Latest Risk Management Headlines
All the headlines from our Risk Management Topic Page, ordered by recency.
Bickmore Adds Ferraro to Risk Management Practice
May 17 2006 // Bickmore Risk Services, an independent risk management service company in Sacramento, Calif., has appointed of Mark Ferraro as director for the firm’s risk management consulting practice. Formerly a senior vice...
China’s P&C Insurer Licenses AIR’s Quake Cat Models
May 17 2006 // Boston-based AIR Worldwide Corporation announced that China’s PICC Property and Casualty Company Limited has licensed CLASIC/2™ and CATRADER®, AIR’s catastrophe risk management systems, to manage the...
Agents Learn U.S. Insurers Withstood Record Catastrophe Losses with Strong Capitalization, Sound Risk Management
May 9 2006 // Strong capitalization, sound risk management and efficient global risk sharing enabled the U.S. property/casualty insurance industry to withstand record-setting catastrophe losses in 2005, but the industry also should keep...
St. Paul Travelers to Offer New Products for Fire Sprinkler Contractors
May 8 2006 // St. Paul Travelers announced that a new offering for Fire Sprinkler Contractors has been added to its portfolio of construction insurance products and services. Products available include General Liability, Workers...
Consumers, many departments required to fight identity theft
May 8 2006 // Editor’s Note: This is the second installment of a two-part roundtable discussion on identity theft. Part 1 examined the scope and source of identity theft, and can be found on page 100 of Insurance Journal’s...
Survey: Risk managers spent more on disaster preparedness, catastrophe management
May 8 2006 // Spending for loss control services increased or remained flat for a majority of organizations in the past year, and the greatest spending increases occurred in such areas as disaster preparedness and catastrophe...
Checking-in on hospitality coverage
May 8 2006 // As an agent or broker serving the hospitality market, you’ve enjoyed many coverage options at lower premiums in the last few years. In fact, you’re probably still delivering good news to your clients about...
Sound risk management, investment plus for insurers
May 8 2006 // U.S. property/casualty insurers managed to increase earnings and add to their capital base in 2005 despite record catastrophe losses, according to Insurance Services Office (ISO) and the Property Casualty Insurers...
Former Enron executive admits guilt, says complacency equally bad as committing fraud
May 8 2006 // The same week Enron Corp. founder Kenneth Lay told jurors that he did not intentionally deceive investors and analysts, another former Enron executive told the insurance and risk management community that Enron suffered...
Consumers, many departments required to fight identity theft
May 8 2006 // Editor’s Note: This is the second installment of a two-part roundtable discussion on identity theft. Part 1 examined the scope and source of identity theft and can be found on page 100 of Insurance Journal’s...
Golden Gate Risk Managers Host Risk Retention Seminar
May 3 2006 // The Golden Gate Chapter of RIMS is hosting a session on the financial impact of various risk retention options on Thursday, May 18. “The Dark Underbelly of Risk Retention Options: Collateral,” will focus...
Survey Says Risk Managers Spent More on Disaster Preparedness, Catastrophe Management
Apr 27 2006 // Spending for loss control services increased or remained flat for a majority of organizations in the past year, and the greatest spending increases occurred in such areas as disaster preparedness and catastrophe...
Former Enron Exec Admits Guilt, Says Complacency Equally Bad as Committing Fraud
Apr 26 2006 // The same week Enron Corp. founder Kenneth Lay told jurors that he did not intentionally deceive investors and analysts, another former Enron executive told the insurance and risk management community that Enron suffered...
Conn. Health Management Firm Repays Alleged Rebates; No Fines
Apr 24 2006 // An Avon, Conn. obstetrician and gynecologist management company subpoenaed last June for allegedly accepting illegal insurance rebates will repay $198,000 to its clients to settle the case, according to state Attorney...
Sound Risk Management, Strong Investment Results Prove Positive for P/C Industry
Apr 18 2006 // U.S. property/casualty insurers managed to increase earnings and add to their capital base in 2005 despite record catastrophe losses, according to ISO and the Property Casualty Insurers Association of America (PCI). Sound...
People
Apr 17 2006 // Palisades Safety and Insurance Management Corporation, a New Jersey private passenger automobile insurer, announced that Ed Fernandez has assumed the role of president and CEO, effective immediately. Fernandez succeeds...
Risk Management
Apr 17 2006 // Call for stepped-up regulation of third-parties providing hurricane rating and credit scoring data Risk Management Solutions has defended its hurricane risk models in the face of consumer groups’ criticisms that the...
People
Apr 17 2006 // Atlanta, Ga.-based BrightServ has appointed Michael Frank senior vice president, Insurance Services. His responsibilities include overseeing client requirements, managing client contractor programs and BrightServ processes...
Critics allege hurricane risk modelers influenced by insurers
Apr 17 2006 // News Currents Risk Management Solutions, Newark, Calif., has defended its hurricane risk models in the face of consumer groups’ criticisms that the models are more political than they are scientific, and that they...
•Doron M. Rotman, audit and RAS managing director for Information Risk Management; and
Apr 17 2006 // The participants included: •Scott B. Moritz, director of KPMG Forensic; •Hugh C. Kelly, principal of Financial Risk Management; •Joanna Taylor, senior associate for Financial Risk Management; •Linda...
