Latest Risk Management Headlines
All the headlines from our Risk Management Topic Page, ordered by recency.
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...
XL Hires Another ACE Executive for Its New York Team
Dec 20 2011 // XL Group’s North America primary casualty group appointed industry veteran Jay Lefkowitz to a newly created position of head of U.S. risk management. Lefkowitz is based in New York and reports to Ken Riegler, who is...
Moody’s Corp. Acquires Barrie & Hibbert
Dec 19 2011 // Moody’s Corp. has acquired Barrie & Hibbert Limited, a provider of risk management modeling tools for insurance companies worldwide. The acquisition broadens Moody’s Analytics suite of software solutions...
Risk Managers Find Santa Exposed, Urge $1 Billion Coverage Plan
Dec 19 2011 // Santa Claus will need a lot more than milk and cookies this Christmas—he’ll need about $1.2 million to pay for insurance coverage. That will buy him peace of mind and about $1.175 billion in coverage for all of the...
The Next Big Thing in Insurance Coverage Is Here
Dec 13 2011 // Some in the insurance industry are staking their futures on the reputations of others. That is, they are looking to insure reputational risk. With the boom in social media, interest in reputational risk has itself boomed....
Baxter to Lead Hylant Group’s Health Risk Management Unit
Dec 8 2011 // Ohio-based Hylant Group has tapped wellness professional Jerid Baxter to lead its growing health and wellness practice. Baxter will be responsible for designing and implementing programming and building the tools and...
Lloyd’s Study Finds U.S. Businesses Concerned with Talent, Skills Shortage
Dec 8 2011 // U.S. business leaders are as concerned as their European counterparts over a talent and skills shortage, despite record unemployment levels across much of the U.S. The talent risk was number two in a survey conducted by...
Risk Management Agency Starts Olive Program in 12 California Counties
Dec 7 2011 // The U.S. Department of Agriculture’s Risk Management Agency on Wednesday announced a new pilot insurance program for table and oil olives in 12 California counties beginning with the 2012 crop year. The sales closing...
