Latest Risk Management Headlines

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

Is Hyperloop Transportation Technology Feasible or Insurable?

Oct 18 2017 // Hyperloop Transportation Technologies wants to build a tube-based inter and intra-city transportation system to transport passengers and cargo at high speeds. As part of its efforts to gain support, it sought to assure...

Experts: Forget Government, Companies Must Step up to Combat Cyber Threats

Oct 17 2017 // Don’t rely on the U.S. government to protect your business from cyber threats.That was the consensus among experts speaking about cyber programs at a risk management conference on Tuesday. “The U.S. government...

May 2018 Deadline for EU’s Cyber Rule, GDPR, Spurs Corporate Action: Marsh

Oct 17 2017 // The upcoming implementation of the European Union’s General Data Protection Regulation (GDPR), which takes effect in May 2018, has elevated cyber risk to the top of the corporate agenda for organizations doing...

Vegas Risk Management Summit Tackled Commercial Auto, Workers’ Comp And More

Oct 16 2017 // One factor driving continuously dismal commercial auto insurance losses is a spate of “nuclear cases” that are plaguing the industry with multi-million lawsuits.The amount of money and resources being put into...

BKS Partners in Florida Taps Nash as Private Risk Management Director

Oct 11 2017 // Baldwin Krystyn Sherman Partners (BKS-Partners) of Florida has added Kelly Nash as Private Risk Management managing director. As the Private Risk Management managing director and member of the BKS leadership team, Nash...

P/C Insurer Software Provider Guidewire to Acquire Data Science Firm Cyence

Oct 6 2017 // Guidewire Software Inc., a provider of core operations software to property/casualty insurers, has agreed to acquire Cyence, a data science and risk analytics software company.Guidewire will pay approximately $275 million...

Alera Group Acquires Pennsylvania’s West Park Insurance and Risk Management

Sep 27 2017 // Alera Group, a national employee benefits, property and casualty, risk management and wealth management firm, has acquired West Park Insurance and Risk Management of Allentown, Penn.Formed in 2002, West Park Insurance and...

Allianz Partners with Cyence to Expand Capabilities in Cyber Risk Analysis

Sep 27 2017 // Allianz Global Corporate & Specialty SE (AGCS), Allianz Group’s specialist carrier for corporate insurance business, has teamed up with San Mateo, Calif.-based cyber risk analytics and modeling firm Cyence to...

People

Sep 18 2017 // Detroit, Mich.-based H.W. Kaufman Financial Group named Daniel J. Kaufman senior vice president of corporate growth. Kaufman will continue to serve as managing director and lead the Chicago, Milwaukee, Pittsburgh and...

Wisconsin Dairy Farmers Consider Risk Management Options After Federal Program Change

Sep 18 2017 // A change to the Dairy Margin Protection Program means Wisconsin dairy farmers can choose to opt out of the federal program and turn to other risk management strategies.The U.S. Department of Agriculture no longer requires...

People

Sep 18 2017 // Integro Insurance Brokers has hired Michael McCarroll as senior vice president in the firm’s Woodland Hills, Calif., office.McCarroll will focus on developing new opportunities within the property/casualty, benefits...

Risk Managers Cautious About Use of Drones

Sep 18 2017 // When it comes to commercial drones usage, 61 percent of risk managers are concerned about the potential for invasion of privacy, according to a 2017 survey conducted by Munich Reinsurance America (Munich Re, US). Other...

MJ Insurance Adds Lahr, Wells to Risk Management, Commercial Insurance Team

Sep 14 2017 // MJ Insurance, headquartered in Indianapolis, Ind., has added Olivia A. Lahr and Amy Wells to the commercial insurance and risk management team as risk transfer specialists.Lahr and Wells will be responsible for developing...

New York’s Brady Risk Program Managers Hires Three

Sep 13 2017 // Brady Risk Program Managers and its partner companies, Tritan Risk Management Group and Healthcare Risk Management Group, have announced that Michael McKeown has joined the firm as senior vice president of brokerage and...

With Federal Program Change, Wisconsin Dairy Farmers Have Risk Management Options

Sep 12 2017 // A change to the Dairy Margin Protection Program means Wisconsin dairy farmers can choose to opt out of the federal program and turn to other risk management strategies.The U.S. Department of Agriculture no longer requires...

Louisiana’s LCTA Acquires Risk Management Resources, Creates Specialty Insurer

Sep 11 2017 // Baton Rouge, Louisiana-based workers’ compensation insurance provider, LCTA Workers’ Comp (LCTA), has acquired Risk Management Resources and created a new subsidiary, LCTA Specialty Insurance Co.Risk Management...

New York’s Brady Risk Management Opens New England Office

Sep 11 2017 // Brady Risk Management Inc., a Huntington, N.Y.-based financial risk management firm, has announced the opening of Brady Risk New England Property/Casualty Managing General Insurance Agency based in Portland, Maine.The new...

Rethinking Freight Flood Risk Management After Hurricane Harvey

Sep 8 2017 // A week before Hurricane Harvey walloped Houston, workers for Union Pacific Corp. began moving rail cars out of the railroad’s Englewood switching yard near downtown and brought in enough generators to fill 70 tractor...

Risk Managers Cautious When It Comes to Use of Drones

Sep 7 2017 // When it comes to commercial drones usage, 61 percent of risk managers are concerned about the potential for invasion of privacy, according to a 2017 survey conducted by Munich Reinsurance America (Munich Re, US). Other...

XL Innovate Backs Construction Risk Management Platform Pillar

Sep 5 2017 // Pillar Technologies, which uses sensors to capture and distribute risk data on construction sites in real time, has secured $2.75 million in seed funding from XL Innovate, Hyperplane VC and Techstars Ventures.Pillar said...