Latest Risk Management Headlines

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

Bayer Unveils New Roundup Risk Management Plan After $2B Proposal Fails

May 27 2021 // Bayer said today it will initiate a series of actions to address potential future litigation over its Roundup weedkiller product following the rejection of its $2 billion Roundup class settlement yesterday by a U.S....

Element Risk Management Acquires Pennsylvania’s Smith Insurance

May 20 2021 // Element Risk Management has acquired Smith Insurance with locations in Hershey and Williamstown, Pennsylvania. Smith Insurance was founded as a small insurance agency by James J. Smith in 1933. The agency was bought by...

RMS Builds on Its Risk Modeler Cloud-Based Application

May 11 2021 // Business Benefits of Risk Modeler Driving Customer Adoption; Insurers, Reinsurers, and Brokers from Every Major Global Region Have Adopted Risk ModelerNewark, Calif., May 11, 2021 – At its annual Exceedance conference...

University of Hartford Wins 2021 Spencer-RIMS Risk Management Challenge

Apr 30 2021 // During the RIMS LIVE 2021 Virtual Conference finale, RIMS CEO Mary Roth and RIMS President Ellen Dunkin announced the University of Hartford student team as the winner of the 2021 Spencer-RIMS Risk Management...

Businesses Turned to Risk Management Technology More During Pandemic

Apr 21 2021 // Driven by the COVID-19 pandemic, businesses and public entities increased their reliance on risk management technologies, as vendors expanded their offerings to meet their needs.A survey of 1,100 risk professionals found...

Cannabis Risk Management Group Rolls Out Coverages Through Captive

Apr 20 2021 // A cannabis risk management group through its captive is rolling property, general premises liability and product liability coverage to cannabis dispensaries and associated grow facilities.The National Cannabis Risk...

Zywave Acquires Risk Management Solutions Provider, Enquiron

Apr 16 2021 // Insurance technology provider Zywave announced the acquisition of Enquiron, the Boston-based provider of risk management and consultative business solutions.Financial details of the acquisition were not disclosed. Founded...

NY’s Cyber Guidance Could Boost Risk Management for Insurers, Insureds Across U.S.

Apr 5 2021 // The Cyber Insurance Risk Framework, launched recently by the New York State Department of Financial Services, is a positive step for both insurers and insureds because it calls on insurers to consider more explicitly how...

Element Risk Management Acquires Henderson Insurance, Our Legacy Insurance

Mar 26 2021 // Element Risk Management has acquired Henderson Insurance of Harrisburg, Pennsylvania, and Our Legacy Insurance of Front Royal, Virginia.Henderson Insurance, founded by Jim Henderson in 1978, has served the central...

SEC Starting to Inquire About Risk Management of Blank Check IPOs: Reuters

Mar 25 2021 // The U.S. securities regulator has opened an inquiry into Wall Street’s blank check acquisition frenzy and is seeking information on how underwriters are managing the risks involved, said four people with direct...

Arthur J. Gallagher Acquires R&R Benefits/Risk Management in Indiana

Mar 24 2021 // Global insurance brokerage, risk management and consulting services firm, Arthur J. Gallagher & Co., has acquired South Bend, Indiana-based R&R Benefits/Risk Management LLC.Terms of the transaction were not...

Managing Risk by Training Restaurant Employees

Mar 22 2021 // Restaurants are risky businesses. They take more cash than you would think. They take more time than you want to invest and have more problems than anyone wants to deal with.Many restaurants struggle with keeping...

IICF Gala Went on Despite Pandemic, USC Risk Management Program Honored

Mar 19 2021 // More than 200 guests joined the Insurance Industry Charitable Foundation Western Division for the virtual Horizon Award Gala on Thursday.Due to the pandemic, this year’s IICF gala, an event that often requires...

Risk Management (or Lack Thereof) and Texas’ Deep Freeze Energy Failures

Feb 25 2021 // While renewable energy sources such as wind turbines and solar panels fuel a fraction of the state’s energy grid, the bulk of Texas’ power is supplied by natural gas, coal and nuclear plants, with natural gas...

OneDigital Acquires Missouri’s HM Employee Benefits and Risk Management

Feb 11 2021 // OneDigital has acquired HM Employee Benefits and Risk Management (HM), located in St. Louis, Missouri.This acquisition is the first to integrate property/casualty (P/C) into OneDigital’s suite of health, retirement...

New Cowbell Cyber Partner Program Connects Insureds with Risk Management Services

Feb 9 2021 // Cowbell Cyber, an AI-powered cyber insurance provider for small to mid-sized businesses (SMBs), has launched Cowbell Connect, its partner program which offers policyholders with risk management services to address and...

The Private Risk Management Association Forms New Chapter in Pennsylvania

Feb 1 2021 // The Private Risk Management Association (PRMA), a nonprofit educational organization for risk management professionals in the insurance industry, has formed its newest chapter in Philadelphia, Pennsylvania.PRMA chapters...

Willis Towers Watson Launches Suite of Cyber Risk Management Assessments

Jan 12 2021 // Insurance broker Willis Towers Watson has introduced two new cyber risk assessment services – the Workforce Cyber Culture Assessment (WCCA) and the Ransomware Risk Assessment (RRA)Willis Towers Watson describes the WCCA...

One Catastrophic Failure to Manage Risks

Jan 8 2021 // Wednesday, January 6, 2021, was a historic day in the US.It could have been historic because the US Congress was voting to certify an election. That happens every four years. Most of the time, it’s with little...

New AAIS Fire Risk Model Approved by Florida Regulator

Dec 23 2020 // Insurance advisory organization AAIS (American Association of Insurance Services) has received approval from the Florida Office of Insurance Regulation for its new predictive model. The AAIS Fire Loss and Mitigation...