Latest Risk Management Headlines

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

First Niagara Risk Management Acquires Two Rochester Agencies

Jul 3 2003 // First Niagara Risk Management, Inc., the wholly-owned insurance subsidiary of First Niagara Bank and its parent, First Niagara Financial Group, Inc., announced that it has reached agreements to acquire two Rochester-based...

Public Risk Managers Face Several Challenges in 2003

Jun 9 2003 // Public risk managers said that price, increased self-insured retentions and coverage were the biggest challenges they face over the next year, according to a survey conducted recently by Munich-American RiskPartners, a...

Industry Professionals Affirm RIMS Benchmark Survey Results

May 29 2003 // In a series of interviews conducted by Advisen, Ltd. since preliminary results of the RIMS Benchmark Survey were released last month, industry professionals report that the survey accurately reflects their current market...

Risk and Insurance Information Released to Businesses

May 27 2003 // The U.S. government raised its terror alert status to the second-highest level last week due to the renewed risk of attack in the United States. As a result, the warnings have raised the concerns of business owners and...

Price, Increased Self-Insured Retentions and Coverage, Top Challenges Facing Public Risk Managers

May 22 2003 //

Willis Launches New Cat Risk Modeling Service

May 19 2003 // Willis Re, the reinsurance division of global insurance broker Willis Group Holdings, announced the launch of Willis Concentrated Risk Locations (Willis Ctrl), which it described as “an exciting new risk modeling...

Woodruff-Sawyer Focuses on Delivering Results

May 19 2003 // In our continuing series on Agency Insights, we look at Woodruff-Sawyer, a brokerage specializing in a variety of services. A member of Assurex, the company is led by CEO, Stan Loar, Chairman of the Board, Doug Morton, and...

Panelists Say Greater Risk Control Measures, Tort Reform Will Improve Hospital Professional Liability Market

May 19 2003 // Dramatically higher premium increases and risk retention requirements have reportedly added financial pressures to an industry segment that is already strained. Facilities are going bare, self-insuring or reducing limits...

INSTEC Notes Deal With Compensation Risk Managers

May 16 2003 // Commercial P/C software provider, INSTEC, announced an agreement with Compensation Risk Managers, LLC. (CRM) for the implementation of the QuickSolver® Workers’ Compensation policy rating and administration...

Risk Manager Don’t See Increased Risk from War with Iraq

Apr 21 2003 // An overwhelming 84 percent of professional risk managers think risks to their organizations’ operations have not increased at all or have increased only slightly since the start of the U.S. war with Iraq last month,...

ABD Introduces Latest CyberSure Advancements

Apr 11 2003 // CyberSure.com, the insurance, risk management and employee benefits Web site of Redwood City, Calif.-based ABD Insurance and Financial Services, has taken enhanced online customer service and interactive resources to a new...

Despite Market Turmoil, Co’s Still Buying D&0 Says Allianz

Apr 11 2003 // Although capacity for directors and officers’ liability insurance has contracted significantly and prices have soared in the past two years, the vast majority of professional risk managers say they are obtaining...

Risk Managers Don’t See Increased Risk from War With Iraq

Apr 9 2003 // An overwhelming 84 percent of professional risk managers think risks to their organizations’ operations have not increased at all or have increased only slightly since the start of the U.S. war with Iraq, according...

D’Orsi Joins Millennium Corporate Solutions

Apr 9 2003 // Millennium Corporate Solutions (MCS), announced that Frank D’Orsi as vice president – risk control. D’Orsi will spearhead this previously outsourced department internally. In the past MCS contracted its...

Chubb Survey Says Loss Control Spending Increases 17 Percent

Apr 8 2003 // In an apparent move to drive down the cost of risk, risk managers are spending an average 17 percent more on loss control services while their organizations confront budgetary constraints and the difficult economic...

ACE Risk Management to Unveil New Web Site at RIMS

Apr 4 2003 // A new Web site, designed specifically with the needs of risk management clients in mind, will be unveiled by ACE Risk Management (ARM) at this year’s annual Risk and Insurance Management Society, Inc.’s...

ACE-USA ESIS Unit Launches International Safety Academy

Mar 17 2003 // ESIS, Inc., the risk management services arm of ACE USA, and Syntrio, Inc., a provider of complete online training solutions, announced the launch of the “International Safety Academy (ISA) e-Learning, a web-based...

AIG Forms New Unit to Coordinate Global Risk Management, Captive Capabilities

Feb 25 2003 // American International Group, Inc. (AIG) announced the formation of AIG Global Risk Management, established to consolidate the global risk management and captive capabilities of the AIG companies. Charles Dangelo,...

Marine Surveyors Cast a Wide Net

Feb 24 2003 // Chances are if you’ve been working with the marine insurance market for some time, the term “marine surveyor” may not be unfamiliar to you. But how many property and casualty insurance agents and...

Marine Surveyors Cast a Wide Net

Feb 24 2003 // Chances are if you’ve been working with the marine insurance market for some time, the term “marine surveyor” may not be unfamiliar to you. But how many property and casualty insurance agents and...