Latest Risk Management Headlines
All the headlines from our Risk Management Topic Page, ordered by recency.
Swiss Re Hurricane Report Stresses Risk Analysis
Nov 23 2004 // Swiss Re’s recently issued report on the 2004 hurricane season stresses that, although the number of storms may have been extraordinary, “the impact on insurers has been controllable through a process of...
Mutual Risk Management Reports Hancock Motion to Dismiss Lawsuit Denied
Nov 22 2004 // Mutual Risk Management Ltd. (MRM) announced on Monday that the federal judge presiding over its multi-million dollar claim for tortious interference against John Hancock Life Insurance Company (Hancock) has denied...
ACE USA Enhances Defense Base Act Coverage
Nov 19 2004 // ACE USA, the U.S.-based retail operating division of The ACE Group of Companies, announced that it is enhancing its Defense Base Act (DBA) product offerings to create a responsive, comprehensive approach for small to...
Schinnerer Publishes Risk Management Guide
Nov 18 2004 // “Contractors often don’t see the need for professional liability coverage for design related claims,” explained Victor O. Schinnerer’s Joe Jones. “They think that their general liability...
St. Paul Travelers Launches Risk Control Web Site
Nov 17 2004 // St. Paul Travelers announced the debut of a new Web site housing more than 1,400 risk management resources for customers, agents and brokers. Resources are said to include the latest research reports and news on safety...
Nyce Joins AICPCU/IIA as Curriculum Director
Nov 9 2004 // Charles M. Nyce, PhD, has joined the American Institute for CPCU and the Insurance Institute of America as director of curriculum. He is responsible for the curriculum, textbooks, and examinations for one course in the...
AIG Private Client Creates Loss Prevention Unit
Oct 27 2004 // AIG Private Client Group, a division of the property and casualty insurance subsidiaries of American International Group, announced the creation of a Department of Loss Prevention to minimize high net worth...
CPCU Society Board of Governors Issues Ethics Policy Statement During Meeting
Oct 26 2004 // The Chartered Property and Casualty Underwriters Society (CPCU Society) Board of Governors voted unanimously to publicly denounce all practices or systems that violate its code of ethics. In a policy statement issued...
Evaluating Overcharges: Should Your Company Pursue Claims Against Brokers and Carriers’
Oct 20 2004 // Editor’s note: This is a commentary piece submitted by David E. Wood of the law firm Wood & Bender. The recent suit by New York Attorney General Eliot Spitzer alleging price-fixing and deceptive practices by...
Ascot Underwriting Chooses AIR’s Risk Model Software to Aid Global Catastrophe Risk
Oct 20 2004 // Ascot Underwriting Ltd (Ascot), a managing agent at Lloyd’s of London has selected AIR Worldwide to provide risk modelling software to manage its catastrophe risk. Ascot has licensed AIR’s CATRADER and CLASIC/2...
TRIA Extension Uncertain, Insurers Advised to Prepare
Oct 13 2004 // Insurers doing business in urban areas need to examine their business plans to make sure they understand how both the federal Terrorism Risk Insurance Act (TRIA) and unfair discrimination law could affect their business,...
Huckemeyer Joins ACE Risk Management
Oct 6 2004 // ACE USA, the U.S.-based retail operating division of The ACE Group of Companies, today announced the appointment of Daniel Huckemeyer as senior vice president and Los Angeles branch manager for ACE Risk Management. Based...
American Agency Hires Leonard as New Risk Management VP
Sep 30 2004 // Overland Park, Kan.-based emergency services program administrator the American Agency has hired W.H. Leonard as its new vice president of risk management and client services. Prior to joining the American Agency, Leonard...
ACE Risk Management Appoints New Executives
Sep 28 2004 // ACE Risk Management (ARM), a unit of ACE USA, the U.S.-based retail operating division of The ACE Group of Companies, has announced executive appointments for its senior management team, that were effective Sept. 15. Tony...
ACE USA Expands DBA Workers’ Comp Coverage; House Named to Lead DBA Product Initiative
Sep 24 2004 // ACE USA, the U.S.-based retail operating division of The ACE Group of Companies, announced the expansion of its Defense Base Act (DBA) product offerings. The new coverages includes “risk control and claims management...
RMS Unveils Global Terrorism Risk Model
Sep 23 2004 // Responding to increases in the frequency and severity of global terrorist activity in each of the past three years, Risk Management Solutions (RMS), a provider of products and services for the management of catastrophe...
One-on-One with NAPSLO’s Outgoing President
Sep 20 2004 // When the outgoing president of the National Association of Surplus Lines Offices (NAPSLO), Jim Griffith, founded Princeton Risk Managers in 1974, organizers of the surplus lines association were convening in Florida to...
IAIABC Panel Takes Fresh Look at Terrorism
Sep 20 2004 // In a code orange New York, the International Association of Industrial Accident Boards and Commissions (IAIABC) took a fresh look at terrorism and its relation to workers’ compensation at its recent 90th Annual...
ACE USA Appoints N.Y.-Based Mayer to Senior VP Post to Lead Construction Practice
Sep 15 2004 // ACE USA, the U.S.-based retail operating division of The ACE Group of Companies, announced the appointment of Frank Mike-Mayer, senior vice president, to lead the ACE USA Construction Group. Based in New York City,...
SCOR Announces Appointments
Sep 13 2004 // France’s SCOR Group announced the following appointments in a bulletin released on Friday, Sept.10: Mr. Arnaud Chneiweiss – Director for Strategy and Strategic Holdings for SCOR VIE. His assignment will be to...
