Latest Risk Management Headlines

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

Risk Managers, Senior Executives Don’t See Eye-to-Eye on Risk Management

Apr 18 2012 // Although risk managers are taking on more strategic roles in their organizations, a disconnect still exists in many organizations between how risk managers and senior leaders view the role of risk management, according to...

RIMS Honors Accordino, Lassaw, Berman, Collins, Chan and Marren

Apr 17 2012 // A group of risk management and insurance professionals have been honored with industry awards from the Risk and Insurance Management Society (RIMS). RIMS’ most prestigious honor, the Harry and Dorothy Goodell Award,...

Accenture to Team with SAS Institute for Sweden’s Folksam Solvency II Regs

Apr 4 2012 // Global management consulting, technology services and outsourcing company Accenture announced that it will team with SAS Institute “to implement the SAS Risk Management for Insurance solution group-wide at Folksam,...

ACE Risk Management Launches Portal for Uninsured, Underinsured Motorist Issues

Apr 3 2012 // The ability to validly elect or reject uninsured/underinsured (UM/UIM) motorist coverage has a significant economic impact on insureds and insurers. All 50 states and the District of Columbia have requirements regarding...

Demand for Kidnap & Ransom Insurance on the Rise in Latin America

Apr 2 2012 // Schools, Entertainers and Non-Governmental Organizations Need Specialized Protection Keeping people safe while they’re living, working or studying anywhere in the world means knowing the specific risks they face in...

A Role for Characteristic Event Methodology in Catastrophe Risk Management

Mar 19 2012 // When catastrophe models were first introduced in the late 1980s, they provided insurance and reinsurance companies with an improved methodology to estimate potential catastrophe losses from hurricanes. While the models...

Towers Watson Receives Patents for Risk Modeling Technique

Mar 16 2012 // Towers Watson said it has won two U.S. patents for its financial modeling technique designed to help insurance executives statistically sample and better understand and calculate risk exposures in real time. The global...

Risk Analysis Firm IHS Completes 3 Acquisitions For A Total Of $45M

Mar 6 2012 // Englewood, Colo.–based risk analysis company IHS Inc. has completed three acquisitions for a total of about $45 million. The buyouts include Displaybank, which provides market research and consulting services for the...

Oklahoma’s Donaldson Named Risk Management Professional of Year

Mar 6 2012 // Kristina Donaldson, commercial insurance account manager with Messer-Bowers Company, Enid, Okla., recently was named Risk Management Professional of the Year at the Region VI Conference of the International Association of...

Selective Insurance Announces Officer Appointments

Feb 24 2012 // Selective Insurance Group announced 10 officer appointments by its subsidiary, Selective Insurance Company of America: Kimberly Burnett (Sparta, N.J.) to executive vice president, chief human resources officer. Burnett...

Belgian Gov’t. Names Former FERMA President Dequae to Dexia Board

Feb 22 2012 // The Government of Belgium has appointed Marie Gemma Dequae, currently a scientific advisor to the Federation of European Risk Management Associations (FERMA) and a past president of the federation, as an independent...

Travelers Expands Telematics Options for Business Fleets

Feb 15 2012 // In an effort to further strengthen driver safety programs, Travelers has introduced IntelliDrive Fleet Safety Solutions to help business owners use telematics technology to reduce auto risks. Travelers is offering the...

Proactive Risk Management of Intellectual Property: Crucial to the Insurance Professional’s E&O

Feb 6 2012 // Now more than ever, the insurance professional’s ability to create a proactive risk management plan for clients is crucial to success. Insurance professionals handle many types of insurance policies. In fact,...

Super (Insurance) Coverage for the Super Bowl

Feb 2 2012 // They say it’s a game, but it’s really a lot more than that. For football fans, the Super Bowl is every holiday rolled into one, especially when their teams have made the big game. The stuff that dreams are made...

New Tool Helps P/C Insurers Manage Volatility of Catastrophe Models

Feb 1 2012 // A new risk management tool promises to help insurance companies understand wide swings in loss estimates from traditional catastrophe models and better plan for large loss events. Karen Clark & Co. (KCC), founded by a...

Big “I” and Swiss Re Launch E&O Web Resource

Jan 31 2012 // The Independent Agents & Brokers of America (IIABA) Big “I” Professional Liability Program and Swiss Re Corporate Solutions have launched a new risk management website. The “E&O Happens”...

Milliman Forms Risk Institute

Jan 25 2012 // Seattle, Wash.-based consulting and actuarial firm Milliman Inc. has formed Milliman Risk Institute, designed to provide scientific-based thought leadership to executive management on all facets of enterprise risk. The new...

ACE Risk Management Launches Specialty Transportation Segment

Jan 25 2012 // ACE Risk Management has created a national transportation industry segment to offer customized primary casualty coverage for this class. The coverage offered through ACE Risk Management’s specialty transportation...

People

Jan 23 2012 // Woodbury, N.Y.-based Sterling & Sterling appointed Leslie Nylund as president of the insurance brokerage. Nylund will be responsible for the firm’s operations, including sales, employee benefits, client services...

Financial Stability Tops List of Insurers’ Concerns: Geneva Association

Jan 19 2012 // A newly published study from insurance think tank the Geneva Association analyzes the principle concerns facing the industry in 2012. The current global financial instability tops the list. It’s closely followed by...