James Bennett, Vice President, Aon “In the second half of this year, we had many changes. [We] spun-off one business segment into its own public entity,” said one risk manager.“ Then, just a few weeks later, we were purchased by a major global corporation. “To meet all contractual requirements, we had to develop and obtain… View Article

Jonathan Ball, Managing Director, Marsh “We started putting our general, umbrella and excess liability into a captive in 2017,” said one manager of risk and insurance. “It should not have been difficult but our carrier really struggled with how to handle the paper. “We talked to them about it months in advance and every time… View Article

State-sponsored cyber attackers have all the time and resources they need to probe and then inflict damage on critical infrastructure.

Pipeline explosions are scary and can be deadly; but ample insurance capacity is available.

Jonny Allen and Charlie Richardson appointed new roles at Travelers; Tandis Nili joins Frenkel & Company; Iain Whittingham is recruited by Willis Towers Watson; Bonita Rogers heads to All Risks Ltd.; Jeff Langley moves to Alliant’s Houston Office; and Christopher Lowell steps into a leadership role at The Hartford.

California’s new wildfire liability bill emphasizes mitigation planning, and will allow compliant utilities to pass some costs on to customers.

A strategy known as “blend and extend” helped energy sector contractors stay afloat when oil prices plummeted in 2016. Experts speculate on whether it could have broader uses.

It was a tough lesson learned in court: When a company holds facilities in multiple jurisdictions, an insured is most prepared when it knows under which jurisdiction its policies live.

Energy, litigation and commercial real estate are driving growth in commercial surety.

The energy sector needs to be proactive in assessing its risks, from environmental impact and regulation changes to talent retention and recruitment.

Decentralization of power generation and a rapidly shrinking talent pool are risks that utility companies will continue to grapple with for years to come.

A Texas oilfield inspection company comes under scrutiny when its personnel director propositions and the company then fires a pregnant sales associate.

In this Q&A, the U.S. CEO of a global risk consultancy discusses why measuring loss expectancy is critical to understanding exposure.

Negotiating in the Nick of Time “We recently switched our broker of record to JLT primarily due to Rob,” said a treasury official at one client. “He had some great ideas on how to improve our insurance program. One specific item he proposed and we implemented was adding our terrorism coverage back into our property… View Article

A Partner to Weather All Storms Beecher Carlson’s Susan Garrard supported a client through a complex transaction involving the purchase of a lease interest in a portfolio of power projects from a bankrupt company. “A material chunk of the portfolio is in a part of the country seriously affected by the hurricanes this year,” explained… View Article

The latest trifecta of hurricanes Harvey, Irma and Maria will leave behind serious pollution issues.

A swell of nuclear decommissioning projects is creating an emerging market for conventional insurance but also new risk-management approaches.

As warranties run out on wind turbines, underwriters gain insight into their long-term costs.

Overall economic impact may reach $100 billion.

The Fire Department of New York is concerned about grid storage safety.