Latest Risk Management Headlines
All the headlines from our Risk Management Topic Page, ordered by recency.
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...
National Alliance, FSU Announce Online M.S. for Risk Management, Insurance
Apr 13 2006 // A master’s degree program focusing on risk management and insurance, offered entirely on the internet has been announced in a collaborative effort by The National Alliance for Insurance Education & Research and...
Robert Fenley Named Principal for Integro’s Chicago Office
Apr 12 2006 // Integro Insurance Brokerage has hired Robert Fenley to be principal in their Chicago office. According to a written release by the company, Fenley has 22 years of experience in the insurance and risk management profession....
GAB Robins Combines Insurance, Risk Management Divisions
Apr 4 2006 // Parsippany, N.J.-based GAB Robins has combined its Insurance Company Services and Risk Management Services divisions into one unit – GAB Robins North America. As part of the integration, Robert K. Meyers has been...
Risk Management Solutions predicts hurricane activity to increase losses by 40 percent
Apr 3 2006 // Risk Management Solutions, Newark, Calif., expects increases in hurricane landfall frequencies will increase modeled annualized insurance losses by 40 percent on average across the Gulf Coast, Florida and the Southeast,...
Measuring Risk: Insurers’ day of reckoning arrives
Apr 3 2006 // The threat of more natural disasters could make 2006 a watershed year in how the insurance industry measures risk. With American carriers revamping their reporting and management structures, insurers are expected to...
Risk Management Solutions predicts hurricane activity to increase losses by 40 percent
Apr 3 2006 // Risk Management Solutions, Newark, Calif., expects increases in hurricane landfall frequencies will increase modeled annualized insurance losses by 40 percent on average across the Gulf Coast, Florida and the Southeast,...
Measuring Risk: Insurers’ day of reckoning arrives
Apr 3 2006 // “The ultimate objective is for an insurer is to use an ERM framework to better understand and manage the correlation and diversification of risk across the company and uses this information to determine overall risk...
Risk Management Solutions Predicts Hurricane Activity to Increase Losses by 40 Percent in Florida and Gulf Coast
Mar 23 2006 // Risk Management Solutions, Newark, Calif., expects increases in hurricane landfall frequencies will increase modeled annualized insurance losses by 40 percent on average across the Gulf Coast, Florida and the Southeast,...
ACE Risk Management Makes Exec Appointments
Mar 22 2006 // ACE USA, the U.S.-based retail operating division of the ACE Group of Companies, has appointed two executive appointments in ACE Risk Management: Karen Sawyer has been named Senior Vice President, National Customer...
Hartford Selects Peril Model to Set Pricing for Catastrophe Bonds
Mar 22 2006 // Risk Management Solutions, a provider of products and services for the management of natural hazard risk, said recently that its independent risk analysis of securitized collateral has enabled Hartford Fire Insurance...
