Risk and Insurance management Society News

Zurich Makes a Difference in the Lives of Philadelphia Families

Zurich North America, a provider of property and casualty insurance and a company dedicated to improving the lives of children and families, has made a $10,000 donation to the Philadelphia Ronald McDonald House. Paul Horgan, head of North America Commercial …

Report Says Climate Change Could Make Some Wines Less Tasty

When you go to one of those giant annual insurance conferences ever wonder how much wine – in terms of gallons, number of glasses, bottles, dollar value – is consumed at all the evening mixers and up-scale soirees over the …

Terrorism Risk, Flood Insurance and Green Building Hot Topics for Risk Managers: RIMS

Renewal of the Terrorism and Risk Insurance Act (TRIA) was a much talked about topic at the annual Risk and Insurance Management Society conference on Tuesday, a four-day conference in Los Angeles, Calif., that includes panels focused on a variety …

RIMS in Southern California Touts Risks

Risk managers will play a greater role in strategic planning in the near future, according to a report issued on Monday. That was among the plethora of risk related information delivered at the annual Risk and Insurance Management Society conference …

Current Market Not Yet a ‘Classic’ Hard Market: P/C Executives

The current property/casualty market is not a “classic” hard market, yet anyway. While prices are clearly rising in certain lines including property and workers’ compensation, other conditions of a traditional hard market are not in place, according to property/casualty brokerage …

RIMS Tells Treasury: Industry Needs More Uniform, National Regulations

A major group for risk management professionals sent a letter to the U.S. Treasury Department, asking for a bigger federal role in regulating insurance. The Risk and Insurance Management Society sent its letter to Michael McRaith, director of U.S. Treasury’s …

Soft Market Has Hit Bottom for Commercial Lines, New RIMS Survey Says

Risk and Insurance Management Society’s latest survey found average renewal premium rates rising in three out of the four business lines it tracked. This “strongly suggests” that an eight-year period of falling commercial insurance rates is at its end, according …

RIMS, Chartis Launch Hall of Fame for Risk Managers

The Risk and Insurance Management Society (RIMS) and global insurer Chartis have announced the formation of the Risk Management Hall of Fame to honor those who have made significant contributions to advancing the risk management discipline. New members to the …