Financial services regulatory reform legislation establishing a Federal Insurance Office with limited authority was passed last week by the House of Representatives, setting the stage for Senate action after the July 4 recess. ...

After weathering the financial disaster and seeing a growing interest in captive formations, the alternative risk-transfer industry has hit new stumbling blocks that can triple the time it takes to set up a new facility. ...

The property insurance take-up rate for terrorism coverage continues to rise, with 61 percent of companies surveyed by Marsh—a record high—buying the additional protection against catastrophic risk....

The former CEO of AIG's Financial Products Division said the collateralized debt obligations that undermined the company’s financial foundation and prompted a government bailout should not have caused the losses they did....

American International Group has outlined a plan meant to retain and attract executives as it works to repay its obligation to the federal government, which owns about 80 percent of the company....

Although reinsurers cut prices for June 1 renewals, one Bermuda-based executive speculated that price hikes in the insurance loss warranty market—fueled by the Deepwater Horizon disaster—could eventually spread to the reinsurance market....

A spate of disasters early this year, the ongoing oil spill in the Gulf of Mexico and predictions of an active hurricane season have reinsurers on edge. ...

Risk managers preparing for disasters can learn a lot from the very first known practitioner of catastrophe mitigation....

Public entity risk managers both here and in the United Kingdom are being subjected to drastic budget cuts that can compromise their effectiveness....

Although Latin America is not the largest regional trading partner with the United States, it is the fastest growing one....