Latest Risk Management Headlines
All the headlines from our Risk Management Topic Page, ordered by recency.
S&P Reports Japanese Insurers Facing Increasing Scrutiny
Feb 23 2007 // Standard & Poor’s Ratings Services said in a new report that the risk management practices and internal control policies of Japan’s insurers are coming under increasing scrutiny following a series of...
Professional Underwriters Adds Mesure as Senior Risk Control Consultant
Feb 9 2007 // William Mesure has joined Professional Underwriters in Exton, Pa. as senior risk control consultant. Mesure is charged with regularly consulting with clients to reduce risks, helping employers respond to employee concerns,...
Darwin Adds Managed Care E&O Risk Management Program
Feb 5 2007 // Darwin Professional Underwriters Inc. has established a comprehensive risk management and loss control program for its managed care errors and omissions (E&O) liability policyholders at no additional cost. The...
ACE Europe Global Markets Study Highlights Political Risk Concerns
Feb 1 2007 // According to a new report the Economist Intelligence Unit (EIU), sponsored by ACE, “nearly 30 percent of senior executives and risk professionals surveyed said their companies had been forced to cancel existing...
Aon Establishes Group to Manage Renewable Fuel Risks
Feb 1 2007 // Aon’s Agribusiness and Food Systems Group has created a new unit to focus on the specialized risks associated with the bio-fuels industry. Aon’s new Agri-Fuels Risk Management Group (AFRMG), based in Kansas...
Mercator Advises Risk Managers to Prepare for World Without TRIEA
Jan 31 2007 // With the Terrorism Risk Insurance Extension Act (TRIEA) set to expire in December 2007, experts are speculating whether Congress will renew TRIEA as is, scale back its provisions or scrap it altogether. This widespread...
La.’s Blanco and Donelon Travel to Calif. for Outreach to Insurers
Jan 30 2007 // Louisiana Governor Kathleen Babineaux Blanco kicked off a three-day insurance outreach mission Jan. 29 in San Francisco, part of her continuing efforts to bring affordable insurance home to Louisiana, the governor’s...
N.Y. Firm Promises Weather Risk Management Tools for Corporations
Jan 26 2007 // A company that vows to help large and mid-sized corporations manage the financial impact of adverse weather on their cash flow is expected to debut this spring. Storm Risk Solutions claims to have developed the first...
Ohio Westfield Adds New Online Risk Control Tool for Businesses
Jan 23 2007 // Westfield Insurance has introduced a new online Risk Control Assessment to help businesses identify their risk issues. The 24-question survey, on www.WestfieldInsurance.com, is available to all visitors and provides a...
Travelers Launches Customer Risk Control Site
Jan 22 2007 // Travelers has launched a risk control customer Web portal, a one-stop shop for businesses with questions about risk control, at www. riskcontrol.com. The site not only highlights the products and services Travelers Risk...
CEO Storms Seeks Bigger Role in Risk Management for Marsh
Jan 15 2007 // Marsh Inc. already is one of the world’s largest insurance brokers, but its chairman and chief executive, Brian M. Storms, wants to increase its role in the risk management business. As Storms sees it, Marsh should...
Shand Morahan Revamps Lawyers Professional Liability Program
Jan 12 2007 // Shand Morahan & Company Inc., underwriting manager of Evanston Insurance Company, revamped its lawyers professional liability program, now called Designed Protection for Law Firms. Targeted to hard-to-place attorneys...
ACE USA Releases D&O Risk Management Podcast
Jan 9 2007 // ACE USA, the U.S.-based retail operating division of the ACE Group of Companies, has launched the second in an occasional series of audio “podcasts,” or Internet-distributed audio programs, discussing selected...
Making the case for small/mid-size business EPLI
Jan 8 2007 // A client’s financial well-being — and an agent’s own E&O — dictate that employment liability issues be discussed We can assume that today’s litigious employment environment makes it easy...
Attributes of an excellent and lasting EPLI program
Jan 8 2007 // In this soft market, opportunities are once again strong for employment practices liability insurance (EPLI) program business. However, this time there are markets that have matured with the product and are in a position...
Making the case for small/mid-size business EPLI
Jan 7 2007 // We can assume that today’s litigious employment environment makes it easy for agents and brokers to demonstrate the value of employment practices liability insurance (EPLI) to large employers, but is there value in...
Attributes of an excellent and lasting EPLI program
Jan 7 2007 // In this soft market, opportunities are once again strong for employment practices liability insurance (EPLI) program business. However, this time there are markets that have matured with the product and are in a position...
Global warming represents watershed event for insurance industry
Dec 25 2006 // At various points in history — the Great Dust Bowl of the 1930s, urban riots of the 1960s, and terrorism today — watershed events or trends ushered in structural changes within the U.S. insurance industry....
2006: Agents fight to keep their pay and insurers wise up to the future
Dec 25 2006 // The fight to save contingent commissions topped the minds of agents across the nation as a few select states drove public policy efforts to end their use by insurers. The industry grabbed hold of predictive modeling and...
Global warming represents watershed event for insurance industry
Dec 25 2006 // At various points in history — the Great Dust Bowl of the 1930s, urban riots of the 1960s, and terrorism today — watershed events or trends ushered in structural changes within the U.S. insurance industry....
