Latest Risk Management Headlines
All the headlines from our Risk Management Topic Page, ordered by recency.
Despite Rise in Cyber Threats, Businesses Forego Buying Network Liability Coverage
May 3 2011 // Despite the threat of increasing incidents of cyber attacks on businesses worldwide, the vast majority of companies (73 percent) report they do not have network liability policies, according to a new industry survey. The...
Top 10 Risks Facing Business Leaders
May 2 2011 // Economic risk is the greatest threat today’s business leaders face, followed by legislative and regulatory changes and increased competition. Business leaders across the globe also emphasized the need to innovate,...
S&P: No. Am, Bermuda Insurers Enhancing Enterprise Risk Management Efforts
May 2 2011 // In an article published on its web site Standard & Poor’s Ratings Services said it has outlined its “updated enterprise risk management (ERM) opinions for all of its rated North American and Bermudan...
How to Find Cyber Insurance for the Uninsurable
May 2 2011 // The University of California (UC) has redefined the rules of cyber liability insurance, using an approach that the university’s Chief Risk Officer Grace Crickette calls “reverse underwriting.”...
Japan Quake Reveals Cracks in Insurance System
May 2 2011 // Michael Korn, managing principal at Integro Insurance Brokers, is a popular person these days, which is perhaps not too surprising considering he is an insurance broker in earthquake-prone San Francisco. “We’re...
RIMS, Chartis Launch Hall of Fame for Risk Managers
Apr 26 2011 // The Risk and Insurance Management Society (RIMS) and global insurer Chartis have announced the formation of the Risk Management Hall of Fame to honor those who have made significant contributions to advancing the risk...
Arab Political Shocks Demand Risk Rating Rethink
Apr 26 2011 // Attempting to predict the future, rather than imagining possible versions of it, may have blinded risk analysts to the likelihood of this year’s uprisings across the Middle East and North Africa. Concentrating on...
Aspen Risk Management Adds Flute as Sales Rep
Apr 20 2011 // Aspen Risk Management Group has added Al Flute as a sales and service representative in San Diego. Flute has a diverse safety and health background working for The Zenith and Nationwide. His responsibilities included...
Lockton Launches Risk Management Tool to Address Uninsurable Risks
Apr 19 2011 // Lockton is launching a package of risk management solutions called Enterprise Disruption Contingency Insurance designed to help companies cope with previously “uninsurable” risks. Lockton’s Enterprise...
Insurance Council of Texas Scholarships Have Honored 201 Students
Apr 15 2011 // More than 200 students in Texas have benefited from scholarships provided by the insurance industry since 2002, the Insurance Council of Texas (ICT) Education Foundation announced. The group has awarded academic...
Utica National Promotes Aquino to Regional Risk Management Post
Apr 14 2011 // Mark A. Aquino has been promoted to regional manager in the risk management department at the Utica National Insurance Group’s office in Utica, New York. Aquino is is responsible for managing the company’s risk...
Safety Observations Module Rounds Out Succeed Management Solutions’ Behavior-Based Safety Program
Apr 13 2011 // Succeed expands its online Risk Management Platform. Wilsonville, OR, April 13, 2011- Succeed Management Solutions, LLC has announced the completion of its Safety Observations module. Safety Observations is just one...
A.J. Gallagher Risk Management Services Adds 2 in Louisiana
Apr 11 2011 // Arthur J. Gallagher Risk Management Services announced that it has added to its sales teams in the firm’s Baton Rouge and Lake Charles offices. In Baton Rouge, the company added Robert Johnston as a sales executive....
Japan Quake Reveals Cracks in Insurance System – Part I
Apr 5 2011 // Michael Korn is a popular person these days, which is perhaps not too surprising considering what he does for a living and where he lives. Korn is an insurance broker in earthquake-prone San Francisco. “We’re...
How to Find Cyber Insurance for the Uninsurable
Apr 4 2011 // The University of California (UC) has redefined the rules of cyber liability insurance, using an approach that the University’s Chief Risk Officer Grace Crickette calls “reverse underwriting.”...
People
Apr 4 2011 // Novato, Calif.-based Fireman’s Fund Insurance Co. added Christian Kortebein as senior vice president and chief actuary. He will report to the chief financial officer and be responsible for setting direction and...
Shake-Up at AIG’s Chartis; Moor Out, Hancock In as CEO
Mar 31 2011 // American International Group, Inc. (AIG) today announced a reorganization of Chartis, its global property/casualty business, and named a new management team, including a new chief executive officer, Peter D. Hancock,...
Cavignac & Associates Names Fernandez Director of Loss Control
Mar 11 2011 // Rafael Fernandez has been named director of loss control and claims for Cavignac & Associates, a San Diego-based risk management and insurance brokerage firm. In his new post, Fernandez is responsible for evaluating...
Intercare Specialty Risk Insurance Mergers with PRM Insurance
Mar 9 2011 // Rocklin, Calif.-based Intercare Specialty Risk Insurance Services Inc. and PRM Insurance Services Inc. have inked a contractual agreement for the companies to work together under the management of newly formed Phoenix Risk...
MDS Holdings Launches HERCO Portugal
Mar 8 2011 // MDS Holdings, the fast growing Iberian and Latin American insurance broking group, has launched HERCO Portugal as part of its initiative to expand its international risk management practice. HERCO was first established in...
