Latest Risk Management Headlines

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

ACE Releases Employment Practices Risk Management Tool

Mar 1 2013 // The ACE Group has created an employment practices risk management tool with a global labor and employment law firm – Littler Mendelson (Littler). The new tool will be available to ACE’s primary EPL and private...

Building Updates: Aging Electrical Systems

Feb 25 2013 // The Agent’s Role as Advisor and Risk Manager Editor’s note: This is the first of a three-part series to explain insurers’ requirements for building updates and to help agents advise clients on mitigating...

People

Feb 11 2013 // San Diego, Calif.-based Barney & Barney LLC named David Freeman director of property/casualty sales. Freeman, who will be based in San Diego, will oversee a team of client executives in San Diego, Orange County,...

AIG Survey Shows Top Executives’ Concerns with Cyber Risk

Feb 8 2013 // A survey of perceptions about cyber risk sponsored by the American International Group Inc. (AIG) found that among corporate executives, more are concerned about cyber threats than about other major business risks. More...

FERMA Cites Survey Highlighting Company Neglect of Cyber Risks

Jan 30 2013 // “Many companies still do not devote sufficient attention to cyber risks, despite an increase in frequency, scope, and sophistication – and harsher penalties for lack of regulatory compliance and loss of...

Business Moves – Midwest

Jan 28 2013 // Willis North America Willis North America, a unit of global insurance broker Willis Group Holdings, has relocated its Cleveland, Ohio office to 1001 Lakeside Ave., Suite 1600. Willis established a presence in Ohio more...

Business Moves – East

Jan 28 2013 // ACORD, DISA ACORD (Association for Cooperative Operations Research and Development), the nonprofit global data standards organization for the insurance industry, and DISA (Data Interchange Standards Association), the...

Governments Struggle with Financial Crisis as the Planet Warms up

Jan 11 2013 // The global economy has been through economic recessions before, and has eventually recovered from them. This time around, however, it must do so while coping with the ever increasing menace of climate change – that makes...

New Risk Management Consulting Firm Launched in Pennsylvania

Jan 11 2013 // 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...

Aviation Risk Management Expert Joins Lockton in Kansas City

Jan 10 2013 // Ty Carter, an experienced aviation risk management executive and pilot has joined the Lockton Global Aviation Group in the insurance broker’s Kansas City office as producer. Carter will be responsible for advising...

Arthur J. Gallagher Acquires Insurance Risk Managers of Missouri

Jan 8 2013 // Arthur J. Gallagher & Co. has acquired Insurance Risk Managers of Missouri Inc. in St. Louis. Terms of the transaction were not disclosed. Founded in 1996, Insurance Risk Managers of Missouri (IRM) is a retail...

The Griffith Foundation Awards $22K-Plus in Scholarships

Jan 3 2013 // The Griffith Insurance Education Foundation, based in Columbus, Ohio, awarded $22,750 in scholarships to 22 students at six colleges and universities. The scholarships support students studying risk management, insurance...

People

Dec 17 2012 // Associated Agencies Inc., based in Rolling Meadows, Ill., has promoted Joshua Herz to president, making him the fourth person in the same family to hold the position. Herz succeeds his cousin, Max (Skip) R. Schrayer, who...

Viewpoint: Trade Sanctions and Risk Management

Dec 5 2012 // 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...

Delaware’s Lyons Companies Appoints Risk Management Advisor

Dec 3 2012 // Lyons Companies, Delaware’s largest privately-owned commercial insurance brokerage and employee benefits consulting firm, appointed Michael F. McDonald as risk management advisor.Michael F. McDonaldMcDonald...

FERMA Opposes EU Fund for Industrial Accident Environmental Liabilities, Losses

Dec 3 2012 // 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...

Torus Survey: Top Issues in Management Liability & Professional Lines Market

Nov 29 2012 // A recent survey* undertaken by global specialty insurer Torus has highlighted a myriad of current issues facing the management liability and professional lines market. Designed to identify key trends affecting this...

Endurance Acquires Galileo Weather Risk; Launches Global Weather Service

Nov 21 2012 // Bermuda-based Endurance Specialty Holdings Ltd. announced that it has acquired the assets of Galileo Weather Risk Management, a provider of weather risk management products and services, and has hired all of its employees....

Risk Managers’ Top 3 Concerns: Interest Rates, Currency Markets, Regulations

Nov 9 2012 // 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...

Markel Unveils Risk Management Portal for DataBreach Policyholders

Nov 9 2012 // Markel has launched a new risk management portal for DataBreach policyholders that includes information and technical resources that can assist in the prevention of network, cyber, and privacy breaches as well as support...