GEICO has been making a concerted effort to attract applicants to fill hundreds of insurance company jobs it is opening and that need workers before the end of the year.
A fire burning in a mobile home park in the Delta town of Isleton destroyed 30 structures and threatens 20 more but is expected to be contained by Tuesday’s end, according to the River Delta Fire Protection District.
A twin-engine plane that killed at least two people and left a swath of destruction in a San Diego suburb nose-dived into the ground after repeated warnings that it was flying dangerously low, according to a recording.
Consumers are looking for a hybrid claims processing model — an intermixing of virtual and self-service with human adjuster interaction, according to the Future of Claims 2021 Report from LexisNexis Risk Solutions.
As a massive investment to repair roads and adapt to climate change faces an uncertain fate in Congress, a new report finds much of the country’s infrastructure is already at risk of being shut down by flooding.
What makes a consumer choose a particular insurance product? The scope of the policy will certainly be important; the price, the recognizability of the brand and its perceived reputation will be factors, too.
St. Charles Farms, a horse farm and equestrian center in St. Charles, Ill., offered off-site trail riding events on different forest preserves several times a year.
The risk management profession measures success by the extent to which it can best help forecast, evaluate and protect organizations against financial and reputational risk. Grey swan events—long-tail risks, known but believed to be highly unlikely—complicate this mission.
Days of torrential rainfall triggered widespread flooding across the Southeast, leaving at least four dead in Alabama, officials said, which has been hit particularly hard by the stormy pattern.
Hurricane Ida made landfall on Sunday, Aug. 29, 2021, near Port Fourchon, Louisiana as a powerful Category 4 hurricane with maximum sustained winds of near 150 miles per hour. High winds, wind damage, storm-surge flooding, and flash floods occurred in many areas.
One of the essential concepts in risk management is risk velocity, or the time between exposure to a risk and its impact on an organization. Technological advancement has accelerated the speed of business, which also means risks may affect and spread within a business quicker.
In a win for policyholders, a federal court has ruled that a ‘bump-up’ exclusion in a directors and officers policy did not bar coverage for the insureds’ almost $100 million settlement of two actions relating to a 2015 merger.
