All the headlines from our Risk Management Topic Page, ordered by recency.
Sep 19 2012 // The growing level of activity among regulatory bodies and quasi-regulatory agencies focused on strengthening insurance solvency protection systems, particularly regarding increased risk capital and enhanced risk...
Sep 19 2012 // A bulletin from Aon Global Risk Consulting, the risk management arm of Aon plc, using responses from 100 senior risk industry professionals at its annual Client Symposium, indicates that “organizations in Central and...
Sep 18 2012 // Thousands of farmers are filing insurance claims this year after drought and triple-digit temperatures burned up crops across the nation’s Corn Belt, and some experts are predicting record insurance losses —...
Sep 5 2012 // Houston-based Myron F. Steves & Co. has established the Myron F. Steves Endowed Directorship for the Center for Insurance and Risk Management at the University of Houston Downtown.The $250,000 endowment recognizes...
Aug 24 2012 // ISO says it has received approval of its Risk Analyzer Homeowners by-peril rating rules in 13 states and has filings pending approval in several other states.ISO would not disclose which states have cleared its filings....
Aug 22 2012 // The soft market has made the job of insurance agents very difficult the last few years. Competition has been extremely fierce, and premiums so low that agents have had to fight for business and write more accounts just to...
Aug 20 2012 // Insurance is an exacting language. Buyers and especially the courts have an annoying tendency to assign real meaning to the words used by insurance professionals. Accordingly, there are at least seven terms that insurance...
Aug 2 2012 // Connecticut Gov. Dannel Malloy announced today that international media and information company Thomson Reuters has relocated its U.S. insurance subsidiary from Delaware to Connecticut.The subsidiary, Thomson Reuters Risk...
Jul 30 2012 // A private company based in Mandeville contracted to run much of the claims processing and management handled by Louisiana’s Office of Risk Management has been producing results ahead of schedule, legislative auditors...
Jul 9 2012 // Montpelier Reinsurance Ltd., the Bermuda reinsurance subsidiary of Montpelier Re Holdings, announced the appointment of Dr. Gero Michel as Head of Risk Analytics, a new position at the Company, effective July 1, 2012.He...
Jul 5 2012 // Mitsui Sumitomo at Lloyd’s has appointed Martin Burke as Chief Risk Officer. He has worked within the Lloyd’s and company markets for 15 years, most recently serving as Finance Risk Manager within the...
Jul 5 2012 // Lockton St. Louis announced the addition of Jim Mathewson, senior vice president, to its Risk Management team.In his new position, Mathewson will be responsible for working directly with clients to provide strategic...
Jul 2 2012 // In recent years, a growing number of independent property/casualty agencies have begun offering group health/benefits services to their clients. In interviews with Insurance Journal, agency executives in the Northeast...
Jun 29 2012 // The practice of business transactions presents greater professional liability risk for attorneys than many other areas of practice, a new analysis revealed.A new study based on claims from CNA’s Lawyers Professional...
Jun 29 2012 // The Risk Control unit of CNA insurance companies has released a study that takes a look at lawyers and the practice of business transactions, a diverse area that often involves drafting and negotiating agreements and...
Jun 22 2012 // Ratings agency Moody’s Investors Service downgraded 15 of the world’s biggest banks on Thursday, lowering credit ratings by one to three notches to reflect the risk of losses they face from volatile capital...
Jun 18 2012 // strong>Arthur J. Gallagher & Co., Grossman & AssociatesArthur J. Gallagher & Co. has acquired Grossman & Associates Inc. in Beachwood, Ohio. Terms of the transaction were not disclosed. Founded in 1980,...
Jun 18 2012 // Southport Lane, Lonestar Holdco, Dallas NationalSouthport Lane, a New York-based private equity firm, through its subsidiary Lonestar Holdco LLC, will acquire Dallas National Insurance Co., a Texas based property and...
Jun 5 2012 // AIG’s property/casualty division Chartis announced the launch of its hospitality and leisure industry practice group, which will provide specialized insurance and risk management products for the hotel, amusement,...
Jun 4 2012 // First Niagara Risk Management, the Buffalo, N.Y.-based insurance brokerage subsidiary of First Niagara Bank, appointed Kirk Jensen as managing director and senior executive. Jensen’s 25-year career in the insurance...