Latest Risk Management Headlines
All the headlines from our Risk Management Topic Page, ordered by recency.
Moody’s Cuts Ratings of 15 Global Banks
Jun 22 2012 // Ratings agency Moody’s Investors Service downgraded 15 of the world’s biggest banks on Thursday, lowering credit ratings by one to three notches to reflect the risk of losses they face from volatile capital...
Business Moves – Midwest
Jun 18 2012 // strong>Arthur J. Gallagher & Co., Grossman & Associates Arthur J. Gallagher & Co. has acquired Grossman & Associates Inc. in Beachwood, Ohio. Terms of the transaction were not disclosed. Founded in...
Business Moves – South Central
Jun 18 2012 // Southport Lane, Lonestar Holdco, Dallas National Southport Lane, a New York-based private equity firm, through its subsidiary Lonestar Holdco LLC, will acquire Dallas National Insurance Co., a Texas based property and...
AIG’s Chartis Launches Hospitality and Leisure Industry Practice Group
Jun 5 2012 // AIG’s property/casualty division Chartis announced the launch of its hospitality and leisure industry practice group, which will provide specialized insurance and risk management products for the hotel, amusement,...
William Gallagher Exec Joins First Niagara Risk Management in New York
Jun 4 2012 // First Niagara Risk Management, the Buffalo, N.Y.-based insurance brokerage subsidiary of First Niagara Bank, appointed Kirk Jensen as managing director and senior executive. Jensen’s 25-year career in the insurance...
Wharton School Launches Risk and Insurance Program
Jun 4 2012 // The Wharton School at the University of Pennsylvania said on May 21 that it has established a new Wharton/Penn Risk and Insurance Program (WPRIP). The program’s goal is to promote and disseminate cutting-edge...
University of Pennsylvania Launches New Risk and Insurance Program
May 23 2012 // The Wharton School at the University of Pennsylvania said this week it has established a new Wharton/Penn Risk and Insurance Program (WPRIP). The program’s goal is to promote and disseminate cutting-edge research on...
Cooper Gay Promotes Dalton to Head of Risk Management
May 17 2012 // London-based Lloyd’s broker Cooper Gay & Co Ltd, the UK half of Cooper Gay Swett & Crawford (CGSC], announced that Peter Dalton has been appointed Head of Risk Management, with immediate effect. Dalton...
Best Affirms Travelers and Subs ‘A+’ Ratings
May 11 2012 // A.M. Best Co. has affirmed the financial strength ratings (FSR) of ‘A+’ (Superior) and issuer credit ratings (ICR) of “aa” of the property/casualty subsidiaries of The Travelers Companies, Inc....
Minnesota Agents Group to Administer Risk Management Program
May 7 2012 // The National Alliance for Insurance Education & Research and the Minnesota Independent Insurance Agents & Brokers announced that the agents association will assume administrative leadership of the Certified Risk...
Regulation, Reputational Risk Top Concerns of Risk Managers: Lloyd’s
Apr 30 2012 // A heightened focus on insurance regulation as well as exposures related to reputational risk are top concerns for insurance executives today, reports a new survey. Nearly a third of executives responding to a survey...
IronHealth, The Sullivan Group to Offer Obstetrics Risk Management Services
Apr 26 2012 // IronHealth, Ironshore’s specialty healthcare unit, has entered into an agreement with The Sullivan Group, an international healthcare risk management and patient safety organization, to help clients manage risk...
AIR Offers Supply Chain Risk Service
Apr 18 2012 // AIR Worldwide (AIR) has expanded its suite of Catastrophe Risk Engineering (CRE) products to help quantify, mitigate, and manage the risk associated with the impact of catastrophes on supply chain networks. AIR’s new...
Travelers Updates Risk Management Tool with Risk Analyzer Dashboard
Apr 18 2012 // To help business insurance customers find loss prevention opportunities and more efficiently analyze their loss experience, Travelers launched a new dashboard within e-CARMA, the company’s risk management information...
AIR Expands Cat Risk Engineering Program for Supply Chain Risk Quantification
Apr 18 2012 // AIR Worldwide announced that it has “expanded its suite of Catastrophe Risk Engineering (CRE) solutions to help quantify, mitigate, and manage the risk associated with the impact of catastrophes on supply chain...
Risk Managers, Senior Executives Don’t See Eye-to-Eye on Risk Management
Apr 18 2012 // Although risk managers are taking on more strategic roles in their organizations, a disconnect still exists in many organizations between how risk managers and senior leaders view the role of risk management, according to...
RIMS Honors Accordino, Lassaw, Berman, Collins, Chan and Marren
Apr 17 2012 // A group of risk management and insurance professionals have been honored with industry awards from the Risk and Insurance Management Society (RIMS). RIMS’ most prestigious honor, the Harry and Dorothy Goodell Award,...
Accenture to Team with SAS Institute for Sweden’s Folksam Solvency II Regs
Apr 4 2012 // Global management consulting, technology services and outsourcing company Accenture announced that it will team with SAS Institute “to implement the SAS Risk Management for Insurance solution group-wide at Folksam,...
ACE Risk Management Launches Portal for Uninsured, Underinsured Motorist Issues
Apr 3 2012 // The ability to validly elect or reject uninsured/underinsured (UM/UIM) motorist coverage has a significant economic impact on insureds and insurers. All 50 states and the District of Columbia have requirements regarding...
Demand for Kidnap & Ransom Insurance on the Rise in Latin America
Apr 2 2012 // Schools, Entertainers and Non-Governmental Organizations Need Specialized Protection Keeping people safe while they’re living, working or studying anywhere in the world means knowing the specific risks they face in...
