expose Companies to Cyber, Reputational Risks
June 15, 2011
Although social media strategies such as maintaining a Facebook page or Twitter feed, provide organizations with a wide range of opportunities, they also expose them to new risks. Read More...
'Cash Before Cover' Regulation in China Expands to More Cities, Provinces
May 26, 2011
Effective June 1, 2011, the “Cash Before Cover” provision introduced in the Chinese market last year, will be implemented across more cities and provinces in China. Read More...
Iceland’s Volcano Eruption Poses Potential Property, Supply Chain Risks
May 25, 2011
Eruption of Iceland’s Grimsvötn volcano, which started on Saturday, appears to have slowed significantly early today, according to news reports. Read More...
Strong Tornado Causes Major Damage in Joplin, Missouri
May 25, 2011
A strong tornado struck Joplin, Missouri last week, killing more than 100 people and destroying more than 2,000 buildings, according to news reports. Read More...
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May 17, 2011
Effective July 1, 2011, all U.K. businesses will be required to comply with the new Bribery Act laws. Those that fail to establish and document anti-bribery and corruption procedur... Read More...
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May 16, 2011
In an historic recent court case, an executive was convicted of murder on the grounds that the company’s failure to adopt accident prevention and safety measures resulted in the de... Read More...
Tornadoes and Floods Kill HundredsThroughout Southern United States
May 06, 2011
Severe weather in southern regions of the United States spawned hundreds of tornadoes last week, killing at least 340 people in six states, causing power outages and infrastructure... Read More...
New "Cash Before Cover" Regulation in China to Affect Many Policies
January 10, 2011
The China Regulatory Commission recently implemented a new regulation stipulating that insurance policy documents may not be issued until the premium or first installment premium i... Read More...
Proposed U.S. Food Modernization Act Passed By U.S. Senate — Moves One Step Closer to Reality
December 06, 2010
With tainted food scares and recalls on the rise in the United States, the passage of the U.S. Senate Food Safety Modernization Act on November 30, 2010 could herald a fundamental ... Read More...
Argentina Mandates Environmental Insurance
November 29, 2010
Argentina recently implemented environmental directives requiring companies that conduct potentially high risk operations to obtain insurance that will cover any environmental dama... Read More...
Soft Commercial Insurance Market Conditions Expected to persist in Fourth Quarter of 2010
November 19, 2010
Soft commercial insurance market conditions are expected to persist through the fourth quarter of 2010, according to preliminary rate information published last week by Marsh. Read More...
Risk Manager's Role Becoming More Prominent Across The Organization
November 15, 2010
Risk managers are wielding greater influence on strategic decisions across their organizations, according to a senior executive at Marsh. Read More...
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