Latest Risk Management Headlines
All the headlines from our Risk Management Topic Page, ordered by recency.
Zurich/Advisen Poll Finds Cyber Risk Awareness Increasing
Nov 6 2012 // A note from Zurich Insurance indicates that the “vast majority of risk professionals say information security and other cyber risks are at least a moderate threat to their organizations,” according to a new...
Trade Sanctions and Risk Management
Nov 5 2012 // Understanding Economic Sanctions and Regulation When Doing Business Abroad The U.S. government has increasingly used laws and regulations that impose economic sanctions on others as an instrument to advance foreign policy...
Bermuda’s SAC Re Adds 4 to Property Reinsurance, Finance, Risk Management Teams
Nov 1 2012 // S.A.C. Re Ltd. has filled several key management posts in its property reinsurance, finance and risk management teams. Kathleen Reardon has joined Bermuda’s SAC Re as chief underwriting officer for Property, and will...
General Star Adds Risk Management Hotline to A&E Program
Oct 15 2012 // General Star Management Co. has launched a “design professionals liability hotline” as an enhancement to its architects & engineers program, which is handled exclusively by program administrator...
Report Points to Insurance Industry’s Vulnerability to Climate Change
Oct 8 2012 // A report out late last month urges the insurance industry to act to protect itself and the community against the increasing frequency of extreme weather due to climate change. In short, the report, its authors and those...
Connecticut Insurance Department Names New Captive Manager
Oct 5 2012 // Connecticut Insurance Commissioner Thomas Leonardi today announced that John C. Thomson, a veteran risk management specialist, will manage the new captive insurance regulatory unit. Commissioner Leonardi said Thomson...
Karen Clark & Co. Introduces RiskInsight® Platform for Cat Risk Management
Oct 2 2012 // Boston-based Karen Clark & Company (KCC), independent experts in catastrophe risk, catastrophe models and catastrophe risk management, announced the release of the RiskInsight® open, global platform for catastrophe...
Brandmovers Launches Promotional Risk Management Insurance Co.
Sep 21 2012 // Brandmovers, Inc. has launched Brandsurance, an industry-focused insurance company to work alongside their digital engagement initiatives. Brandsurance will specialize in promotional risk management and partner with...
Report Points to Insurance Industry’s Vulnerability to Climate Change
Sep 20 2012 // A report out Thursday urges the insurance industry to act to protect itself and the community against the increasing frequency of extreme weather due to climate change. In short, the report, its authors and those endorsing...
Poms Names Windom VP of Risk Management in Southern California
Sep 20 2012 // Woodland Hills, Calif.-based Poms & Associates Insurance Brokers Inc. named Jerry Windom vice president in the risk management group of the firm’s Woodland Hills office. Windom advises clients on personnel and...
Heightened Regulation Forcing Insurers to Focus on Modeling Risks: Conning
Sep 19 2012 // The growing level of activity among regulatory bodies and quasi-regulatory agencies focused on strengthening insurance solvency protection systems, particularly regarding increased risk capital and enhanced risk...
Aon Outlines Risk Management Approach for Emerging Economies
Sep 19 2012 // A bulletin from Aon Global Risk Consulting, the risk management arm of Aon plc, using responses from 100 senior risk industry professionals at its annual Client Symposium, indicates that “organizations in Central and...
Crop Insurance Losses Mount in Midwest
Sep 18 2012 // Thousands of farmers are filing insurance claims this year after drought and triple-digit temperatures burned up crops across the nation’s Corn Belt, and some experts are predicting record insurance losses —...
Myron F. Steves & Co. Creates Endowment for Insurance Education
Sep 5 2012 // Houston-based Myron F. Steves & Co. has established the Myron F. Steves Endowed Directorship for the Center for Insurance and Risk Management at the University of Houston Downtown. The $250,000 endowment recognizes...
ISO Says States OK Optional By-Peril Rating Rules for Homeowners
Aug 24 2012 // ISO says it has received approval of its Risk Analyzer Homeowners by-peril rating rules in 13 states and has filings pending approval in several other states. ISO would not disclose which states have cleared its filings....
Hard Market Generates New E&O Challenges for Insurance Agents
Aug 22 2012 // The soft market has made the job of insurance agents very difficult the last few years. Competition has been extremely fierce, and premiums so low that agents have had to fight for business and write more accounts just to...
7 Terms You Can’t Say in Insurance But Use Them Anyway
Aug 20 2012 // Editor’s Note: This article originally appeared in Insurance Journal’s Satire Issue, August 20, 2012. The content in this issue is not real and is not to be taken seriously. It’s supposed to be humorous....
Thomson Reuters Establishes Connecticut’s First Captive Insurance Co.
Aug 2 2012 // Connecticut Gov. Dannel Malloy announced today that international media and information company Thomson Reuters has relocated its U.S. insurance subsidiary from Delaware to Connecticut. The subsidiary, Thomson Reuters Risk...
Private Claims Firm Saves Louisiana’s Risk Management Agency $1.4M
Jul 30 2012 // A private company based in Mandeville contracted to run much of the claims processing and management handled by Louisiana’s Office of Risk Management has been producing results ahead of schedule, legislative auditors...
Montpelier Re Names Dr. Gero Michel Head of Risk Analytics
Jul 9 2012 // Montpelier Reinsurance Ltd., the Bermuda reinsurance subsidiary of Montpelier Re Holdings, announced the appointment of Dr. Gero Michel as Head of Risk Analytics, a new position at the Company, effective July 1, 2012. He...
