Latest Risk Management Headlines

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

Greensill’s Business Model Risks ‘High Level of Harm’; New Rules Needed: UK Watchdog

Dec 3 2021 // The business model used by collapsed supply chain financing firm Greensill Capital is causing a “high level of harm” and tighter rules are needed, Britain’s Financial Conduct Authority said on Friday.The...

China’s Regulator Issues New Rules for Risk Management of Insurance Groups

Nov 30 2021 // China’s banking and insurance regulator on Tuesday issued new rules governing the risk management of insurance groups, which will step up supervision, limit holdings of non-core units and regulate their investments...

Infrastructure Package Could Deliver Louisiana Billions in Repairs, Coastal Storm Risk Management

Nov 16 2021 // Members of Congress are still bickering over the wisdom of passing a $1 trillion infrastructure package, but Louisiana lawmakers and state officials have moved to developing plans for spending the influx of cash for roads,...

New York Issues Final Guidance to Insurers on Managing Risks of Climate Change

Nov 15 2021 // The New York State Department of Financial Services (DFS) has issued final guidance to New York-regulated domestic insurers regarding their management of the financial risks from climate change.After issuing a proposed...

Business Owners’ Risk Management Acumen Falls Short in Modern Era: Broker

Nov 1 2021 // In an era of increased business risk, the owners, CEOs and founders of small-medium enterprises (SME) and technology startups are falling short in both evaluating these risks and showing the right acumen for risk...

Business Owners’ Risk Management Acumen Falls Short in Modern Era: Broker

Oct 21 2021 // In an era of increased business risk, the owners, CEOs and founders of small-medium enterprises (SME) and technology startups are falling short in both evaluating these risks and showing the right acumen for risk...

Marsh McLennan Launches Cyber Risk Analytics Center

Oct 14 2021 // Marsh McLennan announced the launch of its Cyber Risk Analytics Center, a resource that brings together the cyber risk data, analytics and mitigation expertise of its four businesses and other business, government and...

Are Public, Private Partnerships the Answer to Cybersecurity’s Risk Management Problem?

Oct 13 2021 // The Biden Administration is increasingly prioritizing growing ransomware threats as a risk management problem, according to guests on the latest episode of The Insuring Cyber Podcast.This comes as four insurance firms —...

Arrow Risk Management Launches MGA Platform, Led by Former Barbican Executives

Oct 7 2021 // Arrow Risk Management announced the launch of its new MGA underwriting platform, led by Jon Godfray as chief executive officer and Mark Harrington as chief underwriting officer.The Arrow Risk platform provides a efficient...

Middle Market Firms Miss Out on Agents as Risk Management Resource: Survey

Oct 4 2021 // Many middle market companies are failing to use a key risk management resource: their insurance agents and brokers.According to a survey sponsored by insurer Chubb, only 15% of middle market companies rely heavily on an...

Middle Market Firms Miss Out on Agents as Risk Management Resource: Survey

Sep 27 2021 // Many middle market companies are failing to use a key risk management resource: their insurance agents and brokers.According to a survey sponsored by insurer Chubb, only 15% of middle market companies rely heavily on an...

FSU College of Business Ranks No. 1 for Dr. William T. Hold/The National Alliance Program in Risk Management and Insurance

Sep 17 2021 // September 17, 2021, Tallahassee, FL — Florida State University College of Business undergraduate Risk Management/Insurance Program is ranked No. 1 in the country, by U.S. News & World Report’s “Best...

Moody’s Closes on Acquisition of Risk Modeler RMS for $2 Billion

Sep 16 2021 // Moody’s Corp. reported that it has completed its acquisition of RMS, the climate and natural disaster risk modeling and analytics firm.In the transaction, originally announced on August 5, 2021. Moody’s paid...

How Extreme Weather Makes Everything Harder, Except Climate-Risk Analysis

Aug 16 2021 // It’s been a momentous week for our understanding of the effects of greenhouse gas emissions. The Intergovernmental Panel on Climate Change’s sixth report on the physical science of global warming last Monday...

eMaxx Announces Return of Risk Management Summit in Miami, Florida

Aug 10 2021 // Three day meeting packed with educational sessions addressing loss prevention, technology, claims and litigation management industry trends PEABODY, Mass. (August 10, 2021) – eMaxx, a tech-enabled specialty provider of...

Managing Through Disruption: The Importance of Risk Management for Supply Chains

Jul 26 2021 // This post is part of a series sponsored by The Hanover Insurance Group.Over the last decade, we have witnessed many types of unpredictable disasters, including terrorist attacks, wars, earthquakes, economic crises,...

UK Risk Management Group Airmic Names Combes as Chair

Jul 20 2021 // The UK risk management association Airmic announced the appointment of Claire Combes as its next chair, effective from Sept. 1, 2021.Combes will succeed Tracey Skinner, Airmic’s current chair who also is...

Broker Ardonagh Opens Data and Risk Management Center in Ireland, Bringing 60 Jobs

Jul 13 2021 // The Ardonagh Group, a top 20 global insurance broker and the UK’s largest independent insurance broker, announced it will open the Ardonagh Global Data and Risk Management Centre this month, bringing 60 new highly...

Propel Insurance Acquires South Carolina’s South Risk Management

Jun 4 2021 // Propel Insurance, a privately-owned insurance agency and portfolio company of Flexpoint Ford, has acquired South Carolina-based South Risk Management (SRM), a construction-focused insurance consulting firm.The acquisition...

Hub International Acquires Canada’s Global Credit Risk Management Inc.

Jun 3 2021 // Hub International Ltd., the Chicago-based insurance broker, announced it has acquired Global Credit Risk Management Inc. (GCRM).Terms of the transaction were not disclosed. With a national presence and offices located in...