Latest Risk Management Headlines
All the headlines from our Risk Management Topic Page, ordered by recency.
Today’s Insurance Agency E&O Costs, Coverage and Claims
Jan 10 2017 // Independent agency owners spend their entire careers worrying about the risks and exposures of others. Managing the risks of their own agencies can take a backseat to helping their clients. While agents appreciate the...
Maryland’s PSA Insurance Hires Volk to Lead Cyber Risk Management Practice
Jan 4 2017 // With cyber attacks at an all-time high, PSA Insurance & Financial Services (PSA), a Baltimore, Md., headquartered independent firm specializing in risk management, personal insurance and employee benefits, has added an...
PotashCorp’s Seaman Takes Helm as 2017 RIMS President
Jan 3 2017 // The risk management society RIMS announced that Nowell R. Seaman will lead the group as president for the 2017 term, effective January 1. Seaman is the director of Global Risk Management for Potash Corporation of...
Top 12 Insurance Trends and News Stories of 2016: Countdown
Dec 27 2016 // In the year 2016, as in past years, there were the familiar or continuing stories including reinsurers still wishing and hoping for a hardening market; property/casualty insurance carriers reporting financial results...
Risk Strategies Acquires Advanced Insurance Underwriters in Florida
Dec 27 2016 // Risk Strategies Company, a privately held, national insurance brokerage and risk management firm, has acquired business insurance specialist Advanced Insurance Underwriters (AIU), headquartered in Hollywood, Fla. Terms of...
Alliant Hires Bothwell in Massachusetts to Expand Its Energy and Marine Group
Dec 21 2016 // Newport Beach, Calif., headquartered insurance broker Alliant has hired Robert J. Bothwell as executive vice president based in Boston, Mass. In this role, Bothwell will provide targeted risk management and insurance...
LP Insurance in Nevada Names Banes Shareholder, Director of Risk Management
Dec 9 2016 // Reno, Nev.-based LP Insurance Services Inc. has named Jared Banes a shareholder and director of risk management. Banes will also continue as a sales executive at LP Insurance, a role he’s held since 2013. He will...
China’s Insurers Have Major Risk Management Deficiencies, Warns Regulator
Dec 5 2016 // Chinese insurance firms have significant risk management deficiencies, as they overly focus on asset management for profits and growth, a senior official at China’s insurance watchdog said on Saturday. Vice chairman...
What Executives Need to Know About Managing D&O Liabilities: Allianz Report
Dec 2 2016 // Company directors and senior managers across the globe are increasingly likely to face costly regulatory investigations, criminal prosecutions or civil litigation, which not only put their company’s assets, and their...
How to Bring Coastal Community Stakeholders into Disaster Planning
Nov 30 2016 // Recognizing that coastal storms can cause surges, sea-level rise and cyclone winds that devastate communities, emergency management experts in a new study have detailed a method for involving local stakeholders in planning...
Most Organizations Not Adequately Prepared for Cyber Attacks: Marsh & McLennan Cyber Handbook
Nov 30 2016 // No company is fully secure from cyber breaches, no matter how sophisticated its cyber defense mechanisms, which is why every company should develop a cyber risk management strategy, according Marsh & McLennan’s...
Capitalizing on the Health Clinic Marketplace
Nov 21 2016 // The increasing number of health clinics across the nation constitutes a new trend in today’s healthcare system. With urgent care centers opening around the country, the number of clinics is expected to hit...
Cyber, Risk Management & Claims for Accountants’ Liability
Nov 7 2016 // The environment for accountants’ professional liability (APL) insurance programs continues the trend of the past few years of both expansions in coverage and risk management with many programs. The market is also...
Cyber Insurance Purchasing Slowing After 6 Years of Fast Growth
Nov 1 2016 // The overall upward trend of organizations purchasing cyber insurance continued in 2016, however there are signs the market is slowing after six years of rapid growth. A 2016 Zurich Insurance-Advisen survey shows that over...
More Insurers Disclosing Climate Change Risks, Report Shows
Oct 20 2016 // Insurers in the U.S. are increasingly willing to disclose their risk management practices related to climate change, and that in part may be attributable to last year’s global accord in Paris and shifting attitudes...
Lockton Expands Energy, Marine Risk Management Team in Houston
Oct 10 2016 // Lockton has named six executives in Houston to key roles in its expanding Energy and Marine risk management practice. Tim Woodard will serve as senior vice president and director of Energy and Marine. He has been with...
Jason Cohen
Oct 3 2016 // Cincinnati, Ohio-based Great American Insurance Group promoted Jason M. Cohen to divisional president of Strategic Comp, succeeding Stephen Rosenthal, who will retire at the end of 2016. Cohen joined Great American in 2006...
ESIS Launches Life Sciences, Real Estate, and Staffing Industry Practices
Sep 30 2016 // ESIS, Inc., Chubb’s risk management products division, has launched three new industry practices for life sciences, real estate and hospitality, and staffing firms. According to Keith Higdon, senior vice president,...
Aspen Risk Management Enters Renewal Agreement with Liberty Specialty Markets
Sep 22 2016 // Aspen Risk Management Ltd. (ARML), the regional UK property and casualty business of Aspen Insurance, has entered into a renewal rights agreement with Liberty Specialty Markets (LSM), which is part of Liberty Mutual...
CNA Appoints Chubb’s Hernandez to Commercial Risk Control Post
Sep 21 2016 // CNA has named Steve Hernandez as senior vice president, Commercial Risk Control. Hernandez succeeds Bill Boyd who announced his retirement earlier this year after 12 years of service at CNA and a 38-year career in the...
