Latest Risk Management Headlines
All the headlines from our Risk Management Topic Page, ordered by recency.
U.S. Targets Crop Insurers’ Profits
Apr 29 2010 // The federal government wants to save taxpayers billions of dollars by reducing spending on crop insurance after years of big profits by insurers, but the industry claims the reductions could hurt rural areas. The U.S....
Clark Awarded Lance Ewing CRM Scholarship
Apr 27 2010 // The National Alliance for Insurance Education & Research has awarded Valerie Clark, senior director or risk management at Quiznos with a Lance Ewing Scholarship. The scholarship is for attendance at any course offered...
Willis Urges Risk Managers to Fight Against Contingent Commissions
Apr 27 2010 // Global insurance broker Willis Group Holdings, which has vowed to not accept contingent commissions, is urging risk managers to insist that all brokers they do business with also drop the controversial revenue...
FERMA Comments on EU’s New Block Exemption Regulations
Apr 26 2010 // The Federation of European Risk Management Associations has welcomed the adoption of the new European Union insurance block exemption regulation (BER) by the European Commission with reservations. “The entry into...
People
Apr 19 2010 // McQueary Henry Bowles Troy LLP (MHBT), recently named Fred Pecina and Jeremy Sandusky partners in the agency. Pecina is based in the firm’s Ft. Worth office, and Sandusky works in MHBT’s Dallas office. Pecina,...
Risk Managers Continue to Report Soft Market Pricing
Apr 15 2010 // Seven years and running, the soft market shows few signs of loosening its grip on commercial insurance pricing, according to a new industry study. Average premiums in every line tracked by the RIMS Benchmark Survey, fell...
Zanoni Joins Arthur J. Gallagher Risk Management Services
Apr 9 2010 // Itasca, Ill.-based Arthur J. Gallagher Risk Management Services Inc. (AJGRMS), the retail property/casualty (P/C) insurance brokerage division of Arthur J. Gallagher & Co. (Gallagher), has hired William Zanoni as a...
People
Apr 5 2010 // New York-based USI Holdings Corp. has named Sandra Usleman, former president of USI’s Austin, Texas, operating company in the Southwest region, as senior vice president and chief sales officer. Other changes in...
ACE Appoints Capparelli in Midwest, Zelickman in Northeast
Apr 2 2010 // ACE USA, the U.S.-based retail operating division of the ACE Group, announced executive appointments in its large-risk division, ACE Risk Management. Lou Capparelli has been appointed senior vice president and branch...
Marsh Warns New UAE Risk Mgmt. Rules to Impact Financial Sector
Apr 1 2010 // A bulletin from Marsh’s London office warns that “firms in the United Arab Emirates (UAE) could fall foul of new corporate governance rules and corporate discipline regulations unless they adopt a more systemic...
FERMA Survey Polls Commercial Buyers for Feedback to Insurers
Apr 1 2010 // The Federation of European Risk Management Associations (FERMA) announced that it is presently conducting, “a wide-ranging, risk management benchmarking survey,” aimed at compiling data to let insurers know...
Travelers Construction Develops Product for Tile Contractors
Mar 29 2010 // Travelers Construction Insurance has developed a new IndustryEdge product for tile contractors to help manage the need for additional insurance coverage and related services. The new IndustryEdge products include insurance...
Zurich Launches Risk Management Tool for Technology Companies
Mar 25 2010 // Zurich has launched Zurich Enterprise Risk Management (ERM) HealthCheck Tool to help provide mid-size to large technology companies with a realistic check of their current ERM preparedness. ERM can help to uncover and...
RMS to Collaborate with Asia Capital Re to Enhance Asian Cat Models
Mar 24 2010 // Risk Management Solutions announced that it has reached an agreement with Asia Capital Reinsurance Group (ACR) that they will work together to “develop catastrophe risk models enabling ACR to apply the models of...
Innovative Use of Insurance Tools in Disaster Risk Management for Sustainable Development
Mar 22 2010 // The devastating effects of Hurricane Ivan in the summer of 2004, when it crossed the Caribbean Sea causing major damage in Grenada, Jamaica and the Cayman Islands, produced one good thing. The Caribbean Community and...
8 New Markets in Response to Current Trends
Mar 22 2010 // Insurance Companies Generate New Programs to Bring in Additional Premium The last few years of the soft market have forced many carriers and agencies to get creative when it comes to bringing in additional premium. This...
Economy Raises Risk Management Stakes for Architects, Engineers
Mar 22 2010 // Risk management is a topic of concern for many types of professionals, none more so than those involved in the building trades. “Unfortunately, the stakes are raised in tough economic times,” said attorney Jay...
UK Risk Managers Warn of Harm to Business in New Solvency II Proposals
Mar 22 2010 // The Solvency II reforms, as currently proposed, “would reduce the amount of insurance capacity available to UK businesses and put up the cost of cover,” according to the UK’s AIRMIC (the Association of...
Marsh: Environmental Liability Concerns Top Risk Management Agenda
Mar 19 2010 // “The heightened environmental liabilities created by recent European Union (EU) and UK environmental legislation were among the top risk management concerns raised by delegates at this week’s Base conference in...
CCRIF Considering Need to Expand Coverages after Haiti Quake
Mar 17 2010 // A bulletin from the Caribbean Catastrophe Risk Insurance Facility (CCRIF) indicates that many of its member countries “are re-examining their preparedness for natural catastrophes, including their levels of coverage...
