Latest Risk Management Headlines
All the headlines from our Risk Management Topic Page, ordered by recency.
Midwest Farmers Say Federal Risk Management Program Too Complex
May 19 2010 // Farmers from across the Midwest told a U.S. House committee that a crop risk management program introduced in the 2008 farm bill is a good tool but it’s way too complex. The Average Crop Revenue Election program...
Swiss Re Offers Risk Managers Solvency II Advice for a ‘Post-crisis World’
May 18 2010 // “Risk Managers must try to talk about ‘the elephant in the room,’ enabling an open dialogue about business risks,” advised Swiss Re’s Chief Risk Officer, Raj Singh, as the reinsurer presented...
Willis Urges Risk Managers to Fight Against Contingent Commissions
May 17 2010 // Global insurance broker Willis Group Holdings, which has vowed to not accept contingent commissions, is urging risk managers to insist that all brokers they do business with also drop the controversial revenue...
Payan Elected Chairman of Associated Risk Managers International
May 14 2010 // Craig A. Payan has been elected to serve as chairman of the board of directors for Itasca, Ill.-based Associated Risk Managers International Inc. Payan is president of PA&T Insurance and Financial Services, an...
Willis Research Warns of Costly Consequences of Volcanic Eruptions
May 12 2010 // The world’s attention has been focused on the plumes of ash that continue to rise into the sky from the Eyjafjallajökull volcano in Iceland. The microscopic grit in the ash cloud poses an ongoing threat to...
RMS Licenses Cat Modeling Software Programs to China Re
May 11 2010 // Risk Management Solutions (RMS) announced that China Reinsurance (Group) Corporation, the largest reinsurer in Asia, will “license its catastrophe modeling software to support the expansion of China Re’s...
Community Colleges Join Ohio School Risk Management, Insurance Plan
May 6 2010 // The Ohio School Plan (OSP), a group that provides insurance and risk management solutions to Ohio public school entities and boards of developmental disabilities, approved the decision to include community colleges into...
San Diego Film Commission Streamlines Film Industry Insurance
May 4 2010 // Streamlining the insurance buying and risk management process can be an attractive offer to entertainment businesses. This is especially true in a locale like San Diego, which has served as the background for such classic...
Making Safety Par for the Course
May 3 2010 // The Kraft Nabisco Championship’s Safety Plan Pays Off in Reduced Losses The day of the national golf tournament arrives – the weather balmy, the greens inviting, and the crowds respectfully attentive. Every...
People
May 3 2010 // Cincinnati, Ohio-based American Empire Surplus Lines Insurance Co. (AESLIC) has named Frederick J. Woebse president and chief operating officer. He succeeds Robert Nelson, who was named chairman and chief executive...
AIR Enhances Catastrophe Risk Model for Industrial Facilities
Apr 30 2010 // AIR Worldwide (AIR) has enhanced its catastrophe model for estimating property and business interruption losses for a wide variety of industrial facilities. “AIR conducts detailed, site-specific, engineering-based...
U.S. Targets Crop Insurers’ Profits
Apr 29 2010 // The federal government wants to save taxpayers billions of dollars by reducing spending on crop insurance after years of big profits by insurers, but the industry claims the reductions could hurt rural areas. The U.S....
Clark Awarded Lance Ewing CRM Scholarship
Apr 27 2010 // The National Alliance for Insurance Education & Research has awarded Valerie Clark, senior director or risk management at Quiznos with a Lance Ewing Scholarship. The scholarship is for attendance at any course offered...
Willis Urges Risk Managers to Fight Against Contingent Commissions
Apr 27 2010 // Global insurance broker Willis Group Holdings, which has vowed to not accept contingent commissions, is urging risk managers to insist that all brokers they do business with also drop the controversial revenue...
FERMA Comments on EU’s New Block Exemption Regulations
Apr 26 2010 // The Federation of European Risk Management Associations has welcomed the adoption of the new European Union insurance block exemption regulation (BER) by the European Commission with reservations. “The entry into...
People
Apr 19 2010 // McQueary Henry Bowles Troy LLP (MHBT), recently named Fred Pecina and Jeremy Sandusky partners in the agency. Pecina is based in the firm’s Ft. Worth office, and Sandusky works in MHBT’s Dallas office. Pecina,...
Risk Managers Continue to Report Soft Market Pricing
Apr 15 2010 // Seven years and running, the soft market shows few signs of loosening its grip on commercial insurance pricing, according to a new industry study. Average premiums in every line tracked by the RIMS Benchmark Survey, fell...
Zanoni Joins Arthur J. Gallagher Risk Management Services
Apr 9 2010 // Itasca, Ill.-based Arthur J. Gallagher Risk Management Services Inc. (AJGRMS), the retail property/casualty (P/C) insurance brokerage division of Arthur J. Gallagher & Co. (Gallagher), has hired William Zanoni as a...
People
Apr 5 2010 // New York-based USI Holdings Corp. has named Sandra Usleman, former president of USI’s Austin, Texas, operating company in the Southwest region, as senior vice president and chief sales officer. Other changes in...
ACE Appoints Capparelli in Midwest, Zelickman in Northeast
Apr 2 2010 // ACE USA, the U.S.-based retail operating division of the ACE Group, announced executive appointments in its large-risk division, ACE Risk Management. Lou Capparelli has been appointed senior vice president and branch...
