Latest Risk Management Headlines

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

Arthur J. Gallagher Acquires Insurance Risk Managers of Missouri

Jan 8 2013 // Arthur J. Gallagher & Co. has acquired Insurance Risk Managers of Missouri Inc. in St. Louis. Terms of the transaction were not disclosed.Founded in 1996, Insurance Risk Managers of Missouri (IRM) is a retail insurance...

The Griffith Foundation Awards $22K-Plus in Scholarships

Jan 3 2013 // The Griffith Insurance Education Foundation, based in Columbus, Ohio, awarded $22,750 in scholarships to 22 students at six colleges and universities. The scholarships support students studying risk management, insurance...

People

Dec 17 2012 // Associated Agencies Inc., based in Rolling Meadows, Ill., has promoted Joshua Herz to president, making him the fourth person in the same family to hold the position.Herz succeeds his cousin, Max (Skip) R. Schrayer, who...

Viewpoint: Trade Sanctions and Risk Management

Dec 5 2012 // The U.S. government has increasingly used laws and regulations that impose economic sanctions on others as an instrument to advance foreign policy and national security goals, with some of the most recent efforts aimed at...

Delaware’s Lyons Companies Appoints Risk Management Advisor

Dec 3 2012 // Lyons Companies, Delaware’s largest privately-owned commercial insurance brokerage and employee benefits consulting firm, appointed Michael F. McDonald as risk management advisor.Michael F. McDonaldMcDonald...

FERMA Opposes EU Fund for Industrial Accident Environmental Liabilities, Losses

Dec 3 2012 // The Federation of European Risk Management Associations [FERMA), which represents risk managers in 20 European countries, has told the European Commission that it is opposed to the creation of a fund to cover environmental...

Torus Survey: Top Issues in Management Liability & Professional Lines Market

Nov 29 2012 // A recent survey* undertaken by global specialty insurer Torus has highlighted a myriad of current issues facing the management liability and professional lines market. Designed to identify key trends affecting this...

Endurance Acquires Galileo Weather Risk; Launches Global Weather Service

Nov 21 2012 // Bermuda-based Endurance Specialty Holdings Ltd. announced that it has acquired the assets of Galileo Weather Risk Management, a provider of weather risk management products and services, and has hired all of its employees....

Risk Managers’ Top 3 Concerns: Interest Rates, Currency Markets, Regulations

Nov 9 2012 // Interest rates, volatile currency markets and changing regulations are the top three things keeping risk managers from their sleep. Those are the conclusions summarized in an article on the Lloyd’s web site that...

Markel Unveils Risk Management Portal for DataBreach Policyholders

Nov 9 2012 // Markel has launched a new risk management portal for DataBreach policyholders that includes information and technical resources that can assist in the prevention of network, cyber, and privacy breaches as well as support...

Zurich/Advisen Poll Finds Cyber Risk Awareness Increasing

Nov 6 2012 // A note from Zurich Insurance indicates that the “vast majority of risk professionals say information security and other cyber risks are at least a moderate threat to their organizations,” according to a new...

Trade Sanctions and Risk Management

Nov 5 2012 // The U.S. government has increasingly used laws and regulations that impose economic sanctions on others as an instrument to advance foreign policy and national security goals, with some recent efforts aimed at putting...

Bermuda’s SAC Re Adds 4 to Property Reinsurance, Finance, Risk Management Teams

Nov 1 2012 // S.A.C. Re Ltd. has filled several key management posts in its property reinsurance, finance and risk management teams.Kathleen Reardon has joined Bermuda’s SAC Re as chief underwriting officer for Property, and will...

General Star Adds Risk Management Hotline to A&E Program

Oct 15 2012 // General Star Management Co. has launched a “design professionals liability hotline” as an enhancement to its architects & engineers program, which is handled exclusively by program administrator...

Report Points to Insurance Industry’s Vulnerability to Climate Change

Oct 8 2012 // A report out late last month urges the insurance industry to act to protect itself and the community against the increasing frequency of extreme weather due to climate change.In short, the report, its authors and those...

Connecticut Insurance Department Names New Captive Manager

Oct 5 2012 // Connecticut Insurance Commissioner Thomas Leonardi today announced that John C. Thomson, a veteran risk management specialist, will manage the new captive insurance regulatory unit.Commissioner Leonardi said Thomson brings...

Karen Clark & Co. Introduces RiskInsight® Platform for Cat Risk Management

Oct 2 2012 // Boston-based Karen Clark & Company (KCC), independent experts in catastrophe risk, catastrophe models and catastrophe risk management, announced the release of the RiskInsight® open, global platform for catastrophe...

Brandmovers Launches Promotional Risk Management Insurance Co.

Sep 21 2012 // Brandmovers, Inc. has launched Brandsurance, an industry-focused insurance company to work alongside their digital engagement initiatives.Brandsurance will specialize in promotional risk management and partner with...

Report Points to Insurance Industry’s Vulnerability to Climate Change

Sep 20 2012 // A report out Thursday urges the insurance industry to act to protect itself and the community against the increasing frequency of extreme weather due to climate change.In short, the report, its authors and those endorsing...

Poms Names Windom VP of Risk Management in Southern California

Sep 20 2012 // Woodland Hills, Calif.-based Poms & Associates Insurance Brokers Inc. named Jerry Windom vice president in the risk management group of the firm’s Woodland Hills office. Windom advises clients on personnel and...