Latest Risk Management Headlines
All the headlines from our Risk Management Topic Page, ordered by recency.
The Crichton Group Adds Five to Tennessee Agency
Apr 13 2015 // The Crichton Group, an independent insurance agency in Middle Tennessee, has added five new employees to its team: Beth McKay, has been named new benefits administration supervisor; Jeff Corvin, has been named account...
5 Tips to Help Risk Managers Address the Sharp Drop in Oil Prices
Apr 13 2015 // Oil and gas companies, as well as service contractors, manufacturers, distributors, transportation companies and any entity that supports the energy complex including, local banks, construction firms and real estate...
Patriot National Acquires Hospitality Supportive Systems in Pennsylvania
Apr 9 2015 // Fort Lauderdale, Florida-based workers’ compensation services provider Patriot National Inc. announced that it has acquired the assets of Hospitality Supportive Systems (HSS), a Springfield, Pennsylvania-based...
Buchan Joins JLT Specialty’s Construction Practice; Lu Joins Environmental
Apr 8 2015 // JLT Specialty Insurance Services Inc. has appointed William Buchan as senior vice president of its Construction Practice, which is based in San Francisco. Buchan will help lead all facets of the Construction Practice, as...
How to Improve Insurance Industry Ethics
Apr 8 2015 // Support from leaders at the top of organizations is the key to improving the ethical climate in the insurance industry, according to a new survey of industry professionals. Punishing bad actors is one of the least...
5 Tips to Help Risk Managers Address the Sharp Drop in Oil Prices
Apr 6 2015 // Oil and gas companies, as well as service contractors, manufacturers, distributors, transportation companies and any entity that supports the energy complex including, local banks, construction firms and real estate...
UK Report Highlights Role of Insurance in Managing, Mitigating Cyber Risk
Mar 24 2015 // Last year 81 percent of large UK businesses and 60 percent of small companies suffered a cyber security breach. In response to this increasing threat, a report published by the UK government and Marsh, one of the...
ACE Strengthens Casualty Offering for Multinational Activities of Canada Firms
Mar 20 2015 // ACE Group says it is strengthening its global primary casualty offering with an expanded service platform designed to protect the multinational business activities of Canadian companies. ACE Risk Management Global Casualty...
Boston Bombing Lesson: Risk Managers Urge Better ‘Terror Act’ Certification
Mar 18 2015 // Citing uncertainty following the Boston Marathon bombing almost two years ago, risk managers are urging the federal government to set a deadline for certifying if an event is an act of terrorism and also use...
Insurance Industry Presence Supports UN’s Disaster Risk Reduction Quest
Mar 16 2015 // The re/insurance industry has answered the call presented by the UN’s Disaster Risk Reduction initiative, as industry representatives gathered with others to attend the 3rd UN World Conference on Disaster Risk...
Insurers, Brokers and Clients Express their Views on the Industry
Mar 9 2015 // The Economist’s Insurance 2015 Conference, which took place on Tuesday, March 15, at the ornate Clothworkers Hall in London, featured a panel that expressed the views of insurers, brokers and their clients in a...
Terrorists Have Shifted from Attacking Airlines to Mass Transit: Study
Mar 2 2015 // Successful terrorists have shifted their focus in recent years away from attacking airlines to attacking subway and rail systems, according to an analysis of terrorist attacks over a 30-year period from 1982 to 2011 by a...
A.M. Best: New UAE Regulations Should Improve Risk Profile of Insurers
Feb 27 2015 // The Insurance Authority (IA) of the United Arab Emirates recently issued new financial regulations, which are well placed to improve the risk profile and policyholder security of UAE insurers, according to A.M. Best in a...
Climate Change Modeling on Cusp of Paradigm Shift
Feb 26 2015 // In the face of growing interest in climate change impacts, several big catastrophe modelers said they’ve heard from more clients interested in receiving climate-related data and they believe the field is on the cusp...
Diversity Within Insurance Industry Serves Expanding Nonprofits
Feb 23 2015 // Nonprofit and social service organizations are as plentiful and diverse as the world itself. To better serve communities, nonprofits must bend, mold and adapt to rapidly changing conditions and so must the insurance...
Essary Named Exec. Director of Surplus Lines Stamping Office of Texas
Feb 13 2015 // Norma Carabajal Essary has been appointed as executive director of the Surplus Lines Stamping Office of Texas (SLSOT), effective March 1, 2015. She succeeds Philip R. Ballinger, who retired Jan. 2, 2015, after 22 years of...
Circle of Diversity Serving Nonprofits and Social Services
Feb 9 2015 // Nonprofit and social service organizations are as plentiful and diverse as the world itself. To better serve communities, nonprofits must bend, mold and adapt to rapidly changing conditions and so must the insurance...
How Large Firm Risk Managers Rate Commercial Lines Carriers, Brokers
Feb 6 2015 // While commercial insurers have traditionally relied upon insurance brokers to manage customer relationships, large company risk managers are looking for both parties to work together to meet their needs, according to a new...
Willis Re Launches Cyber Risk Modeling Tool – PRISM-Re™
Feb 3 2015 // Willis Re, the reinsurance division of Willis Group Holdings plc, announced that it has launched “the insurance industry’s first cyber risk modeling tool that will enable insurers to quantify and manage their...
Beecher Carlson Appoints Zoda as Senior VP, Risk Control
Feb 3 2015 // Atlanta-based specialty insurance broker Beecher Carlson Insurance Services has appointed Jim Zoda as senior vice president of risk control. He is based in Texas. Zoda’s main focus will be to provide risk assessment...
