A survey of 80 insurer CIO and senior-level executives confirms the established goals and direction of the industry: judicious steam ahead. Conducted by New York-based Novarica, the survey results note that IT budget allocation is a critical requirement for ... [full story]

SEMINOLE, Okla. - Days before deadly tornadoes raked the Plains, forecasters warned people that big storms were on the way and that they would be large and powerful. Scientists even predicted almost to the hour when the twisters might strike. ... [full story]

The poor economy remains the main concern of insurance industry executives in 2010, but the recession is less of a worry than it was last year, according to a Munich Reinsurance America Inc. survey released last week. Advertisement But ... [full story]

BOSTON—Complacency about a major hurricane striking the Northeastern United States could contribute significantly to final loss tally of such a storm, risk management experts say. That's despite the fact that a repeat of the 1938 Long Island Express, which ... [full story]