Every ten days, on average, another rocket carrying a telecommunications satellite thunders heavenward. This satellite might be destined to become part of the international telephone network, or to provide direct-to-home television, or be designed to...

Insurance agents use computers and mathematics to assess risk, determine premiums, and calculate the amount of claims. Insurance agents help people buy insurance plans...

A method of sharing risks. Originally it was chiefly concerned with insuring shipping, the riskiest of business ventures in earlier centuries, but the principle was extended to cover all types of risk, including damage to property, personal injury and...

Insurance is vital to a free enterprise economy. It protects society from the consequences of financial loss from death, accidents, sicknesses, damage to property, and injury caused to others. The person seeking to transfer risk, the insured...

Insurance, in law and economics, is a form of risk management primarily used to hedge against the risk of a contingent loss. Insurance is defined as the equitable transfer of the risk of a loss, from one entity to another, in exchange for a premium....

Reinsurance has long been an effective means of diversifying risk for property and casualty (P&C) insurance companies in Canada, particularly the risk of large-claim events. Nevertheless, reinsurance risk does exist and it can have important implications in determining the ultimate cost of an insolvency...

Insurance: Does that word scare you? For some reason, it brings a chill to most people. Is it the word, or is it the fact that someone is usually trying to sell it in some form to you? If that is the case, get...

Politics: Democrats are running ads charging Republican congressmen with opposing health insurance for children. Perhaps they also can explain why they want to cut Medicare and subsidize both the well-off and illegal aliens.In radio ads sponsored by the Democratic Congressional Campaign Committee, five GOP House...

A gentleman writing a recent letter to the editor of my local newspaper thought he was making a case for national health insurance, but he actually made a case for insurance reform. He was basically ranting about the fact that small businesses and the self-employed...