Latest Risk Management Headlines

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

Selective Insurance Launches Agency Management Collegiate Competition

Feb 3 2020 // Teams of students from seven universities throughout the U.S. today begin a month-long collegiate competition in which they will run virtual insurance agencies in a computer-simulated environment. The competition, called...

Major Cyber Attacks of 2019 Seen via Infographic from Cyber Risk Modeling Firm Kovrr

Jan 23 2020 // With the number of cyber attacks on the rise, it’s natural to think that this increase of cyber attacks is due to new actors and technological developments, said Yakir Golan, the CEO of Kovrr, the Tel Aviv-based...

Aspen Risk Management Group in California Acquired by TRISTAR

Jan 15 2020 // TRISTAR Insurance Group Inc. has agreed to acquire San Diego, Calif.-based Aspen Risk Management Group. Terms of the deal were not disclosed. All Aspen employees will continue operating out of the existing locations under...

Nonprofit Opening Flood Risk Model to Researchers and Public

Jan 14 2020 // A nonprofit flood risk research organization is offering the first publicly available flood risk model that predicts the probability of flooding for homes and properties across the United States. Brooklyn, N.Y.-based First...

Gallagher Buys 60% Stake in Caribbean-Based Broker, Risk Management Services Ltd.

Jan 13 2020 // Arthur J. Gallagher & Co., the Rolling Meadows, Ill.-based broker, announced it has acquired a 60% interest in Caribbean insurance broker Risk Management Services Ltd. (RMS). Terms of the transaction were not...

Big I Education Director Boggs Takes on Expanded Role in Risk Management

Jan 8 2020 // Chris Boggs, executive director of education for the Independent Insurance Agents and Brokers of America (Big I), is adding risk management to his title and responsibilities. Boggs’s new role combines his current...

Airbnb Insurance Leader Langone Becomes RIMS President for 2020

Jan 2 2020 // The risk management society, RIMS, announced that Laura Langone, head of Insurance Operations at Airbnb, Inc., will lead the association as president for the 2020 term. As president, Langone is succeeding Gloria Brosius,...

New Hampshire’s Optisure Risk Partners Hires Five

Jan 2 2020 // Optisure Risk Partners has hired five individuals as the company continues its growth trajectory. Three new producers joined the organization: Heather Galloway Heather Galloway joined Optisure as a sales executive and...

New Years Eve – Some Risk Management Thoughts

Jan 1 2020 // On this first day of the year, I think it’s time to introduce a new seasonal them; the holiday risk management edition. Last night, people celebrated the New Year in all of the traditional ways. One of those...

POWERS Insurance & Risk Management Adds Pallarito as Personal Lines Manager

Dec 31 2019 // St. Louis, Missouri-based POWERS Insurance & Risk Management has hired Kathy Pallarito as a personal lines manager. Pallarito has over 25 years of sales, customer service, and marketing experience in the insurance...

Underwriters and Insureds Taking Harder Look at Commercial Property Risks

Dec 24 2019 // Commercial property underwriters are adjusting to a market defined by rising catastrophe losses and dwindling profits. From increasing rates and higher deductibles to fewer classes of business and stricter underwriting,...

AXA XL, Slice Labs, Microsoft to Offer Cyber Risk Management Tools

Dec 23 2019 // AXA XL, the p&c and Specialty Risk Division of global insurer AXA, Slice Labs Inc. (Slice), an on-demand insurer of cloud technology, and Microsoft will work together to help improve cyber health and mitigate risks for...

A Few Holiday Risk Management Tips

Dec 18 2019 // This is a note to wish you a Happy Holidays. Before you think I’m backing away from my own personal love for and celebration of Christmas, let me list a few holidays (according to holidayinsights.com) that I hope...

Cannabis Risk Management Group Plans to Offer Insurance Program

Dec 17 2019 // A national group offering risk management advice to the cannabis industry says it is creating a casualty insurance program to provide its members with insurance. The National Cannabis Risk Management Association (NCRMA)...

Worldwide Facilities Acquires Risk Management Advisory Group of Florida

Dec 6 2019 // Worldwide Facilities, LLC, a national wholesale insurance brokerage, managing general agency and program manager, has acquired Risk Management Advisory Group (RMAG), a managing wholesale broker based in Miami Lakes, Fla.,...

Michigan State, AF Group Partner on Master’s Certificate in Quantitative Risk Analytics

Dec 2 2019 // Lansing, Mich.-based AF Group and Michigan State University (MSU) Department of Statistics and Probability have teamed up to offer a master’s-level certificate in Quantitative Risk Analytics exclusively to AF Group...

Thanksgiving Risk Management Alert: Don’t Wash That Turkey!

Nov 27 2019 // Go ahead and rinse your cranberries, potatoes and green beans. But food say experts say don’t — repeat don’t — wash the turkey before popping it in the oven on Thanksgiving Day. They say that could spread...

Financial Institutions Offering from Hanover Targets Asset Managers, Depositories

Nov 18 2019 // The Hanover Insurance Group has launched Hanover Financial Institutions Advantage, a new offering that provides small to mid-sized asset managers and depository institutions with coordinated property, casualty, management...

How to Bring in Young People to Insurance

Nov 18 2019 // The workforce is faced with a generation gap. Baby boomers are retiring at the rate of 10,000 per day. Generation X and millennials each have a smaller pool of people than baby boomers. Generation Z is now the largest...

Introducing School of Risk Management and Insurance at Cal State University Fullerton

Nov 13 2019 // What’s in a name? In one case, a new name – one with all the sex appeal that “insurance” can add to a title – has people like Framroze Virjee, president of California State University Fullerton,...