Latest Risk Management Headlines
All the headlines from our Risk Management Topic Page, ordered by recency.
Insurers Want to Know: Does Enterprise Risk Management Add Value?
Jul 23 2007 // Enterprise risk management will have to meet the expectations of corporate board members and deliver real value to firms if it is to flourish, attendees of the Casualty Actuarial Society meeting in Florida heard. Bill...
Managing energy industry risk in a volatile world
Jul 23 2007 // Taking the time to qualify a responsive and capable carrier with energy industry-specific expertise, upfront, before scrambling to line up quotes or compare policy parameters, is worth the investment. The world has...
Managing energy industry risk in a volatile world
Jul 23 2007 // Taking the time to qualify a responsive and capable carrier with energy industry-specific expertise, upfront, before scrambling to line up quotes or compare policy parameters, is worth the investment. The world has...
Managing energy industry risk in a volatile world
Jul 23 2007 // The world has experienced rapid and profound changes in recent years, and the energy industry has been no exception. Climate changes (including global warming), market fluctuations, ever-increasing business mergers and...
Calif. workers’ comp earthquake losses could exceed $150 million annually
Jul 23 2007 // California workers’ compensation insurers will need $180 million annually to pay for workers’ compensation losses induced by earthquakes, according to a recently released study by the Workers’...
Commercial P/C Prices Still Dropping, Risk Manager Survey Finds
Jul 17 2007 // Commercial insurance premiums continued to decline during the second quarter of 2007, according to the RIMS Benchmark Survey, a survey of current policy renewal prices as reported by corporate risk managers. RIMS Benchmark...
Willis, The Sullivan Group Form Strategic Alliance
Jul 9 2007 // Willis Group Holdings and The Sullivan Group announced the creation of a strategic alliance to provide Willis health care clients with additional and enhanced clinical risk management products and services. The Sullivan...
Levine Joins Beecher Carlson Risk Management Practice in Conn.
Jun 29 2007 // Atlanta-based insurance broker Beecher Carlson has named Gerald Levine as managing director. Levine will be responsible for client development for Beecher Carlson’s Risk Management Practice. He will be based in Old...
Lanier Upshaw Forms Private Risk Management Group for Florida Market
Jun 28 2007 // Lanier Upshaw has created a practice group tailored to meet the private insurance needs of high net worth clientèle throughout Florida. The group, named Private Risk Management, will insure high value items such as...
Risk Management Solutions Sets Up Multi-Peril Catastrophe Swap
Jun 25 2007 // Newark, Calif.-based Risk Management Solutions (RMS), a risk modeling company, has designed the trigger mechanisms and performed the risk analysis for a securitization of multi-peril, multi-event catastrophe...
Ill. Associated Risk Managers Add New Board Members
Jun 21 2007 // Associated Risk Managers (ARM) recently announced the addition of three new members to their Board of Directors. The members are Robert E. Weaver, vice president, Jackson, Dieken & Associates, Westlake, Ohio and Past...
News Currents
Jun 18 2007 // Study: Calif. workers’ comp reforms are working Yet risk managers say keeping workers safe and costs down still major concerns California employers and insurers have started to see — and should continue to see...
News Currents
Jun 18 2007 // Risk managers take strong stand against contingent commissions RIMS issues new policy statement denouncing such incentive pay for all agents and brokers, whether Wall Street or Main Street The largest association of...
Dequae Re-Elected FERMA President; Poland, Finland Join Group
Jun 15 2007 // Marie-Gemma Dequae has been re-elected President of the Federation of European Risk Management Associations (FERMA) by its executive board members. She is Group Risk & Insurance Manager of Bekaert, a Belgian...
Risk Managers Wrong to Oppose Contingent Pay, Charge PIA Agents
Jun 13 2007 // The National Association of Professional Insurance Agents has criticized a statement issued by the Risk and Insurance Management Society (RIMS), saying the group’s position on incentive compensation undermines the...
EQECAT Provides Caribbean Cat Risk Assessment
Jun 12 2007 // Oakland, Calif.-based EQECAT, Inc., a subsidiary of ABSG Consulting, has provided the hurricane and earthquake risk assessment, and the design of the parametric insurance contracts for the formation and operation of the...
ACE Risk Management Appoints Capparelli as Senior VP Northeast
Jun 12 2007 // ACE USA, the U.S.-based retail operating division of the ACE Group of Companies, has appointed Lou Capparelli to the position of senior vice president, Northeast Region for ACE Risk Management (ARM). Based in Boston,...
ACE Report: Good Risk Management = Competitive Advantage
Jun 5 2007 // According to a report from the ACE European Group, released in London, “risk management is now seen as a key contributor to a company’s source of competitive advantage with companies putting risk managers under...
Gallagher leader says carriers’ and brokers’ service to risk managers today ‘stinks’
Jun 4 2007 // When it comes to the service carriers and brokers provide to today’s risk managers, the quality of that service “stinks,” according to J. Patrick Gallagher Jr., chairman, president and CEO of broker...
Risk Managers Take Strong Stand Against Contingent Commissions
May 30 2007 // The largest association of commercial insurance buyers has stepped-up its opposition to the acceptance of contingent compensation by any agent or broker, calling such compensation “an inherent conflict of...