Latest Risk Management Headlines
All the headlines from our Risk Management Topic Page, ordered by recency.
A Role for Characteristic Event Methodology in Catastrophe Risk Management
Mar 19 2012 // When catastrophe models were first introduced in the late 1980s, they provided insurance and reinsurance companies with an improved methodology to estimate potential catastrophe losses from hurricanes. While the models...
Towers Watson Receives Patents for Risk Modeling Technique
Mar 16 2012 // Towers Watson said it has won two U.S. patents for its financial modeling technique designed to help insurance executives statistically sample and better understand and calculate risk exposures in real time. The global...
Risk Analysis Firm IHS Completes 3 Acquisitions For A Total Of $45M
Mar 6 2012 // Englewood, Colo.–based risk analysis company IHS Inc. has completed three acquisitions for a total of about $45 million. The buyouts include Displaybank, which provides market research and consulting services for the...
Oklahoma’s Donaldson Named Risk Management Professional of Year
Mar 6 2012 // Kristina Donaldson, commercial insurance account manager with Messer-Bowers Company, Enid, Okla., recently was named Risk Management Professional of the Year at the Region VI Conference of the International Association of...
Selective Insurance Announces Officer Appointments
Feb 24 2012 // Selective Insurance Group announced 10 officer appointments by its subsidiary, Selective Insurance Company of America: Kimberly Burnett (Sparta, N.J.) to executive vice president, chief human resources officer. Burnett...
Belgian Gov’t. Names Former FERMA President Dequae to Dexia Board
Feb 22 2012 // The Government of Belgium has appointed Marie Gemma Dequae, currently a scientific advisor to the Federation of European Risk Management Associations (FERMA) and a past president of the federation, as an independent...
Travelers Expands Telematics Options for Business Fleets
Feb 15 2012 // In an effort to further strengthen driver safety programs, Travelers has introduced IntelliDrive Fleet Safety Solutions to help business owners use telematics technology to reduce auto risks. Travelers is offering the...
Proactive Risk Management of Intellectual Property: Crucial to the Insurance Professional’s E&O
Feb 6 2012 // Now more than ever, the insurance professional’s ability to create a proactive risk management plan for clients is crucial to success. Insurance professionals handle many types of insurance policies. In fact,...
Super (Insurance) Coverage for the Super Bowl
Feb 2 2012 // They say it’s a game, but it’s really a lot more than that. For football fans, the Super Bowl is every holiday rolled into one, especially when their teams have made the big game. The stuff that dreams are made...
New Tool Helps P/C Insurers Manage Volatility of Catastrophe Models
Feb 1 2012 // A new risk management tool promises to help insurance companies understand wide swings in loss estimates from traditional catastrophe models and better plan for large loss events. Karen Clark & Co. (KCC), founded by a...
Big “I” and Swiss Re Launch E&O Web Resource
Jan 31 2012 // The Independent Agents & Brokers of America (IIABA) Big “I” Professional Liability Program and Swiss Re Corporate Solutions have launched a new risk management website. The “E&O Happens”...
Milliman Forms Risk Institute
Jan 25 2012 // Seattle, Wash.-based consulting and actuarial firm Milliman Inc. has formed Milliman Risk Institute, designed to provide scientific-based thought leadership to executive management on all facets of enterprise risk. The new...
ACE Risk Management Launches Specialty Transportation Segment
Jan 25 2012 // ACE Risk Management has created a national transportation industry segment to offer customized primary casualty coverage for this class. The coverage offered through ACE Risk Management’s specialty transportation...
People
Jan 23 2012 // Woodbury, N.Y.-based Sterling & Sterling appointed Leslie Nylund as president of the insurance brokerage. Nylund will be responsible for the firm’s operations, including sales, employee benefits, client services...
Financial Stability Tops List of Insurers’ Concerns: Geneva Association
Jan 19 2012 // A newly published study from insurance think tank the Geneva Association analyzes the principle concerns facing the industry in 2012. The current global financial instability tops the list. It’s closely followed by...
PSA Acquires Baltimore Office of Edgewood Partners Insurance Center
Jan 11 2012 // PSA Insurance & Financial Services acquired the Baltimore office of San Mateo, Calif.-based Edgewood Partners Insurance Center (EPIC), a provider of risk management and insurance services. Insurance veteran Craig...
Liberty Syndicates Appoints Wilkinson Head of Risk Management
Jan 9 2012 // Liberty Syndicate Management Limited, a member of Liberty Mutual Group, has appointed Dan Wilkinson as Head of Risk Management. He formerly held the position of Chief Risk Officer at an international insurance...
Wow! How the Academy Has Changed!
Jan 9 2012 // What do Barbara Dooley, Academy of Insurance memberships and “Insurance is Not Risk Management” have in common? All three were added to Insurance Journal‘s Academy of Insurance in 2011. Barbara Dooley...
Vermont Mutual Appoints Property Risk Control Manager
Dec 22 2011 // Vermont Mutual Insurance Company, based in Montpelier, Vt., recently appointed industry veteran Donald Rung as property risk control manager. Rung has more than 33 years of loss control experience in the insurance industry...
FERMA Confirms Risk Managers’ Concerns with Supply Chain Insurance
Dec 22 2011 // “Commercial insurance buyers generally want better insurance products to cover their supply chain risks,” according to a recent survey conducted by the Federation of European Risk Management Associations...
