Latest Risk Management Headlines
All the headlines from our Risk Management Topic Page, ordered by recency.
ACE Launches Cyber Risk Unit for Continental Europe
Feb 2 2015 // ACE Group announced the launch of a new, independent cyber risk business unit as it continues to strengthen its local underwriting and risk management capabilities across Continental Europe. The announcement follows...
Army Corps Releases Northeast Coastal Flood Risk Management Framework
Jan 30 2015 // The U.S. Army Corps of Engineers on Wednesday issued a report saying that managing the flooding risk along the North Atlantic coast from events like Superstorm Sandy is something that has to be done collaboratively by all...
New Analysis Reveals Political Risk Exposures around the World: Willis
Jan 29 2015 // Willis Group Holdings has published a new analysis from Oxford Analytica in the form of the “VAPOR Political Risk Model,” which, it said, “helps companies assess the financial exposure to a suite of...
How ‘Crying Wolf’ in Bad Weather Warnings Erodes Public Compliance
Jan 28 2015 // The public is more likely to trust and comply with bad weather warnings—such as for winter snowstorms and icy roads—if authorities give their warnings as a probability estimate, according to risk researchers. The...
5 Risk Management Tips for the NFL Just in Time for Super Bowl
Jan 27 2015 // It’s been a rough year for American football. The National Football League has been plagued with a series of scandals. Commissioner Roger Goodell frequently seems befuddled, and it’s hard to discern any...
Characteristics of ‘Charlie Hebdo’ Attack Thwarted Counter-Terrorism Efforts: RMS
Jan 26 2015 // A number of unique characteristics of the January 7 terrorist attack against satirical French magazine “Charlie Hebdo” allowed terrorists to succeed despite counter-terrorism efforts, according to a new report...
XL’s McGavick Receives St. John’s 2014 Insurance Leader of the Year Award
Jan 23 2015 // St. John’s University’s School of Risk Management (SRM) in New York hosted its 20th Annual Insurance Leader of the Year Award Dinner on Jan. 21 in honor of Mike McGavick, chief executive officer of XL Group...
Tennessee’s Crichton Group Makes Staff Changes, Names New Partner
Jan 23 2015 // The Crichton Group, an independent insurance agency in Middle Tennessee, has appointed a new partner and a new director of risk management. In addition, it has also added an account executive and an account manager to its...
Construction Insurance Trends to Watch in 2015
Jan 21 2015 // Bolstered by a resurgent economy and renewed optimism, the construction industry is showing signs of significant growth. Payrolls are increasing, more projects are coming online and the scope of work is increasing. Ample...
AssuredPartners Acquires Omni Risk Management, Omni Benefits in N.Y.
Jan 20 2015 // AssuredPartners Inc. has acquired Omni Risk Management and Omni Benefits in Smithtown, New York. The firm specializes in coverage for commercial insurance with a specialty in construction coverage, surety bonding, personal...
SECURA Promotes Mongarella to Director-Risk Management in Wisconsin
Jan 15 2015 // Appleton, Wis.-based SECURA Insurance promoted Dominick Mongarella to director–risk management, effective Jan. 14, 2015. Mongarella will lead the company’s risk management team and is responsible for enhancing risk...
Higginbotham Adds Stick in Dallas as Sr. Loss Control Consultant
Jan 12 2015 // Higginbotham has hired Steven Stick as senior loss control consultant in the independent insurance, risk management and financial services firm’s Dallas office. Higginbotham’s control department serves...
Construction Coverage: Emerging Trends for 2015
Jan 12 2015 // Bolstered by a resurgent economy and renewed optimism, the construction industry is showing signs of significant growth. Payrolls are increasing, more projects are coming online and the scope of work is increasing. Ample...
Kluting Joins Arthur J. Gallagher Risk Management Services in Michigan
Jan 9 2015 // Arthur J. Gallagher Risk Management Services Inc., the U.S. retail property/casualty brokerage division of Arthur J. Gallagher & Co. has hired Steve Kluting in its Grand Rapids, Mich., office. In his new role as area...
Roberts Takes Helm as RIMS President for 2015
Jan 5 2015 // Rick Roberts of Ensign-Bickford Industries assumed the presidency of the risk management organization RIMS for the 2015 term on Jan. 1. Roberts is the director of Risk Management and Employee Benefits for Ensign-Bickford...
Risk Modelers Working on Tools for Gauging Cyber Attack Risk
Dec 23 2014 // Even as the Sony Corp. cyber attack laid bare the kinds of vulnerabilities that typically drive companies to buy insurance policies, the lack of a risk model for insurers means such protection is not always easy to...
Risk Modelers Aim to Gauge Risks of ‘Cyber Hurricane’
Dec 22 2014 // Even as the Sony Corp. cyber attack laid bare the kinds of vulnerabilities that typically drive companies to buy insurance policies, the lack of a risk model for insurers means such protection is not always easy to...
FERMA Announces Leadership Appointments
Dec 15 2014 // The board of the Federation of European Risk Management Associations (FERMA) announced three high level appointments “to secure its leadership succession.” The appointments took effect from as of December 11,...
How and When to Shop for Agency E&O Coverage
Dec 9 2014 // While many insurance agencies stick with their agency E&O carrier for years, those that do shop around tend to do so when premiums are rising and, according to a recent Insurance Journal survey, more agencies are...
Agency E&O Culture
Dec 1 2014 // Now more than ever agents are stepping up to the plate to protect their business. The experts agree that today agencies are more aware and proactive about reducing errors and omissions (E&O) risk. “Agents have...
