Latest Risk Management Headlines
All the headlines from our Risk Management Topic Page, ordered by recency.
Aon Helps Lenders With Foreclosed Property Through Risk Management
Jun 9 2010 // Property repossessed by a financial institution after foreclosure may stay vacant or unfinished for months or years, making it susceptible to various types of damage. According to RealtyTrac, the leading online marketplace...
Faber & Dumas (Willis) Global Special Risks Unit Opens Calgary Office
Jun 9 2010 // Global Special Risks (GSR), the wholesale insurance broker and managing general agent of Willis’ subsidiary, London-based Faber & Dumas, announced it has established an office in Calgary, Alberta, Canada to...
Risk Management a Low Priority for Small Biz World
Jun 8 2010 // Risk management ranks relatively low on the priorities list for small business owners, according to a recent survey by Travelers. And that outlook could mean trouble down the road when problems arise for those firms, the...
Commercial Market to Remain Stable, Challenging for Risk Managers
Jun 7 2010 // Marsh Sees Insurer Security, Transparency, Accountability as Issues Despite the global economic crisis, the commercial insurance market is poised to remain stable through 2010, but new challenges are emerging for risk...
Private Company to Manage State’s Insurance Claims in Louisiana
Jun 1 2010 // Louisiana lawmakers have agreed to a $68 million, five-year contract to hire a Mandeville company to run much of the claims processing and management currently handled by the state’s Office of Risk Management. The...
Intermap Technologies, JBA Consulting Provide European Flood Maps
May 26 2010 // Denver-based Intermap Technologies, a worldwide 3D digital mapping and geospatial solutions company, and the UK’s JBA Consulting, a European flood risk and environmental management firm, announced a strategic...
Commercial Market to Remain Stable, Challenging for Risk Managers: Marsh
May 20 2010 // Despite the global economic crisis, the commercial insurance market is poised to remain stable through 2010, but new challenges are emerging for risk managers, according to a report issued by insurance broker Marsh. The...
Midwest Farmers Say Federal Risk Management Program Too Complex
May 19 2010 // Farmers from across the Midwest told a U.S. House committee that a crop risk management program introduced in the 2008 farm bill is a good tool but it’s way too complex. The Average Crop Revenue Election program...
Swiss Re Offers Risk Managers Solvency II Advice for a ‘Post-crisis World’
May 18 2010 // “Risk Managers must try to talk about ‘the elephant in the room,’ enabling an open dialogue about business risks,” advised Swiss Re’s Chief Risk Officer, Raj Singh, as the reinsurer presented...
Willis Urges Risk Managers to Fight Against Contingent Commissions
May 17 2010 // Global insurance broker Willis Group Holdings, which has vowed to not accept contingent commissions, is urging risk managers to insist that all brokers they do business with also drop the controversial revenue...
Payan Elected Chairman of Associated Risk Managers International
May 14 2010 // Craig A. Payan has been elected to serve as chairman of the board of directors for Itasca, Ill.-based Associated Risk Managers International Inc. Payan is president of PA&T Insurance and Financial Services, an...
Willis Research Warns of Costly Consequences of Volcanic Eruptions
May 12 2010 // The world’s attention has been focused on the plumes of ash that continue to rise into the sky from the Eyjafjallajökull volcano in Iceland. The microscopic grit in the ash cloud poses an ongoing threat to...
RMS Licenses Cat Modeling Software Programs to China Re
May 11 2010 // Risk Management Solutions (RMS) announced that China Reinsurance (Group) Corporation, the largest reinsurer in Asia, will “license its catastrophe modeling software to support the expansion of China Re’s...
Community Colleges Join Ohio School Risk Management, Insurance Plan
May 6 2010 // The Ohio School Plan (OSP), a group that provides insurance and risk management solutions to Ohio public school entities and boards of developmental disabilities, approved the decision to include community colleges into...
San Diego Film Commission Streamlines Film Industry Insurance
May 4 2010 // Streamlining the insurance buying and risk management process can be an attractive offer to entertainment businesses. This is especially true in a locale like San Diego, which has served as the background for such classic...
Making Safety Par for the Course
May 3 2010 // The Kraft Nabisco Championship’s Safety Plan Pays Off in Reduced Losses The day of the national golf tournament arrives – the weather balmy, the greens inviting, and the crowds respectfully attentive. Every...
People
May 3 2010 // Cincinnati, Ohio-based American Empire Surplus Lines Insurance Co. (AESLIC) has named Frederick J. Woebse president and chief operating officer. He succeeds Robert Nelson, who was named chairman and chief executive...
AIR Enhances Catastrophe Risk Model for Industrial Facilities
Apr 30 2010 // AIR Worldwide (AIR) has enhanced its catastrophe model for estimating property and business interruption losses for a wide variety of industrial facilities. “AIR conducts detailed, site-specific, engineering-based...
U.S. Targets Crop Insurers’ Profits
Apr 29 2010 // The federal government wants to save taxpayers billions of dollars by reducing spending on crop insurance after years of big profits by insurers, but the industry claims the reductions could hurt rural areas. The U.S....
Clark Awarded Lance Ewing CRM Scholarship
Apr 27 2010 // The National Alliance for Insurance Education & Research has awarded Valerie Clark, senior director or risk management at Quiznos with a Lance Ewing Scholarship. The scholarship is for attendance at any course offered...
