Latest Risk Management Headlines

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

Removing Barriers to CAT Risk Modeling Will Slow Insurer Flight From High-Risk Areas

Sep 18 2023 // Technology has been embraced in a variety of ways within the homeowners’ insurance market. Many aspects of the claims process have been automated, insurers are utilizing more climate data than ever before to predict...

The Value of Wildfire Simulations in Enterprise Risk Management

Sep 12 2023 // This post is part of a series sponsored by CoreLogic.Going beyond historical data brings clarity to the future of wildfire risk Welcome to the second installment of our four-part series on wildfire hazard and enterprise...

Louisiana’s Southern University to Establish New Risk Management and Insurance Degree Program

Sep 5 2023 // The Louisiana Department of Insurance (LDI) announced it has partnered with the Alliant Insurance Foundation, the Spencer Educational Foundation and Southern University to create a new risk management and insurance degree...

Diverging Cyber Cat Model Results Challenge Underwriters’ Risk Analysis: Guy Carpenter

Sep 4 2023 // Significant progress has been made in advancing vendors’ cyber catastrophe models, but a notable degree of variability exists across model outputs, which can pose a challenge to insurance and reinsurance companies as...

Wildfire Risk Score: A Complete Tool for Insurance Risk Management

Sep 1 2023 // This post is part of a series sponsored by CoreLogic.Welcome to the first installment of our four-part series on wildfire hazard and risk management, where we will explore CoreLogic’s wildfire risk models and their...

SBK Insurance Names Risk Manager at Chattanooga Office

Aug 24 2023 // SBK Insurance, a subsidiary of Tennessee-based SmartBank, said Drew Vaughn has joined the Chattanooga team as risk manager. Vaughn Vaughn is a 2020 graduate of the University of Tennessee, where he earned his...

People Moves: AXA XL Names Hopkinson Canada Country Mgr; BHSI Promotes Leandri for Risk Control; Coalition Taps MS Amlin’s Wynne Davies as UK Special Projects Lead

Aug 22 2023 // This edition of International People Moves details appointments at AXA XL, Berkshire Hathaway Specialty Insurance (BHSI), and the cyber insurer Coalition.AXA XL Names Hopkinson as Canada Country Manager AXA XL announced...

Nonprofits and Risk Management

Aug 21 2023 // When you ask the internet what a nonprofit organization is, you get several answers. Many of those answers have to do with setting up a nonprofit and obtaining a tax-exempt status. More than being a form of business that...

Diverging Cyber Cat Model Results Challenge Underwriters’ Risk Analysis: Guy Carpenter

Aug 1 2023 // Significant progress has been made in advancing vendor’s cyber catastrophe models, but a notable degree of variability exists across model outputs, which can pose a challenge to insurance and reinsurance companies as...

People Moves: Powers Hires Favazza as Commercial Lines Risk Management Advisor; Ryan Specialty Appoints D’Onofrio CEO and Alvin CUO

Jul 13 2023 // Powers Insurance & Risk Management Hires Favazza as Commercial Lines Risk Management AdvisorPowers Insurance & Risk Management, headquartered in St. Louis, Mo., hired Giovanni “Johnny” Favazza as...

LAAIA and the Spencer Educational Foundation Join Forces to Empower Latino Students in Risk Management & Insurance Industry with Scholarships

Jul 6 2023 // Miami, FL, July 6, 2023 – The Latin American Association of Insurance Agencies (LAAIA) is proud to announce its continued partnership with the Spencer Educational Foundation in providing scholarships to top-ranking...

Oakbridge Insurance Acquires JHA Risk Management in North Carolina

Jul 6 2023 // Georgia-based Oakbridge Insurance Agency, one of the largest independent agencies in the country, has continued its growth with the acquisition of JHA Risk Management agency in North Carolina. JHA, based in Rocky Mount,...

EU Banks Expand Risk Models to Better Prepare for Climate-Change Fallout

Jun 23 2023 // European banks are building out their risk models to better prepare for the fallout from climate change, with some even examining the short-term liquidity implications of a hotter planet, according to a joint survey...

kWh Analytics Reveals Top Challenges in Solar Industry Risk Management

Jun 21 2023 // Demand isn’t an issue for the solar industry.The challenges lie with fulfilling demand with more skilled labor, more technology, and more sites. While the Inflation Reduction Act (IRA), a freeze of potential tariffs,...

Center for Insurance and Risk Management Opening in Nevada University

Jun 15 2023 // University of Nevada, Las Vegas announced the establishment of the Kerestesi Center for Insurance and Risk Management within the Lee Business School.The center, made possible through a $5 million gift from the Nevada...

Arthur J. Gallagher Subsidiary Acquires Dublin’s Allied Risk Management

May 18 2023 // Dublin-based Allied Risk Management has been acquired by Artex Risk Solutions Inc, a captive and alternative risk transfer solutions subsidiary of Arthur J. Gallagher & Co.Terms of the transaction were not disclosed....

People Moves: Powers Insurance & Risk Management Promotes Jaboor to IT Associate

May 10 2023 // Powers Insurance & Risk Management Promotes Jaboor Powers Insurance & Risk Management has promoted Drew Jaboor to IT associate. Jaboor will assist with onboarding new employees, perform ongoing system training for...

Hub Acquires Brady Risk Management of New York

Apr 20 2023 // Global insurance broker Hub International Limited reported that it has acquired the assets of Brady Risk Management, Inc. of Huntington, New York.Brady Risk is a risk management, risk transfer and insurance firm that...

Gen Z Talks Insurance: 5 Risk Management Students Share What the Next Gen Wants & Why It Matters

Apr 17 2023 // Like so many teenagers, they didn’t know much about insurance.When Gabby Banks, Henry Cram, Taylor Trafton, Filmon Futsum and Casey Alexander set foot on their respective college campuses, underwriting and claims...

Nexus Acquires Majority Stake in Dubai-Based MGA, Spectrum Risk Management

Apr 10 2023 // Nexus Underwriting announced that it has completed the acquisition of a majority stake in Spectrum Risk Management, a specialist MGA headquartered in Dubai that focuses on marine and property insurance and...