Latest Risk Management Headlines

All the headlines from our Risk Management Topic Page, ordered by recency.

Auditors: Risk Management Privatization Saved Louisiana $10M

Jul 22 2013 // Louisiana has saved more than $10 million in the first two years of a privatization contract for claims processing and loss prevention services for the Office of Risk Management, auditors told lawmakers. Members of the...

Travelers’ Small Business Risk Education Program Launched in Chicago

Jul 18 2013 // The Travelers Companies Inc. announced the launch of the Small Business Risk Education (SBRE) program in Chicago to help women and minority small business owners learn about risk management, develop safety risk management...

FERMA Urges EC to Respect ‘Freedom of Choice’ for Cat Coverage

Jul 18 2013 // The Federation of European Risk Management Associations (FERMA) announced that it has told the European Commission that “any new insurance solutions for catastrophe risks should be market based and respect freedom of...

Conn.-Based Insurers Now Required to Participate in NAIC Climate Risk Surveys

Jul 17 2013 // Connecticut Insurance Commissioner Thomas Leonardi today announced that Connecticut-based insurance companies will now be required to complete the annual Climate Risk Survey that was initially adopted in 2009 as a...

The Hanover Expands Healthcare Capabilities

Jul 17 2013 // The Hanover Insurance Group, Inc. has expanded its healthcare industry options with an increased appetite and capabilities for the rapidly growing areas of the healthcare industry, including allied healthcare centers and...

ACE Construction Practice Launches Healthcare Construction Project Services

Jul 9 2013 // ACE USA has launched new capabilities specifically designed for healthcare industry construction projects through ESIS, Inc., a risk management services company owned by the ACE Group. The new offerings include...

Guy Carpenter Acquires Maine-Based Disability Reinsurance Risk Manager

Jul 8 2013 // Guy Carpenter & Co. LLC, a global risk and reinsurance intermediary division of N.Y.-headquartered Marsh & McLennan Companies, announced last week its acquisition of Smith Group, a disability reinsurance risk...

Man-Made Disasters

Jul 1 2013 // Disasters strike in many forms. Insured disasters often arrive in the wake of natural catastrophes – floods, earthquakes, drought, tornadoes and hurricanes. But disasters are also man-made as in the terrible tragedy that...

FERMA: ‘Disclosure’ Alone Not Enough to Control Companies’ Social Risks

Jun 20 2013 // “Public disclosure of a company’s social issues is good, but by itself does not show that the risks are under control,” the Federation of European Risk Management Associations (FERMA) has told the...

Survey: Nonprofits Unprepared, Under-Insured Against Risks

Jun 17 2013 // Crystal & Co., a worldwide risk and insurance advisor, has released the results of its Nonprofit Risk Survey, presenting a snapshot of risk awareness and exposure among U.S. nonprofit organizations, including human...

Lockton Taps 2 Former Wells Fargo Insurance Execs to Lead Boston Office

Jun 11 2013 // Lockton is adding more commercial insurance operations in the Northeast with the formation of an insurance brokerage office in Boston. Lockton has named risk management veterans and former Wells Fargo Insurance Services...

Aon Expands ‘WorldAware’ Travel Risk Management Program

Jun 11 2013 // Aon Risk Solutions, the global risk management business of Aon plc, announced that it has launched the “Aon WorldAware GeoAlert Map, a technology-based enhancement to WorldAware Solutions, Aon’s award-winning...

Equity Risk Partners Enhances Aviation Practice

Jun 7 2013 // Equity Risk Partners, an insurance brokerage, employee benefits and risk management consulting firm, has joined forces with AirSure Limited, an aviation risk management consultant in the United States, to strengthen its...

Governments and Re/Insurers Should Work Together to Face Rising Disaster Costs

Jun 6 2013 // A presentation from the Geneva Association (GA), the international insurance think tank for strategically important insurance and risk management issues, calls for a long awaited dialogue between the industry and all...

SullivanCurtisMonroe, CMTA to Launch Environmental Risk Management Program

Jun 5 2013 // SullivanCurtisMonroe (SCM) has formed a partnership with the California Manufacturers & Technology Association (CMTA) to launch the Environmental Risk Management (ERM) program. The ERM Program helps CMTA members manage...

Brown & Brown to Acquire Insurance Broker Beecher Carlson

May 22 2013 // Florida-based national insurance agency Brown & Brown Inc. has agreed to acquire Beecher Carlson Holdings Inc., an insurance and risk management broker with operations that include retail brokerage, program management...

Golf and Country Clubs Weather the Storm

May 20 2013 // Snow in October, hurricanes in the Northeast and record-setting “derechos” in the Ohio Valley and Mid-Atlantic regions are a sampling of the unusual weather that is changing the way insurance carriers evaluate...

Travelers Launches OnDemand Risk Control Service for Commercial Clients

May 15 2013 // The Travelers Insurance Cos. has launched an interactive, on demand service for property and casualty insureds looking to manage and mitigate their business risks. The new service, called Risk Control OnDemand, connects...

Lockton Promotes 4 in St. Louis

May 8 2013 // Insurance broker, Lockton, has promoted four executives in St. Louis to expanded roles in the risk management practice. Vince Gaffigan has been promoted to director of risk consulting. Gaffigan will have overall...

RIMS Conference in LA Risks No Loss of Subject Matter

May 6 2013 // Renewal of the Terrorism and Risk Insurance Act was a much talked about topic at the annual Risk and Insurance Management Society conference, a four-day event in Los Angeles, Calif. in late April that included panels...