Latest Risk Management Headlines

All the headlines from our Risk Management Topic Page, ordered by recency.

Powers Insurance & Risk Management: Building A Family-Driven Culture of Success

Oct 16 2023 // As a multi-year winner of Insurance Journal’s Best Agency to Work For award, J.D. Powers of Powers Insurance & Risk Management doesn’t lose sight of what the honor represents to the St. Louis,...

Freedom Insurance and Risk Management Joins VIAA

Oct 13 2023 // Freedom Insurance and Risk Management recently joined Valley Insurance Agency Alliance (VIAA), a cohesive family of more than 160 independent insurance agencies in Missouri and Illinois. Founded in 2023, Freedom Insurance...

Flooded Clinics, Embryo Mix-ups: The Risk Management of In Vitro Fertilization

Oct 13 2023 // (Bloomberg) — In March, a 39-year-old woman and her husband sat in a fertility clinic near Atlanta, and waited. The woman was there to have an embryo implanted in her uterus, the final stage of a grueling in vitro...

Wildfire Risk Management Starts by Properly Using a Full Toolbox

Oct 10 2023 // This post is part of a series sponsored by CoreLogic. Welcome to the third installment of our four-part series on wildfire hazard and risk management, where we will explore CoreLogic’s wildfire risk models and their...

Bankman-Fried Was ‘Math Nerd’ Who Overlooked Risk Management

Oct 5 2023 // Sam Bankman-Fried’s lawyer laid out his defense case at his fraud trial on Oct. 4, portraying the 31-former billionaire as a “math nerd” who overlooked risk management in building his FTX exchange, but...

Removing Barriers to CAT Risk Modeling Will Slow Insurer Flight From High-Risk Areas

Sep 18 2023 // Technology has been embraced in a variety of ways within the homeowners’ insurance market. Many aspects of the claims process have been automated, insurers are utilizing more climate data than ever before to predict...

The Value of Wildfire Simulations in Enterprise Risk Management

Sep 12 2023 // This post is part of a series sponsored by CoreLogic. Going beyond historical data brings clarity to the future of wildfire risk Welcome to the second installment of our four-part series on wildfire hazard and enterprise...

Louisiana’s Southern University to Establish New Risk Management and Insurance Degree Program

Sep 5 2023 // The Louisiana Department of Insurance (LDI) announced it has partnered with the Alliant Insurance Foundation, the Spencer Educational Foundation and Southern University to create a new risk management and insurance degree...

Diverging Cyber Cat Model Results Challenge Underwriters’ Risk Analysis: Guy Carpenter

Sep 4 2023 // Significant progress has been made in advancing vendors’ cyber catastrophe models, but a notable degree of variability exists across model outputs, which can pose a challenge to insurance and reinsurance companies as...

Wildfire Risk Score: A Complete Tool for Insurance Risk Management

Sep 1 2023 // This post is part of a series sponsored by CoreLogic. Welcome to the first installment of our four-part series on wildfire hazard and risk management, where we will explore CoreLogic’s wildfire risk models and their...

SBK Insurance Names Risk Manager at Chattanooga Office

Aug 24 2023 // SBK Insurance, a subsidiary of Tennessee-based SmartBank, said Drew Vaughn has joined the Chattanooga team as risk manager. Vaughn Vaughn is a 2020 graduate of the University of Tennessee, where he earned his...

People Moves: AXA XL Names Hopkinson Canada Country Mgr; BHSI Promotes Leandri for Risk Control; Coalition Taps MS Amlin’s Wynne Davies as UK Special Projects Lead

Aug 22 2023 // This edition of International People Moves details appointments at AXA XL, Berkshire Hathaway Specialty Insurance (BHSI), and the cyber insurer Coalition. AXA XL Names Hopkinson as Canada Country Manager Glen Hopkinson AXA...

Nonprofits and Risk Management

Aug 21 2023 // When you ask the internet what a nonprofit organization is, you get several answers. Many of those answers have to do with setting up a nonprofit and obtaining a tax-exempt status. More than being a form of business that...

Diverging Cyber Cat Model Results Challenge Underwriters’ Risk Analysis: Guy Carpenter

Aug 1 2023 // Significant progress has been made in advancing vendor’s cyber catastrophe models, but a notable degree of variability exists across model outputs, which can pose a challenge to insurance and reinsurance companies as...

People Moves: Powers Hires Favazza as Commercial Lines Risk Management Advisor; Ryan Specialty Appoints D’Onofrio CEO and Alvin CUO

Jul 13 2023 // Powers Insurance & Risk Management Hires Favazza as Commercial Lines Risk Management Advisor Powers Insurance & Risk Management, headquartered in St. Louis, Mo., hired Giovanni “Johnny” Favazza as...

LAAIA and the Spencer Educational Foundation Join Forces to Empower Latino Students in Risk Management & Insurance Industry with Scholarships

Jul 6 2023 // Miami, FL, July 6, 2023 – The Latin American Association of Insurance Agencies (LAAIA) is proud to announce its continued partnership with the Spencer Educational Foundation in providing scholarships to top-ranking...

Oakbridge Insurance Acquires JHA Risk Management in North Carolina

Jul 6 2023 // Georgia-based Oakbridge Insurance Agency, one of the largest independent agencies in the country, has continued its growth with the acquisition of JHA Risk Management agency in North Carolina. JHA, based in Rocky Mount,...

EU Banks Expand Risk Models to Better Prepare for Climate-Change Fallout

Jun 23 2023 // European banks are building out their risk models to better prepare for the fallout from climate change, with some even examining the short-term liquidity implications of a hotter planet, according to a joint survey...

kWh Analytics Reveals Top Challenges in Solar Industry Risk Management

Jun 21 2023 // Demand isn’t an issue for the solar industry. The challenges lie with fulfilling demand with more skilled labor, more technology, and more sites. While the Inflation Reduction Act (IRA), a freeze of potential...

Center for Insurance and Risk Management Opening in Nevada University

Jun 15 2023 // University of Nevada, Las Vegas announced the establishment of the Kerestesi Center for Insurance and Risk Management within the Lee Business School. The center, made possible through a $5 million gift from the Nevada...