New advances in predictive modeling will play an increasingly important role in the property/casualty insurance business in the next decade, panelists told attendees at the Casualty Actuarial Society Predictive Modeling Seminar. Opening the seminar’s plenary session, moderator Jim Guszcza, the national ... [full story]

American International Group Inc. continues to borrow money under federal financing programs to meet obligations, but its underlying insurance operations are running smoothly, said Edward Liddy, chairman and chief executive officer. Mr. Liddy spoke with Business Insurance Editor Regis Coccia ... [full story]

  Managing regulatory risk is one of the chief concerns of senior executives in risk management, a survey found. The Economist Intelligence Unit Ltd.'s online survey of 320 senior executives with responsibility for risk found that 53% said problems caused by ... [full story]