Latest Risk Management Headlines

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

Reputational Risk …at Risk

Nov 2 2008 // Corporate Citizenship Could Offer Tarnished Companies the Best Mitigation Strategy Recent corporate crises have demonstrated that a company’s reputation, that may have taken years to build, can be destroyed in...

Reputational Risk …at Risk

Nov 2 2008 // Corporate Citizenship Could Offer Tarnished Companies the Best Mitigation Strategy Recent corporate crises have demonstrated that a company’s reputation, that may have taken years to build, can be destroyed in...

Foreclosed Residential Projects

Nov 2 2008 // When it’s Broken, How Do We Fix it? Halloween has come and gone, but modern-day ghost towns continue to haunt the U.S. landscape. After nearly a decade of exponential growth, developers and homebuilders have seen the...

Reputational Risk … at Risk

Nov 2 2008 // Corporate Citizenship Could Offer Tarnished Companies the Best Mitigation Strategy Recent corporate crises have demonstrated that a company’s reputation, that may have taken years to build, can be destroyed in...

Reputational Risk … at Risk

Nov 2 2008 // Corporate Citizenship Could Offer Tarnished Companies the Best Mitigation Strategy Recent corporate crises have demonstrated that a company’s reputation, that may have taken years to build, can be destroyed in...

Foreclosed Residential Projects

Nov 2 2008 // When It’s Broken, How Do We Fix It? Halloween has come and gone, but modern-day ghost towns continue to haunt the U.S. landscape. After nearly a decade of exponential growth, developers and homebuilders have seen the...

Risk Managers Report Price Softening; Insurers Battle Surplus Decline

Nov 2 2008 // Property Premiums Fall Sharply; P/C Insurers Post Q3 Losses; Some Sell Stock to Raise Cash for Surplus Woes Risk managers report that commercial policy renewal prices are continuing to drop even as insurers are battling a...

A Winning E&O Defensive Strategy

Nov 2 2008 // How Agents Block Claims In sports, the best offense is a great defense, right? When it comes to preventing errors and omissions claims defensive measures are also the best offense in protecting an insurance agency....

How Independent Agencies Reduce E&O Exposure

Nov 2 2008 // 40 Risk Management Steps Independent Agents Implemented to Lower Their Risk The exclusive 2008 Insurance Journal Agency E&O Survey asked independent agents what risk management steps their agency has implemented to...

Risk Managers Report Price Softening Despite Cat Losses, Financial Crisis

Oct 24 2008 // Two major hurricanes and a global credit crunch were not enough to derail the relentless soft commercial insurance market in the third quarter, according to RIMS Benchmark Survey, an industry survey of policy renewal...

Risk Management Solutions Opens Beijing Office

Oct 21 2008 // Newark, Calif.-based Risk Management Solutions has opened a new office in Beijing, China, as a sign of its commitment to support the growth of the property insurance industry and risk mitigation efforts in China. The...

Reputational Risk: Is It Time for Bankers to Risk an Apology?

Oct 20 2008 // No-one expects a fallen Master of the Universe to say sorry. But academics say an apology — for all the litigation risk it entails — can be the basis of revitalised confidence and trust. With global markets...

People

Oct 20 2008 // Calabasas, Calif.-based Lionheart Insurance Services hired Pat Piccinonno and Joe Weckerle Jr. to head its newly opened Irvine, Calif., office. Piccinonno, appointed president, has 35 years of insurance management and...

Financial Crisis Dominates European Risk Manager Debates, Conference

Oct 20 2008 // One of Pat Oliphant’s more recent editorial cartoons shows presidential candidate John McCain held in the trunk of an enraged elephant labeled “The Economy.” “My friends,” says McCain to a...

Willis Re’s Underwood Appointed to Board of Casualty Actuarial Society

Oct 16 2008 // Willis Re, the reinsurance arm of global broker Willis Group Holdings, announced from its London headquarters the election of Alice Underwood to the Board of Directors of the Casualty Actuarial Society (CAS) for a three...

Marsh Urges ‘Smarter Risk Management’ to Beat Credit Crunch

Oct 14 2008 // A new briefing paper from Marsh shows how insurance and risk management strategies can help UK firms improve liquidity, free up cash, strengthen their financial resilience and continue operating profitably during...

RMS to Provide Data for ‘Specialist Climate Change Research’

Oct 14 2008 // Risk Management Solutions announced that it is “partnering in an innovative program launched by HSBC to provide fund managers globally with direct access to specialist climate change research. “As the present...

Travelers Aviation Adds New Coverages, Risk Control Services

Oct 7 2008 // As the use of corporate and general aviation aircraft increases, Travelers (NYSE: TRV) Aviation is expanding its insurance products and services with new aviation coverage offerings including non-owned aircraft liability...

Hawaii Pacific University Launches Insurance and Risk Management Program

Oct 6 2008 // Hawaii Pacific University has instituted a graduate program in insurance and risk management. According to Hawaii Insurance Commissioner J.P. Schmidt, “HPU’s graduate insurance program is the first in the West....

Financial Crisis Spurs CFOs to Weigh Risk Management Practices

Oct 1 2008 // The financial crisis gripping the United States has senior finance executives more likely to be concerned about their firms’ risk management practices (72%) than they are about such issues as accessing both long-term...