Latest Risk Management Headlines

Risk Management Solutions Analyzes Cyclone Nargis Devastation

May 7 2008 // Cyclone Nargis, which made landfall in the Irrawaddy delta region in Myanmar (Burma) on Saturday, is likely to become the third most deadly event so far in the 21st century (after the 2004 tsunami and – so far...

Insurance Agent, Educator Boggs Joins MyNewMarkets.com

May 5 2008 // MyNewMarkets.com, the Web site with a searchable online directory that brings together agents seeking property/casualty insurance markets with the market providers, is expanding its content to include in-depth analysis and...

Roberts to Lead Marsh’s London Strategic Risk Practice

May 2 2008 // Marsh announced the appointment of Stephen Roberts as Leader of its London-based Strategic Risk Practice. He will report to Eddie McLaughlin, Head of Marsh’s Business Risk Consulting Group. Marsh said its...

Apr 21 2008 // People Mullis Newby Hurst L.P., an Addison, Texas-based provider of construction insurance and surety bonds in Texas, promoted Jan Johnson to senior vice president and director of insurance. Johnson, a 26-year veteran of...

Willis Energy Chairman Analyzes Hazard Risk Management

Apr 17 2008 // Speaking at the recent World National Oil Companies Congress in London, Phillip Ellis, Chairman of Willis Energy, a division of Willis Group Holdings, presented hazard risk management as a guard against shocks that can...

Swiss Re Funds ‘Integrative Risk Management’ Chair

Apr 16 2008 // Swiss Re announced today that it will finance a new Chair for Integrative Risk Management at the Swiss Federal Institute of Technology Zurich (ETH Zurich). “The Chair will be established to create a world-class...

CIFG Names Rockwell Chief Risk Officer; Dissaux to Head Europe

Apr 14 2008 // Bermuda-based CIFG Holding, Ltd., the holding company for CIFG’s financial guaranty subsidiaries, has named David Rockwell Chief Risk Officer with overall responsibility for the company’s risk management...

AIG Names Executives for New Commercial Insurance Group

Apr 11 2008 // American International Group, Inc. (AIG) has named several executives to positions within its new AIG Commercial Insurance Group, formerly known as the Domestic Brokerage Group. AIG Commercial Insurance is part of the...

European Insurance Forum Examines Industry Changes

Apr 9 2008 // The 10th edition of the European Insurance Forum wrapped up proceedings on Tuesday night. The two-day conference, held at Dublin’s Four Seasons Hotel and sponsored by the Dublin Insurance & Management...

Lee Joins Higginbotham & Associates’ Risk Management Team

Apr 8 2008 // Vance Lee has joined the Dallas office of Fort Worth-based Higginbotham & Associates as a vice president in its Risk Management Department. Lee will complement the agency’s loss control and claims customer...

Beecher Carlson: Energized for Growth

Apr 7 2008 // Atlanta-based broker just keeps going and going while striving to maintain service excellence The “Energizer Bunny” of property/casualty insurance brokerages worldwide — that seems an apt description for...

Willis Re Hosts Bulgarian Risk Management Seminar

Apr 3 2008 // Willis Re, the reinsurance division of global insurance broker Willis Group Holdings, recently hosted a risk management seminar in Sofia, Bulgaria “to highlight the growing challenges facing Bulgarian insurance...

RMS Assesses UK Flood Review

Apr 3 2008 // In its response to Sir Michael Pitt’s review of flood risk in the UK, Risk Management Solutions stressed the “urgent need for an accurate database of information on flood defenses.” The catastrophe risk...

LWCC Promotes Buffone to VP of Risk Management Services

Apr 3 2008 // Louisiana Workers’ Compensation Corporation (LWCC) has promoted Paul D. Buffone to vice president of risk management services. He will oversee risk management services for LWCC, including claims, occupational...

Kellems Promoted to VP of Enterprise Risk Management for HCC

Mar 26 2008 // HCC Insurance Holdings Inc. has promoted Jackie S. Kellems to vice president of Enterprise Risk Management, the Houston-based company announced. Kellems has worked in various capacities for HCC and subsidiary Houston...

S&P Sees Improved Insurer Enterprise Risk Management in 2008

Mar 25 2008 // Standard & Poor’s Ratings Services said that 2008 could see an overall improvement in insurance-industry enterprise risk management (ERM) scores. The firm says a 2006 review of the ERM practices of rated...

People

Mar 24 2008 // McQueary Henry Bowles Troy hired Jimmy Balagia as senior vice president in the firm’s property and casualty group in Austin. Balagia has 30 years of experience as a property and casualty broker/consultant and...

Marsh Establishes Middle East FINPRO Practice

Mar 21 2008 // Marsh announced the establishment of a Financial and Professional Services (FINPRO) Practice in the Middle East, based in Dubai. It will be led by Alexander Blom, Regional FINPRO Leader. FINPRO is a specialist practice...

Climate Change No. 1 in Top 10 Risks Facing the Insurance Industry

Mar 12 2008 // Potential climate change is the greatest strategic risk currently facing the property/casualty insurance industry, with demographic changes taking priority for the life insurance industry, according to a new study by Ernst...

People

Mar 10 2008 // Willis Group Holdings, the global insurance broker reports it has extended the employment agreement with Joseph J. Plumeri, its chairman and chief executive officer. The agreement, which was originally scheduled to expire...