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Recent cases involving penalties against insurance carriers by the Office of Foreign Assets Control underscore the need for a formal policy.

The litigation aftermath after nearly two years of a rolling, worsening financial crisis will continue to play out. At the same time, the demand for D&O and E&O coverage has increased in the marketplace. Unless losses take on truly unexpected dimensions, most companies with competitive positions in the D&O and E&O markets should continue to meet this demand.

For brokers, there's nothing quite like a financial crisis to test their commitment to service and to stretch their imaginations in the service of clients.

Many brokers don't begin by planning to go into the insurance business. But once they're there, they can't imagine being anywhere else.

After a false start or two in the wake of the contingent commissions scandal unleashed by former New York Attorney General Eliot Spitzer, Marsh's captains say their ship is finally on the right tack.

Beecher Carlson snaps up property brokers in the wake of last year's mergers, adding to its traditional casualty strengths.

Wells Fargo Insurance Services Inc. is one to watch as it integrates Wachovia's insurance unit and bets on its ability to sell insurance products to banking customers.

From Washington to Obama, a people business evolves and prospers as it meets the needs of a world in which risks grow more complex.

The 2008 Willis-HRH blockbuster combo vaults the merged firm into the No. 2 spot in the North American marketplace as a credit crisis dampens dealing.

2009 is poised to be a pivotal year for enterprise risk management as ratings houses take the strategy into account across all industries.

Despite strict liability governed by the Montreal Convention, airlines have options to minimize passenger-on-passenger torts.

With governments scrambling to find every dollar they believe is owed their treasuries and vowing to slam shut corporate tax loopholes, companies rethink the advantages of doing business in the archipelago.

Self-insured health plans are willing to work with the new administration to maintain the employer-sponsored healthcare system, but are also prepared to go to war against efforts to nationalize the healthcare system.

In Los Angeles, a pooling arrangement between the city and its quasi-public authorities could save taxpayers nearly $5 million a year. If only risk managers dared, or cared to dive in at once and agree to a common insurance-procurement program.

A federal program for terrorism protection is increasingly making regional population centers, not necessarily cities, the focus of its funding efforts.