Latest Risk Management Headlines
All the headlines from our Risk Management Topic Page, ordered by recency.
Survey: Corporate America Lags Behind in ERM Implementation
Nov 14 2007 // More corporate boards are driving enterprise risk management (ERM), but despite progress, ERM has yet to become embedded in most companies’ day-to-day activities, according to a survey of corporate executives. a...
Looking for Profits at Marsh
Nov 12 2007 // The Marsh & McLennan Companies, or MMC, has seen its once dominant position atop the brokerage world assailed by changing conditions, Eliot Spitzer, more competition and its own internal restructuring. Although MMC...
Catastrophe Modeling Pioneer Clark Advises on Insurers’ Best Practices
Nov 6 2007 // Karen Clark & Co. in Boston has started providing reviews of company internal catastrophe risk assessment and management processes to help companies ensure they have holistic risk management processes that comply with...
Assurex Global, National Alliance Create International Insurance Program
Nov 6 2007 // The National Alliance for Insurance Education & Research and Assurex Global announced they have partnered to create a strategic initiative focused on “Developing and Managing An International Book of Insurance...
State Auto Fills Key Spots in Sales, Development, Risk Management
Nov 5 2007 // The State Auto Insurance Cos. today announced the names of individuals that will fill key positions within the company. One of those named was industry veteran Clyde H. Fitch Jr. who will lead the company’s sales and...
News Currents
Nov 4 2007 // Catastrophic wildfires sweep across Southern California Industry estimates insured losses at more than $1.5 billion and rising Insured losses are continuing to accumulate from Southern California wildfires that burned in...
Edgewood Adds Program Group to Staff
Nov 1 2007 // San Mateo, Calif.-based Edgewood Partners Insurance Center (EPIC) has launched a program group in its new San Ramon office at Bishop Ranch. Seth Madnick, senior vice president, Bonnie Tsutsumi, program director, and...
Risk Modeler Says Repeat of 1987 Windstorm Could Cost $14 Billion
Oct 15 2007 // Risk Management Solutions (RMS) has released an impact study of the potential losses from a windstorm of the force and velocity of the one that hit Southern England and Northern France in 1987, if it occurred today. The...
Hiscox Launches Combined War, Terrorism, Political Violence Cover
Oct 12 2007 // The world is a dangerous place, and sometimes a very confusing one. Specialist insurer Hiscox has met the challenge of trying to separate outbreaks of “war, terrorism and political violence” as they...
Brown & Brown Acquires Professional Risk Managers
Oct 11 2007 // Brown & Brown Inc. announced the asset aquisition of Professional Risk Managers Inc. and PRM Group LLC (collectively the PRM Group) The PRM Group, with annualized revenues of approximately $4.5 million, is primarily...
FERMA Conference Opens in Geneva
Oct 2 2007 // More than 1200 participants assembled Monday morning at Geneva’s International Conference Center for the fifth Forum of the Federation of European Risk Management Associations (FERMA). Delegates were welcomed by...
Certified School Risk Managers Program Launched in Calif.
Oct 2 2007 // The Certified School Risk Managers (CSRM) Program, which originated in Texas in 2005, has expanded into California, with several CSRM courses scheduled in the Los Angeles and San Francisco areas in coming months. The CSRM...
Prospects and pitfalls in a changing global insurance world
Sep 24 2007 // The ‘rest of the world’ offers new opportunities for growth, but not without risk No European City has recently changed as much as Berlin (with the possible exception of Dublin). Since the fall of the wall in...
Prospects and pitfalls in a changing global insurance world
Sep 24 2007 // No European city has recently changed as much as Berlin (with the possible exception of Dublin). Since the fall of the wall in 1989, its 3.4 million residents have experienced an unprecedented building boom, as the German...
Vogler Receives Lance J. Ewing RIMS and CRM Fellowship
Sep 19 2007 // Karen Vogler of Sun Microsystems Inc. in Broomfield, Colo., has been selected as the 2007 recipient of the Lance J. Ewing RIMS and CRM Fellowship, a scholarship awarded each year at the RIMS Annual Conference &...
ABD Adds Three to Risk Management Team in San Diego
Sep 18 2007 // Redwood City, Calif.-based ABD Insurance and Financial Services, a provider of global risk management and employee benefits solutions, has added three professionals to its property and casualty risk management team in San...
S&P Publishes Reinsurance Reports
Sep 10 2007 // Standard & Poor’s Rating Services has issued a series of reports on the global reinsurance industry, timed to appear as the annual Reinsurance Rendezvous opens its doors in Monte Carlo. The meeting, which...
FARA Appoints Higley VP, Sales
Sep 6 2007 // FARA, based in Mandeville, La., announced the appointment of Todd Higley as vice president of sales and marketing. In this position, Higley is responsible for nationwide business development with an emphasis on...
Ure Joins Marsh Risk Strategies Team
Sep 4 2007 // Marsh UK announced that Douglas Ure has been named a Senior Risk Consultant for its Risk Strategies Services team. He is based in Marsh’s London office and will provide advice around risk identification, assessment...
Golf car risk and liability management
Aug 20 2007 // I remember it very clearly. We were playing Superior National Golf Course in Lutsen, Minn., up the scenic North Shore of Lake Superior. We were on a mini-golf vacation that brought us through Duluth, up to Giant’s...
