Latest Risk Management Headlines

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

Risky Business: Insurance Industry Entering ‘New Era’ of Catastrophes

May 16 2011 // Given the recent flooding, hurricanes and earthquakes, it appears the number of catastrophic events that inflict mass casualties and severe economic losses has increased – so much so that Dr. Erwann Michel-Kerjan,...

How to Prevent E&O Lawsuits for Black Swan Risks

May 16 2011 // The timeless maxim- “think globally, act locally” – coined in 1915 by social activist Patrick Geddes, underscores the vital importance for insurance agents to really think through the scope of their...

Best’s Analysis Concludes Solvency II Will Transform EU Captive Insurers

May 13 2011 // Although it has been coming for more than 10 years, the European Union’s Solvency II regulations covering the community’s insurance industry is now virtually around the corner. Over the years there has been a...

Pint Joins Moores Insurance Management in St. Paul

May 11 2011 // Brad Pint has joined St. Paul, Minn.-based Moores Insurance Management Inc. as risk manager. This is a newly created position, reflecting the ongoing growth of the agency.Pint has more than 15 years of risk management and...

Risky Business: Insurance Industry Entering ‘New Era’ of Catastrophes

May 10 2011 // Given the recent flooding, hurricanes and earthquakes, it appears the number of catastrophic events that inflict mass casualties and severe economic losses has increased — so much so that Dr. Erwann Michel-Kerjan,...

C-Suite Executives Now Expect More from Risk Managers

May 4 2011 // The financial crisis has raised the expectations that executives in the C-suite have of their risk managers to be leaders within their organizations.These top executuves want their risk managers to take a more active role...

Despite Rise in Cyber Threats, Businesses Forego Buying Network Liability Coverage

May 3 2011 // Despite the threat of increasing incidents of cyber attacks on businesses worldwide, the vast majority of companies (73 percent) report they do not have network liability policies, according to a new industry survey.The...

Top 10 Risks Facing Business Leaders

May 2 2011 // Economic risk is the greatest threat today’s business leaders face, followed by legislative and regulatory changes and increased competition.Business leaders across the globe also emphasized the need to innovate,...

S&P: No. Am, Bermuda Insurers Enhancing Enterprise Risk Management Efforts

May 2 2011 // In an article published on its web site Standard & Poor’s Ratings Services said it has outlined its “updated enterprise risk management (ERM) opinions for all of its rated North American and Bermudan...

How to Find Cyber Insurance for the Uninsurable

May 2 2011 // The University of California (UC) has redefined the rules of cyber liability insurance, using an approach that the university’s Chief Risk Officer Grace Crickette calls “reverse underwriting.”...

Japan Quake Reveals Cracks in Insurance System

May 2 2011 // Michael Korn, managing principal at Integro Insurance Brokers, is a popular person these days, which is perhaps not too surprising considering he is an insurance broker in earthquake-prone San Francisco.“We’re...

RIMS, Chartis Launch Hall of Fame for Risk Managers

Apr 26 2011 // The Risk and Insurance Management Society (RIMS) and global insurer Chartis have announced the formation of the Risk Management Hall of Fame to honor those who have made significant contributions to advancing the risk...

Arab Political Shocks Demand Risk Rating Rethink

Apr 26 2011 // Attempting to predict the future, rather than imagining possible versions of it, may have blinded risk analysts to the likelihood of this year’s uprisings across the Middle East and North Africa.Concentrating on what...

Aspen Risk Management Adds Flute as Sales Rep

Apr 20 2011 // Aspen Risk Management Group has added Al Flute as a sales and service representative in San Diego. Flute has a diverse safety and health background working for The Zenith and Nationwide. His responsibilities included...

Lockton Launches Risk Management Tool to Address Uninsurable Risks

Apr 19 2011 // Lockton is launching a package of risk management solutions called Enterprise Disruption Contingency Insurance designed to help companies cope with previously “uninsurable” risks.Lockton’s Enterprise...

Insurance Council of Texas Scholarships Have Honored 201 Students

Apr 15 2011 // More than 200 students in Texas have benefited from scholarships provided by the insurance industry since 2002, the Insurance Council of Texas (ICT) Education Foundation announced. The group has awarded academic...

Utica National Promotes Aquino to Regional Risk Management Post

Apr 14 2011 // Mark A. Aquino has been promoted to regional manager in the risk management department at the Utica National Insurance Group’s office in Utica, New York. Aquino is is responsible for managing the company’s risk...

Safety Observations Module Rounds Out Succeed Management Solutions’ Behavior-Based Safety Program

Apr 13 2011 // Succeed expands its online Risk Management Platform.Wilsonville, OR, April 13, 2011- Succeed Management Solutions, LLC has announced the completion of its Safety Observations module. Safety Observations is just one...

A.J. Gallagher Risk Management Services Adds 2 in Louisiana

Apr 11 2011 // Arthur J. Gallagher Risk Management Services announced that it has added to its sales teams in the firm’s Baton Rouge and Lake Charles offices. In Baton Rouge, the company added Robert Johnston as a sales executive....

Japan Quake Reveals Cracks in Insurance System – Part I

Apr 5 2011 // Michael Korn is a popular person these days, which is perhaps not too surprising considering what he does for a living and where he lives. Korn is an insurance broker in earthquake-prone San Francisco.“We’re...