Latest Risk Management Headlines

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

2009 P/C Insurance Mergers, Acquisitions Large and Small

Dec 20 2009 // Large insurers AIG, Farmers and The Hartford made moves in 2009, as did large brokers Marsh, Aon, Willis, Gallagher, Brown & Brown, Hub and Wells Fargo. So, too, did, many regional insurers and Main Street agencies....

PartnerRe Appoints Carre Group Risk Management Director

Dec 16 2009 // Bermuda-based PartnerRe Ltd. announced that Jérôme Carré, currently Chief Risk Officer for PARIS RE, has been appointed as PartnerRe Group Risk Management Director, effective January 1, 2010. He will...

Norway’s Risk Management Association Becomes 20th FERMA Member

Dec 15 2009 // The Norwegian Risk Management Association (NORIMA) has been accepted as a member of the Federation of European Risk Management Associations (FERMA), bringing the total to 20 associations from 18. Risk management...

Karen Clark Launches New Catastrophe Management Service

Dec 9 2009 // Karen Clark & Company, independent experts in catastrophe risk, catastrophe models, and catastrophe risk management, has introduced a new service, Thinking Outside the Black Box Catastrophe Management Operational...

W.R. Berkley Names James Senior VP of Enterprise Risk Management

Dec 3 2009 // Greenwich, Conn.-based insurance holding company W.R. Berkley Corp. has appointed Gillian James to the newly created office of senior vice president for enterprise risk management. Her duties will include analyzing,...

Beecher Carlson Appoints Kearns as SVP, National Energy Practice

Dec 2 2009 // Beecher Carlson has expanded its National Energy practice with the appointment of Jacklyn Kearns as senior vice President. Kearns brings 28 years of insurance and risk management experience to Beecher Carlson with deep...

Dean Appointed to Insurance, Risk Management Advisory Board at U. of H.-Downtown

Dec 1 2009 // The University of Houston-Downtown (UHD) has appointed Bob Dean, president and chief executive officer of Dean & Draper Insurance Agency LP, to vice chair of the advisory board for UHD’s new Insurance and Risk...

Customer & Credit Risks top Agendas for European Business, Says Marsh

Nov 24 2009 // New research, conducted by Marsh, has found that senior executives in Europe’s leading organizations are most concerned about customer-related risks and access to credit, as they plan their recovery from the global...

Chubb Encourages Chinese Firms to Adopt Risk Management Practices

Nov 18 2009 // Chubb Group recently co-hosted a seminar near Shanghai, which focused on the “increasing number of Chinese exports exposed to product liability claims and litigation in the United States and Europe.” As a...

People

Nov 1 2009 // Eagan Insurance Agency, based in Metairie, La., has added six insurance professionals to its staff. Joining the family business are Andrew Eagan and David Strassel, both members of the fifth generation of the Eagan family...

Agents’ E&O Marked By Stability, Satisfaction

Nov 1 2009 // As Agency Revenues Fell, At Least E&O Previums Didn’t Rise Independent insurance agents have had plenty to fret about the past year, including falling revenues. Thus stability in the market and pricing for their...

How the Economy Is Altering Architect/Engineering Insurance Buying

Nov 1 2009 // Architects and engineering (A/E) firms, construction professionals and the insurance carriers that serve them are facing unique challenges in this turbulent economic environment. SmartRisk surveyed professional liability...

S&P ‘Refining and Adapting’ Insurers ERM ‘Adequate’ Assessments

Oct 21 2009 // Standard & Poor’s Rating Services is refining and adapting its methodology for assessing insurance companies’ enterprise risk management (ERM), as set out in a recently published article, “Expanded...

Risk Managers Call for Insurance Broker Compensation Disclosure

Oct 14 2009 // In a report released today, The Risk and Insurance Management Society Inc. (RIMS) is calling for complete disclosure of revenue streams from placing insurance products. The push for transparency outlined in the report is...

FERMA Welcomes 1100 to Prague Risk Management Conference

Oct 6 2009 // The Federation of European Risk Management Associations convened its bi-annual conference in Prague, the capital of the Czech Republic, on Monday, welcoming some 1100 attendees, and two new members. Newly installed...

People

Oct 5 2009 // Jim Newberry, assistant vice president and risk control manager of Island Insurance in Honolulu, has received the Risk Management/Insurance Practice Specialty Safety Professional of the Year Award. The award is from the...

Aon Finds European Risk Managers Underestimate Environmental Risk

Sep 28 2009 // Aon’s Global Risk Management Survey 2009 has found that “environmental risk ranked lower as a concern in Europe than any other region – despite the introduction of the EU Environmental Liability Directive...

Matheessen Named Underwriting Head at ACE’s Energy Risk Unit

Sep 16 2009 // Philadelphia-based ACE USA has appointed Keith Mattheessen as senior vice president and chief underwriting officer of the ACE Risk Management Energy Underwriting Unit. This new unit within ACE Risk Management provides a...

Hawaii’s Newberry Earns Risk Management Award

Sep 11 2009 // Jim Newberry, assistant vice president and risk control manager of Island Insurance in Honolulu, has received the Risk Management/Insurance Practice Specialty Safety Professional of the Year Award. The award is from the...

People

Sep 7 2009 // Texas-based Specialty Insurance Managers Inc. appointed several new vice presidents. Karen Ashton was named vice president of the Arlington, Texas, branch. Bonnie Stalkfleet is now vice president of the Granbury branch....