Latest Risk Management Headlines

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

5 Tips to Help Risk Managers Address the Sharp Drop in Oil Prices

Apr 6 2015 // Oil and gas companies, as well as service contractors, manufacturers, distributors, transportation companies and any entity that supports the energy complex including, local banks, construction firms and real estate...

UK Report Highlights Role of Insurance in Managing, Mitigating Cyber Risk

Mar 24 2015 // Last year 81 percent of large UK businesses and 60 percent of small companies suffered a cyber security breach. In response to this increasing threat, a report published by the UK government and Marsh, one of the...

ACE Strengthens Casualty Offering for Multinational Activities of Canada Firms

Mar 20 2015 // ACE Group says it is strengthening its global primary casualty offering with an expanded service platform designed to protect the multinational business activities of Canadian companies.ACE Risk Management Global Casualty...

Boston Bombing Lesson: Risk Managers Urge Better ‘Terror Act’ Certification

Mar 18 2015 // Citing uncertainty following the Boston Marathon bombing almost two years ago, risk managers are urging the federal government to set a deadline for certifying if an event is an act of terrorism and also use...

Insurance Industry Presence Supports UN’s Disaster Risk Reduction Quest

Mar 16 2015 // The re/insurance industry has answered the call presented by the UN’s Disaster Risk Reduction initiative, as industry representatives gathered with others to attend the 3rd UN World Conference on Disaster Risk...

Insurers, Brokers and Clients Express their Views on the Industry

Mar 9 2015 // The Economist’s Insurance 2015 Conference, which took place on Tuesday, March 15, at the ornate Clothworkers Hall in London, featured a panel that expressed the views of insurers, brokers and their clients in a...

Terrorists Have Shifted from Attacking Airlines to Mass Transit: Study

Mar 2 2015 // Successful terrorists have shifted their focus in recent years away from attacking airlines to attacking subway and rail systems, according to an analysis of terrorist attacks over a 30-year period from 1982 to 2011 by a...

A.M. Best: New UAE Regulations Should Improve Risk Profile of Insurers

Feb 27 2015 // The Insurance Authority (IA) of the United Arab Emirates recently issued new financial regulations, which are well placed to improve the risk profile and policyholder security of UAE insurers, according to A.M. Best in a...

Climate Change Modeling on Cusp of Paradigm Shift

Feb 26 2015 // In the face of growing interest in climate change impacts, several big catastrophe modelers said they’ve heard from more clients interested in receiving climate-related data and they believe the field is on the cusp...

Diversity Within Insurance Industry Serves Expanding Nonprofits

Feb 23 2015 // Nonprofit and social service organizations are as plentiful and diverse as the world itself. To better serve communities, nonprofits must bend, mold and adapt to rapidly changing conditions and so must the insurance...

Essary Named Exec. Director of Surplus Lines Stamping Office of Texas

Feb 13 2015 // Norma Carabajal Essary has been appointed as executive director of the Surplus Lines Stamping Office of Texas (SLSOT), effective March 1, 2015. She succeeds Philip R. Ballinger, who retired Jan. 2, 2015, after 22 years of...

Circle of Diversity Serving Nonprofits and Social Services

Feb 9 2015 // Nonprofit and social service organizations are as plentiful and diverse as the world itself. To better serve communities, nonprofits must bend, mold and adapt to rapidly changing conditions and so must the insurance...

How Large Firm Risk Managers Rate Commercial Lines Carriers, Brokers

Feb 6 2015 // While commercial insurers have traditionally relied upon insurance brokers to manage customer relationships, large company risk managers are looking for both parties to work together to meet their needs, according to a new...

Willis Re Launches Cyber Risk Modeling Tool – PRISM-Re™

Feb 3 2015 // Willis Re, the reinsurance division of Willis Group Holdings plc, announced that it has launched “the insurance industry’s first cyber risk modeling tool that will enable insurers to quantify and manage their...

Beecher Carlson Appoints Zoda as Senior VP, Risk Control

Feb 3 2015 // Atlanta-based specialty insurance broker Beecher Carlson Insurance Services has appointed Jim Zoda as senior vice president of risk control. He is based in Texas.Zoda’s main focus will be to provide risk assessment...

ACE Launches Cyber Risk Unit for Continental Europe

Feb 2 2015 // ACE Group announced the launch of a new, independent cyber risk business unit as it continues to strengthen its local underwriting and risk management capabilities across Continental Europe.The announcement follows...

Army Corps Releases Northeast Coastal Flood Risk Management Framework

Jan 30 2015 // The U.S. Army Corps of Engineers on Wednesday issued a report saying that managing the flooding risk along the North Atlantic coast from events like Superstorm Sandy is something that has to be done collaboratively by all...

New Analysis Reveals Political Risk Exposures around the World: Willis

Jan 29 2015 // Willis Group Holdings has published a new analysis from Oxford Analytica in the form of the “VAPOR Political Risk Model,” which, it said, “helps companies assess the financial exposure to a suite of...

How ‘Crying Wolf’ in Bad Weather Warnings Erodes Public Compliance

Jan 28 2015 // The public is more likely to trust and comply with bad weather warnings—such as for winter snowstorms and icy roads—if authorities give their warnings as a probability estimate, according to risk researchers.The...

5 Risk Management Tips for the NFL Just in Time for Super Bowl

Jan 27 2015 // It’s been a rough year for American football. The National Football League has been plagued with a series of scandals. Commissioner Roger Goodell frequently seems befuddled, and it’s hard to discern any...