Latest Risk Management Headlines
All the headlines from our Risk Management Topic Page, ordered by recency.
ACE USA Creates New Construction Group
Sep 22 2003 // ACE USA announced the creation of the ACE USA Construction Group. This new construction underwriting unit will be staffed by a team of experienced construction professionals dedicated to addressing the unique insurance...
Non-Profits, Public Entities Battle Market Conditions
Sep 22 2003 // As some in the industry see profits and smoother sailing ahead, other markets are having a tougher time. In a look at the non-profits and public entities markets, Insurance Journal spoke with several experts in those...
NAPSLO Special Coverage
Sep 19 2003 // Insurance Journal brings you special video coverage of the NAPSLO Annual Convention that took place Sept. 10-14 in San Diego. Insurance Journal spoke with a number of key leaders in the excess & surplus lines...
Acordia Acquires Houston Agency
Sep 9 2003 // Acordia Inc., a subsidiary of Wells Fargo & Company, announced acquired Wisenberg Insurance + Risk Management, a privately held insurance and risk management firm in Houston, Texas. The acquisition closed September 1,...
Alternative Markets Reach New Levels
Sep 8 2003 // “Client, insure thyself!” Well it hasn’t quite reached that point yet, but the hard market has caused insurance buyers to commence an unprecedented search for affordable risk management solutions. Pushed...
RMS Provides Risk Analysis for $100 Million Taiwan Earthquake Pool
Aug 28 2003 // Newark, Calif.-based Risk Management Solutions, a leading provider of products and services for the management of catastrophe risk, announced that it has provided the risk analysis for a securitization of insurance risk by...
Swiss Re Report Says Hospitals Face Growing ‘Mad Cow Disease’ Threat
Aug 22 2003 // Hospitals face a growing threat from a new variant of Creutzfeldt-Jakob disease (vCJD), the human version of “mad cow disease,” the killer infection that decimated British cattle herds in the 90’s. Swiss...
EQECAT Provides Risk Analysis for Largest Japanese Cat Bond
Aug 21 2003 // Oakland- based EQECAT Inc., a division of ABSG Consulting of Houston, Texas, announced that it has provided the risk analysis for a $470 million bond consisting of three individual tranches covering potential losses from...
Production, Service & Employee Satisfaction Drive Higginbotham to the Top
Aug 18 2003 // Fort Worth-based Higginbotham & Associates began as a small personal lines agency in 1948 representing Trinity Universal Insurance Company and SAFECO. Today it is one of the largest independent agencies in North...
Aon Risk Services Adds Key Staff in the Bay Area
Aug 13 2003 // Aon Risk Services announced the addition of four senior individuals to its Risk Management Practice located in San Francisco. “Our objective is to enhance our ability to meet the risk management needs of larger...
CPCU Society Gathers in New Orleans Oct. 11-14
Aug 11 2003 // CPCUs can learn about the latest property and casualty insurance topics at the CPCU Society’s 59th Annual Meeting and Seminars, taking place in New Orleans, Oct. 11-14. The Annual Meeting’s Property and...
Head Receives IIS Gold Medal Award
Aug 7 2003 // Dr. George Head received the John S. Bickley Founder’s Gold Medal from the International Insurance Society (IIS) recently at the Waldorf Astoria Hotel in New York City. The award was presented at IIS’s annual...
Argonaut Sees 46% Increase in GWP for Q2
Aug 7 2003 // San Antonio-based Argonaut Group Inc. announced financial results for the three- and six-month periods ended June 30, 2003, noting that the group’s gross written premium during the second quarter increased to $199.5...
Old National Acquires Fort Wayne Agency
Aug 5 2003 // Evansville, Ind.-based Old National Bancorp has closed the deal to acquire Insurance & Risk Management, a 160-employee insurance agency with offices in Fort Wayne and Indianapolis, Ind. Insurance & Risk...
A.M. Best Affirms Rating of Lloyd’s of London
Jul 18 2003 // A.M. Best Co. has affirmed the financial strength rating of “A-” (Excellent) of Lloyd’s of London. The outlook remains stable. The rating reflects Lloyd’s maintenance of an excellent business...
Old National to Acquire Fort Wayne Insurance Agency
Jul 11 2003 // Evansville, Ind.-based Old National Bancorp has entered into an agreement to acquire Insurance & Risk Management, a 160-employee insurance agency with offices in Fort Wayne and Indianapolis. Based in Fort Wayne,...
Royal & SunAlliance Enhances ARMS Risk Reporting Tool
Jul 3 2003 // Royal & SunAlliance USA, based in Charlotte, N.C., announced improvements to its Advanced Risk Management System, known as ARMS, which now features a series of enhancements that will enable clients to make business...
First Niagara Risk Management Acquires Two Rochester Agencies
Jul 3 2003 // First Niagara Risk Management, Inc., the wholly-owned insurance subsidiary of First Niagara Bank and its parent, First Niagara Financial Group, Inc., announced that it has reached agreements to acquire two Rochester-based...
Public Risk Managers Face Several Challenges in 2003
Jun 9 2003 // Public risk managers said that price, increased self-insured retentions and coverage were the biggest challenges they face over the next year, according to a survey conducted recently by Munich-American RiskPartners, a...
Industry Professionals Affirm RIMS Benchmark Survey Results
May 29 2003 // In a series of interviews conducted by Advisen, Ltd. since preliminary results of the RIMS Benchmark Survey were released last month, industry professionals report that the survey accurately reflects their current market...