Latest Risk Management Headlines

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

BP Links Bonus Pay to Safety, Risk Management

Oct 19 2010 // BP Chief Executive Bob Dudley has stepped up his battle to rebuild the troubled oil giant’s reputation, declaring safety is so core to the group that it would be the sole measure for staff bonuses in the last quarter...

Clements Europe Acquires Vehicle Risk Management Book from Lockton

Oct 14 2010 // Insurer Clements Europe has acquired the International Vehicle Risk Management (IVRM) business from broker Lockton.The IVRM business consists of overseas diplomats and International fleet business, complementing Clements...

Swiss Re Structures $138.6 Million Cat Bond for Groupama

Oct 6 2010 // Swiss Re’s Capital Markets unit announced that it has ‘successfully structured and placed €100 million [$138.6 million] of securities issued by Green Valley Ltd.,” covering windstorm events in...

People

Oct 4 2010 // Salt Lake City-based The Buckner Co. named Mark A. Oligschlaeger executive vice president/chief operations officer. He joins the insurance firm after having spent the past 12 years working for Leucadia National Corp.,...

A Wonderful Life

Oct 4 2010 // If a creative insurance cinematographer were to capture the story of McQueary Henry Bowles Troy LLP, it might appear to be a familiar tale. That’s because although times are tough in the national economy, at this...

ACE UK Launches Retail Sector Risk Management ‘Self Assessment Tool’

Sep 30 2010 // ACE UK has launched a self assessment tool for its clients in the retail sector to enable them to gather detailed risk information from multiple sites and to compare these against best practice benchmarks for a range of...

FERMA’s 2010 Survey Highlights Growing Role of Risk Management

Sep 29 2010 // “Risk management is now on the agenda for top management, the board and shareholders, which clearly support and sponsor the function,” states a bulletin from Federation of European Risk Management Associations...

AIR Updates European Wind Storm Risk Model

Sep 16 2010 // Catastrophe risk modeling firm AIR Worldwide has released a major update to its Extratropical Cyclone Model for Europe.”Virtually every component of the model has been enhanced through the incorporation of...

Cornejo Joins IMA as Risk Management Account Manager

Sep 15 2010 // Wichita, Kan.-based independently owned retail insurance broker IMA Inc. announced that Jess Cornejo joined IMA’s Wichita office as a risk management account manager in the Risk Management Group of IMA’s...

People

Sep 6 2010 // Louisiana Workers’ Compensation Corp. (LWCC) promoted two key executives. Paul Buffone is now senior vice president of Risk Management Services, and David T. White is now vice president of Internal Audit.Buffone...

A Risk Manager’s View on High Net Worth Insurance Programs

Sep 6 2010 // Designing an insurance program for the high income, high profile client will start with the process of an analysis of all of the known risk pertaining to the client’s assets, occupation and financial...

PMA Promotes Aspen to Vice President

Sep 1 2010 // Pennsylvania-based PMA Cos has promoted Jack Aspen to vice president of Risk Control Services.In his new position, Aspen will lead the risk control functions for the PMA Insurance Group, PMA Management Corp. and PMA...

Maley Joins IMA as Vice President and Risk Manager

Aug 25 2010 // Wichita, Kan.-based independently owned retail insurance broker IMA Inc. announced that Kathie L. Maley joined IMA’s Wichita office as a vice president and risk manager in the Risk Management Group of IMA’s...

RMS Releases ‘Australia Severe Convective Storm Model’

Aug 19 2010 // Risk Management Solutions has completed work on a model dealing with Australia’s three greatest perils. RMS announced the phase one release of its “Australia Severe Convective Storm Model®, covering damage...

2010 Education & Training Directory

Aug 16 2010 // Insurance Journal is pleased to publish the 2010 Education and Training Directory. This exclusive resource directory has been designed to help independent agents and brokers find educational and training opportunities to...

In Memoriam: Scorpius Risk Management’s Hall

Aug 11 2010 // Former Independent Agents & Brokers of the South Bay President Wayne Hall has died. Hall owned his own agency, Scorpius Risk Management, located in Palos Verdes, Calif. He was actively involved as a member of the...

RMS Terrorism Risk Model Includes More International Cities

Aug 10 2010 // Newark, Calif.-based Risk Management Solutions has enhanced its terrorism risk model, adding in more details for international cities and higher resolution hazard information and refinements to human exposure and building...

CNA Names Ryszetnyk, Ecoff to Ocean Marine Unit

Aug 9 2010 // CNA announced two appointments in its Ocean Marine operation. John Ryszetnyk recently joined as assistant vice president and Roger Ecoff as Risk Control consulting director. In his role, Ryszetnyk manages the Hull and...

Declarations

Aug 2 2010 // No Answers“I have a concern that BP is stalling claims. Yes, BP is stalling. I doubt they are stalling for money. It’s not that. I just don’t think they know the answers to the questions (by...

Risk Managers Not Satisfied With U.S. Insurance Providers’ Service

Aug 2 2010 // Corporate risk managers report a serious and growing disconnect between themselves and their insurance brokers and carriers. At a time when U.S. companies are enhancing internal risk management capabilities and elevating...