Latest Risk Management Headlines
All the headlines from our Risk Management Topic Page, ordered by recency.
People
Nov 1 2009 // Eagan Insurance Agency, based in Metairie, La., has added six insurance professionals to its staff. Joining the family business are Andrew Eagan and David Strassel, both members of the fifth generation of the Eagan family...
Agents’ E&O Marked By Stability, Satisfaction
Nov 1 2009 // As Agency Revenues Fell, At Least E&O Previums Didn’t Rise Independent insurance agents have had plenty to fret about the past year, including falling revenues. Thus stability in the market and pricing for their...
How the Economy Is Altering Architect/Engineering Insurance Buying
Nov 1 2009 // Architects and engineering (A/E) firms, construction professionals and the insurance carriers that serve them are facing unique challenges in this turbulent economic environment. SmartRisk surveyed professional liability...
S&P ‘Refining and Adapting’ Insurers ERM ‘Adequate’ Assessments
Oct 21 2009 // Standard & Poor’s Rating Services is refining and adapting its methodology for assessing insurance companies’ enterprise risk management (ERM), as set out in a recently published article, “Expanded...
Risk Managers Call for Insurance Broker Compensation Disclosure
Oct 14 2009 // In a report released today, The Risk and Insurance Management Society Inc. (RIMS) is calling for complete disclosure of revenue streams from placing insurance products. The push for transparency outlined in the report is...
FERMA Welcomes 1100 to Prague Risk Management Conference
Oct 6 2009 // The Federation of European Risk Management Associations convened its bi-annual conference in Prague, the capital of the Czech Republic, on Monday, welcoming some 1100 attendees, and two new members. Newly installed...
People
Oct 5 2009 // Jim Newberry, assistant vice president and risk control manager of Island Insurance in Honolulu, has received the Risk Management/Insurance Practice Specialty Safety Professional of the Year Award. The award is from the...
Aon Finds European Risk Managers Underestimate Environmental Risk
Sep 28 2009 // Aon’s Global Risk Management Survey 2009 has found that “environmental risk ranked lower as a concern in Europe than any other region – despite the introduction of the EU Environmental Liability Directive...
Matheessen Named Underwriting Head at ACE’s Energy Risk Unit
Sep 16 2009 // Philadelphia-based ACE USA has appointed Keith Mattheessen as senior vice president and chief underwriting officer of the ACE Risk Management Energy Underwriting Unit. This new unit within ACE Risk Management provides a...
Hawaii’s Newberry Earns Risk Management Award
Sep 11 2009 // Jim Newberry, assistant vice president and risk control manager of Island Insurance in Honolulu, has received the Risk Management/Insurance Practice Specialty Safety Professional of the Year Award. The award is from the...
People
Sep 7 2009 // Texas-based Specialty Insurance Managers Inc. appointed several new vice presidents. Karen Ashton was named vice president of the Arlington, Texas, branch. Bonnie Stalkfleet is now vice president of the Granbury branch....
Marsh Finds Europe’s Retailers Fear Working Capital, Supply Chain Risks
Aug 28 2009 // New research by Marsh has found that senior executives at Europe’s leading retail and consumer brands businesses will be concerned by risks such as cash flow, credit risk and trade credit over the next 18 months. An...
Pirelli’s Risk Manager Named as New FERMA Board Member
Aug 24 2009 // Jorge Luzzi, Worldwide Director of the Risk Management Department for the Italian based industrial group Pirelli, has been appointed as a member of the board of the Federation of European Risk Management Associations...
FERMA Supports RIMS Position on Brokers Contingent Commissions
Aug 17 2009 // The Federation of European Risk Management Associations (FERMA) has issued a bulletin expressing concerns over a new ruling in the US state of Illinois that allows brokers to resume taking contingent commissions. The...
Car Dealers in the Storm: Dealers Left Standing Will Be Stronger, Leaner
Aug 12 2009 // Some automobile shoppers may be abandoning car makers but insurance carriers and brokers remain dedicated partners, experts say. Yet no one can deny that tough times have fallen on many of the nation’s car dealers...
Apex Global Picks Stone to Lead Aviation Division in Houston
Aug 6 2009 // Dallas-based insurance and risk management services firm Apex Global Partners (AGP) has appointed John Stone as managing director of its Houston Aviation Operations. Stone, a pilot, is experienced in structuring insurance...
New Earthquake Risk Models Likely To Reduce Insured Loss Estimates
Aug 6 2009 // Newark, Calif.-based Risk Management Solutions (RMS) has unveiled its next-generation models for North America earthquake risks, covering the United States and Alaska, Canada and Mexico. The new models are likely to lead...
Foster to Head Aon’s Enterprise Risk Management Team
Aug 4 2009 // Grant Foster has been appointed head of enterprise risk management (ERM) at insurance broker Aon. Foster was recently a key member of the team that won a 2009 British Insurance Award for Risk Management for Aon’s...
New Spanish Language Web site for CRM International in Mexico
Aug 4 2009 // The Certified Risk Managers (CRM) International Program in México has a new home on the Web: www.crm-international.org. CRM en Espanol was first introduced in México by The National Alliance for Insurance Education...
Arthur J. Gallagher Reports Q2 Results; Slight Drop in Organic Revenue
Jul 29 2009 // Arthur J. Gallagher & Co. reported a slight drop in organic revenue of just 0.3 percent for the second quarter 2009 for its combined insurance brokerage and risk management units. For the quarter ending June 30, 2009,...
