National
Under writer
THE LEADER IN PROPERTY & CASUALTY NEWS
RISK MANAGERS
COMPENSATION SURVEY
NU 's Annual Snapshot of
Salaries, Perks and the
Employment Picture
Page 26
TOP STORIES OF THE WEEK DEAN OF RISK
Rates Continue to Rise, Yet
Hard-Market Turn Not Imminent
While multiple studies point to increasing
rates, at least one firm, ALIRT Insurance
Research, maintains the industry has yet to
reach its “tipping point” to shift to a true
hard market. E Page 6
March Weather Delivers
$1.8B in U.S. Insured Losses
A severe-weather outbreak through parts
of the Midwest, the Tennessee Valley and
the Southeast spawns at least 65 tornadoes,
leading to more than 170,000 claims.
E Page 8
After FSOC Rule, Industry
Maintains P&C Not
Systemically Risky
Insurance-trade groups insist that the
Financial Stability Oversight Council not
include P&C insurers among those designated “systemically important” financial
institutions, arguing they do not pose a
threat to financial stability. E Page 10
Embracing Transparency in
Fraud Cases a Smart Move
Howard Mills, former superintendent of
the New York Insurance Department, explains the value of proactive engagement
with regulators. E Page 42
As Head of Risk Management at New York University, Michael Liebowitz Tackles
a Universe of Risks, from Student Films to Cyber Risk to Dorm Life See page 20
D&O: ‘DEATH BY
1,000 CUTS’
Severity of Securities Class-Action
Suits Down, but Smaller Cases Are Up
Page 38
