Latest Risk Management Headlines
All the headlines from our Risk Management Topic Page, ordered by recency.
Insurers Show Increasing Use of Enterprise Risk Management to Address Pressing Business Issues
Dec 10 2002 // A Tillinghast – Towers Perrin (Tillinghast) survey on Enterprise Risk Management (ERM), shows insurers around the world are increasingly adopting ERM, a relatively new approach to the strategic management and...
Travelers Unveils Application for Risk Managers to Receive, Access Claim Reporting Materials Electronically
Dec 4 2002 // Travelers Property Casualty has announced its Web-based application that allows risk managers to receive and access claim reporting materials electronically. Large customers can now have a single, customized site that...
Questerra Unveils Visual Decision Support, Analysis Solutions for Underwriting and Risk Management
Nov 21 2002 // Questerra announced the release of its Internet-based visual decision support and analysis service that provides an innovative solution for minimizing risk across lines of insurance business. Questerra offers Web-based...
RIMS Seeks Survey Participants
Nov 13 2002 // The Risk and Insurance Management Society Inc. (RIMS) and Advisen Ltd. are inviting the risk management and financial communities to participate in the new online RIMS Benchmark Survey(TM). According to RIMS and Advisen,...
Frank Crystal & Co. Names Persha to Head Environmental Unit
Nov 6 2002 // Frank Crystal & Company has appointed Dan Persha to head up its new Environmental Risk Management Practice, based in Houston, Texas. Persha brings over 23 years of insurance and risk management experience, and has...
United Risk Management Under Investigation
Oct 30 2002 // A spokesperson for the New Jersey Department of Insurance confirmed that United Risk Management Services, a managing general agency headquartered in New Jersey, is under investigation by that department for issues...
United Risk Management Under Investigation
Oct 29 2002 // A spokesperson for the New Jersey Department of Insurance confirmed that United Risk Management Services, a managing general agency headquartered in New Jersey, is under investigation by that department for issues...
Reinsurance Market Tries to Reel In Profits
Oct 28 2002 // A year ago the reinsurance industry faced the biggest loss event in its history – the attacks on the WTC and the Pentagon. Nevertheless, commentators were almost unanimous in predicting that the market would harden,...
Reinsurance Market Tries to Reel In Profits
Oct 28 2002 // A year ago the reinsurance industry faced the biggest loss event in its history – the attacks on the WTC and the Pentagon. Nevertheless commentators were almost unanimous in predicting that the market would harden,...
Federal Government, Insurers Tout Importance of Cyber Coverage
Oct 28 2002 // Recently, the White House unveiled the National Plan to Secure Cyberspace, an initiative urging insurers and companies to assess and manage exposures to cyber risk. Among other things, the plan calls for developing new...
Pa. Agriculture Secretary Touts Benefits of Crop Insurance
Oct 25 2002 // Pennsylvania Agriculture Secretary Sam Hayes kicked off a 2002-03 crop insurance education and outreach program at the behest of Gov. Mark Schweiker during the third annual Crop Insurance Conference in...
RMS Offers New ‘Mark-to-Market’ Data and Models for Weather Derivatives
Oct 22 2002 // California’s Risk Management Solutions (RMS), announced that it has initiated the daily publication of weather market price data and the release of “mark-to-market functionality in version 3.2 of its...
Gov’t, Insurers Tout Cyber Coverage
Oct 14 2002 // Recently, the White House unveiled the national plan to Secure Cyberspace, an initiative urging insurers and companies to assess and manage exposures to cyber risk. Among other things, the plan calls for developing new...
Aon Risk Management Program Wins Chicago Innovation Award
Oct 8 2002 // Aon announced that its “Wired for Growth” risk management program has been named among the top ten winners of the 2002 Chicago Innovation Award. “This is the second recognition the Wired for Growth...
22nd IRMI Construction Risk Conf. to be Held in San Diego, Nov. 11-14
Oct 7 2002 // The 22nd International Risk Management Institute (IRMI) Construction Risk Conference will take place Nov. 11 through Nov. 14, 2002, in San Diego. The three-and-a-half day conference is devoted exclusively to construction,...
CompManagement Buys Barron Risk
Oct 2 2002 // CompManagement Inc. of Greenwich, Conn. announced it has purchased Dallas-based Barron Risk Management, which provides workers’ compensation claims management, medical cost containment, safety and loss prevention,...
Hard Market Conditions Can Reward Good Risk Management Says Lloyd’s Chairman
Sep 30 2002 // Lloyd’s Chairman Sax Riley told an audience of 600 insurance professionals in Milan, Italy that the way in which business organizations manage the risks they face is becoming an increasingly important factor in the...
ACE Risk Management Creates New Excess Workers’ Comp Unit
Sep 19 2002 // ACE Risk Management (ARM), part of ACE USA, announced the creation of a new unit, ARM Excess Workers’ Compensation. The ARM Excess Workers’ Compensation unit offers risk managers and brokers the ability to...
RMS Unveils Game Theory-Based Terrorism Risk Model
Sep 19 2002 // Risk Management Solutions (RMS), has launched its U.S. Terrorism Risk model, a model designed to assist property, workers’ compensation, and life insurers and reinsurers in quantifying the risk from catastrophic...
ACE Risk Management Forms New Custom Casualty Unit
Sep 4 2002 // ACE Risk Management (ARM), part of ACE USA, has created a new unit, ARM Custom Casualty. The ARM Custom Casualty unit will specialize in general and product liability coverages for insureds with challenging exposures. In...
