All the headlines from our Risk Management Topic Page, ordered by recency.
May 18 2020 // Insurers have been blindly moving to expand access and coverage in cyber insurance despite their inability to confidently assess and quantify holistic cyber risk. Visibility of the exposure remains poor, and overstated...
May 13 2020 // The U.S. Second Circuit Appeals Court on Tuesday considered arguments by an ex-Royal Bank of Scotland employee who is suing the U.S. Justice Department and Securities and Exchange Commission for a bounty he says he is owed...
May 7 2020 // The Federation of European Risk Management Associations (FERMA) announced the launch of a task force to create proposals to address the issue of business interruption coverage for catastrophic risks.“Our aim is to...
May 6 2020 // Allstate Corp. reported that its adjusted net income rose 47% in the first quarter to $1.14 billion, a jump of 47%, thanks to higher underwriting income and lower catastrophe costs, compared with the quarter one year ago....
May 5 2020 // RMS, the Newark, Calif.-based risk modeling and analytics firm, announced the release of new European Severe Convective Storm (EU SCS) High Definition Models.The models represent 50,000 years of simulation of hail and...
May 5 2020 // BKS-Partners, an insurance brokerage and risk management firm headquartered in Tampa, Fla., has appointed Kelly Nash to Regional president.As BKS-Partners Regional president, Nash will take responsibility over the...
Apr 21 2020 // Alera Group has acquired Barkley Risk Management & Insurance in California. The Barkley team will continue serving clients in their existing roles. Terms of the deal were not disclosed. Barkley serves clients...
Apr 20 2020 // Developing young talent to become successful young agents is not easy.Chris Burand, president of Burand & Associates, an insurance agency consulting firm, estimates that the new producer failure rate is as high as 70%...
Apr 6 2020 // Austin, TX, April 6, 2020 – Registration is open for The National Alliance for Insurance Education & Research 2020 Online Ruble MEGA Seminar. Dues-paid designees can attend the Online MEGA Seminar from their home...
Apr 3 2020 // Like everyone else, Peter Lacovara is coping with COVID-19, working at home to limit contagion to the coronavirus and stay healthy. He’s also plugging away trying to keep businesses healthy, as well.In his role as a...
Mar 31 2020 // Hours after the results of a risk model reached the public, U.K. Prime Minister Boris Johnson and U.S. President Donald Trump asked nearly 400 million people to upend their lives.A group of epidemiologists at Imperial...
Mar 30 2020 // CAC Specialty has named Robert Trinkleback leader of property/casualty loss control, and Jonathan Goodier vice president and property/casualty claims advocate in Denver, Colo. Trinkleback will help clients improve...
Mar 23 2020 // A financial market that’s in correction territory, coronavirus pandemic fears and an insurance industry hard market for the first time in years. Are these issues related or becoming more so? What’s an insured...
Mar 17 2020 // Everest Re Group Ltd. announced the promotion of Don Mango to Everest Group chief risk officer and chief actuary, effective March 30th.In this new role, Mango will report to Everest Re Group President and CEO Juan C....
Mar 16 2020 // The Target Market Program Administrators Association has become the latest insurance organization to cancel a meeting. TMPAA Executive Director Ray Scotto announced that the 2020 TMPAA Mid-Year Meeting planned for Tampa on...
Mar 14 2020 // For the first time in the Risk and Insurance Management Society’s 70-year history, it is not going to have its annual conference. The RIMS 2020 Annual Conference & Exhibition scheduled for May 6 in Denver has...
Mar 13 2020 // Warren Buffett, CEO, said there will be a Berkshire Hathaway annual meeting as usual on May 2 but it will be unusual in that it will not be attended by thousands of shareholders, employees and media representatives as in...
Mar 12 2020 // The roster of insurance-related conferences being canceled, postponed or moved to virtual due to the coronavirus threat keeps changing. Here is an updated list:March Property Liability Research Bureau (PLRB) called off its...
Mar 11 2020 // The following excerpt is from the new report, “A Warning from Tomorrow,” on U.S. cybersecurity strategy by the Cyberspace Solarium Commission. The report contains about 75 recommendations on what the country...
Mar 11 2020 // A major government report on cybersecurity that warns the nation is seriously underprepared for cyber attacks calls for the creation of a federally-funded center to develop cybersecurity insurance certifications and a...