Chubb launches interactive Risk Conversation social resource

The Chubb Group of Insurance Companies has announced the launch of its Risk Conversation resource, which provides consumers with an interactive community that addresses struggles to risk management for individuals and businesses. The Risk Conversation resource is available at riskconversation.com, and provides information for prevention, risk assessment tools, and blogs that can help its users to pinpoint, understand, and manage a number of different risks to which they can be exposed in their professional and personal lives. Chubb’s public relations manager, Mark Schussel, said that risk is something that affects everyone…

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With public entities making major cutbacks, insurers are growing weary of the increasing risks found in state prisons

The effects of 2008’s economic recession are still being felt today, even as the economy shows modest signs of recovery. The lingering impact of economic turmoil is now being felt by public entities that are making major cutbacks to personnel and services. The insurance industry is keeping a keen eye on these government-backed entities as they are becoming increasingly exposed to risk. State prisons, in particular, have insurers worried due to the rampant overcrowding seen in such facilities throughout the U.S. The Professional Liability and Underwriting Society, a risk analysis…

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New racing insurance program offered for drag series

The Quick 32 Sportsman Series, in partnership with the Pro Modified Racing Association, have announced that they will both be participating in ChampionsEdge.ca, a form of race car insurance that has been designed specifically to insure the competitors that will be taking part in the two series of drag races. The program will be working through the Markham, Ontario-based Insureit Group Inc., which will provide specialized off-track coverage for the race participants. Coverage from the insurance program will include losses from theft, fire, hail, vandalism, derailment while the racer is…

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