Latest Risk Management Headlines
All the headlines from our Risk Management Topic Page, ordered by recency.
New Verisk Unit to Serve Energy Sector Insurance, Risk Management
Sep 19 2016 // Verisk Insurance Solutions has launched a new energy insurance unit focused on risk assessment, rating, and risk modeling for the oil and gas, petrochemicals, power generation, and metals and mining industries. To develop...
AIR Worldwide Expands Global Terrorism Risk Model
Sep 19 2016 // Catastrophe risk modeler AIR Worldwide has expanded the capabilities of its terrorism risk model to support scenario testing for the United States and 27 other countries to help companies assess the impact of different...
Super Typhoon Meranti Batters Taiwan: Risk Modelers AIR, RMS Assess Impact
Sep 15 2016 // Super Typhoon Meranti delivered very strong wind, high storm surge, and flooding precipitation to southern Taiwan as it passed through Luzon Strait near noon local time Wednesday. According to catastrophe modeling firm AIR...
Hanover Stone Partners Adds 3 to Midwest Risk Management Team
Sep 9 2016 // Risk management services firm Hanover Stone Partners has appointed Katherine Smith Dedrick, William M. Goddard, and David A. Seibert as senior risk advisors in the Central United States. Based in Chicago, Dedrick is an...
In Flood Risk Modeling, Resolution Matters – Even When You Think It Shouldn’t
Sep 7 2016 // This post is part of a series sponsored by CoreLogic. We have all seen the dramatic pictures of destruction and loss after a devastating flood event. Usually, the scene is depicted as a sea of water inundating broad areas...
EPIC adds Williford to National Energy Construction Practice in Alabama
Aug 24 2016 // EPIC Insurance Brokers and Consultants, a retail property, casualty insurance brokerage and employee benefits consultant, has added risk management and insurance professional Jim Williford to the firm’s National...
Reinsurers’ Strong Enterprise Risk Management Key to Success – and Survival: S&P
Aug 22 2016 // The reinsurance sector’s focus on strong enterprise risk management (ERM) frameworks is helping them weather the many headwinds hitting both the asset and liability sides of their balance sheets, according to a...
Hanover Stone Partners to Offer Vendor Risk Management Program for Commercial Entities
Aug 12 2016 // Hanover Stone Partners, a risk management services firm, and accounting and advisory firm Baker Tilly Virchow Krause, LLP, have partnered on a vendor risk management services to help businesses and other commercial...
Maryland-Based Schinnerer Appoints Castillo to Director of Risk Management
Aug 10 2016 // Victor O. Schinnerer & Company Inc., has hired Yvonne Castillo as the director of its risk management division. She will be based in the firm’s Chevy Chase, Md., headquarters and will report to Jill Tellaz, the...
Good Risk Management Is Just Good Business: Steel, Former CRO of AXIS Capital
Aug 5 2016 // Companies originally created the role of the chief risk officer because they “recognized that good risk management is really good business,” according to Michael Steel, former CRO at AXIS Capital. The role of...
Element Risk Management Acquires Singleton Insurance in Pennsylvania
Aug 2 2016 // West Chester, Pennsylvania-based insurance agency Element Risk Management has finalized the acquisition of Singleton Insurance in Ickesburg, Pennsylvania. Terms were not disclosed. The acquisition expands Element...
AIG’s Jones Named COO at TDC Risk Management
Jul 25 2016 // High net worth personal insurance firm TDC Risk Management (TDC), based in Maumee, Ohio, has hired Greg Jones as chief operating officer. Jones joins the closely held firm in support of its continued strong growth and...
Risk Managers Fear Cyber and Liability Risks of Autonomous Vehicles: Survey
Jul 20 2016 // Cybersecurity is the biggest concern for companies evaluating risk in the nascent self-driving vehicle industry, according to a survey conducted by Munich Re. The world’s second-biggest reinsurer found that 55...
American Integrity in Florida Hires Hendrickson as SVP of Risk Management
Jul 20 2016 // American Integrity Insurance has hired Gloria Hendrickson as senior vice president of Risk Management. In her role as senior vice president of Risk Management, Hendrickson will assume responsibility for risk management...
Mid-Market Firms Fall Short on Natural Catastrophe Risk Management: Assurex Global
Jul 18 2016 // Middle market businesses in all parts of the world view their exposures to natural catastrophes as increasing but some fall short when managing these risks effectively, according to a new survey of senior executives at...
Florida Agents Putting New Law to Work to Attract Millennials to Insurance Careers
Jul 11 2016 // Florida insurance agents are trying to bolster the industry’s track record in attracting college graduates by employing a new state law that aligns college courses with the state’s licensing requirements. The...
Statistical Models for Zika Risk Management
Jul 11 2016 // The Pan American Health Organization first confirmed Zika virus infections in Brazil in May 2015. It took nine months for the World Health Organization (WHO) to declare an international public health emergency. It was then...
Audit Finds State Insurance Program Privatization Saved Louisiana $10M
Jun 29 2016 // Former Gov. Bobby Jindal’s privatization of claims processing and loss prevention services for Louisiana’s self-insurance program saved the state money, though less than projected, according to an audit...
Study: Economic Costs of Pandemic in U.S. Could Be $34-45 Billion
Jun 29 2016 // A pandemic influenza outbreak in the United States could have economic costs nearly double the total amounts experts have previously calculated, depending on how the public, government and businesses respond to an...
CAMICO to Offer Enhanced Coverage for CPA Firms Through New Berkley Company
Jun 17 2016 // CAMICO, a CPA-directed program of insurance and risk management for the accounting profession, and Berkley Alliance Managers (BAM), a W. R. Berkley Company, have announced new insurance policies with enhanced coverage....
