Given the reduced amount of merger and acquisition (M&A) activity as a result of the financial crisis, it’s not surprising that the deals, which do go through, engender greater risks. An article from Lloyd’s points out that “in such an …
A new risk management consulting firm recently opened its doors for business in Pennsylvania. Auspice Risk is an independent risk management consulting firm based in West Chester, near Philadelphia. Girija Shaffer, chief executive officer and founder of Auspice Risk, has …
Traffic accidents are a leading cause of high-severity workers’ compensation injuries. Moreover, they are pervasive; indeed, a 2006 study by the National Council on Compensation Insurance (NCCI) noted that even the clerical classification has surprisingly high exposure to traffic accidents. …
As Americans do their best to plan for retirement, all it takes is a visit to a financial planner to realize the importance and value of long-term care insurance. The goal of purchasing it is two-fold: retaining as much of …
CAMICO, a CPA-focused program of specialty liability insurance for the accounting profession, has launched a Subpoena Services Resource Center to enhance its subpoena services for CAMICO policyholder CPA firms. The Subpoena Services Resource Center will provide information, resources and template …
The U.S. government has increasingly used laws and regulations that impose economic sanctions on others as an instrument to advance foreign policy and national security goals, with some of the most recent efforts aimed at putting additional pressure on Iran …
Coface, a global trade credit insurer, has introduced TopLiner, a new supplemental, non-cancelable top-up cover for existing customers. The product was designed for businesses taking a more active role in managing their credit risks. With TopLiner, Coface policyholders can view …
The Federation of European Risk Management Associations [FERMA), which represents risk managers in 20 European countries, has told the European Commission that it is opposed to the creation of a fund to cover environmental liability and losses resulting from industrial …
A recent report, “Reinsurance Industry Leaders Discuss Lessons Learned From Hurricane Sandy,” published Nov. 29, 2012, on RatingsDirect, Standard & Poor’s Ratings Services, notes that “reinsurers had three very good quarters until Superstorm Sandy hit the U.S. East Coast on …
Interest rates, volatile currency markets and changing regulations are the top three things keeping risk managers from their sleep. Those are the conclusions summarized in an article on the Lloyd’s web site that revues the findings of the “The Risk …
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