Latest Risk Management Headlines

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

Transportation Risk Management Adds Lord to National Sales Department

Apr 10 2007 // John D. Lord has joined Transport Risk Management Inc. in the National Sales and Production Department based in Conifer, Colo. He is a 14-year veteran in the insurance business, having spent 10 years in the aviation...

Industry Reports Progress on Terrorism Risk Modeling But Challenges Remain

Apr 5 2007 // Sophisticated catastrophe models are greatly aiding commercial insurance actuaries in establishing underwriting and pricing guidelines for terrorist attacks, according to industry experts at this week’s Casualty...

More than just business

Mar 26 2007 // Insuring child welfare organizations offers opportunities, rewards and good business After spending most of her childhood and adolescent years growing up in foster care agencies, Rhonda Sciortino, a California independent...

More than just business

Mar 26 2007 // After spending most of her childhood and adolescent years growing up in foster care agencies, Rhonda Sciortino, a California independent insurance agent, felt she had to give back in the best way she knew how. In 1989,...

Marsh Comments on UK’s ‘More Focused Business Management’

Mar 23 2007 // According to a bulletin from Marsh’s London office, “businesses in the UK’s financial services sector are moving away from a compliance led approach toward operational risk, adopting instead more focused...

RISK MANAGEMENT A HIGHER PRIORITY FOR GOVERNMENT ENTITIES

Mar 12 2007 // Fairfax, Va.-based Public Entity Risk Institute (PERI), a nonprofit risk management training and educational organization, says that risk management operations within government entities have gained a heightened importance...

Industry needs to leverage enterprise risk management, study says

Mar 12 2007 // Property/casualty insurance companies need to do a better job of implementing enterprise risk management, according to a recent study by Ernst and Young LLP. In its recent quarterly outlook addressing key trends and issues...

News Briefs

Mar 12 2007 // Risk management a higher priority for government entities Fairfax, Va.-based Public Entity Risk Institute (PERI), a nonprofit risk management training and educational organization, says that risk management operations...

S&P Reports Japanese Insurers Facing Increasing Scrutiny

Feb 23 2007 // Standard & Poor’s Ratings Services said in a new report that the risk management practices and internal control policies of Japan’s insurers are coming under increasing scrutiny following a series of...

Professional Underwriters Adds Mesure as Senior Risk Control Consultant

Feb 9 2007 // William Mesure has joined Professional Underwriters in Exton, Pa. as senior risk control consultant. Mesure is charged with regularly consulting with clients to reduce risks, helping employers respond to employee concerns,...

Darwin Adds Managed Care E&O Risk Management Program

Feb 5 2007 // Darwin Professional Underwriters Inc. has established a comprehensive risk management and loss control program for its managed care errors and omissions (E&O) liability policyholders at no additional cost. The...

ACE Europe Global Markets Study Highlights Political Risk Concerns

Feb 1 2007 // According to a new report the Economist Intelligence Unit (EIU), sponsored by ACE, “nearly 30 percent of senior executives and risk professionals surveyed said their companies had been forced to cancel existing...

Aon Establishes Group to Manage Renewable Fuel Risks

Feb 1 2007 // Aon’s Agribusiness and Food Systems Group has created a new unit to focus on the specialized risks associated with the bio-fuels industry. Aon’s new Agri-Fuels Risk Management Group (AFRMG), based in Kansas...

Mercator Advises Risk Managers to Prepare for World Without TRIEA

Jan 31 2007 // With the Terrorism Risk Insurance Extension Act (TRIEA) set to expire in December 2007, experts are speculating whether Congress will renew TRIEA as is, scale back its provisions or scrap it altogether. This widespread...

La.’s Blanco and Donelon Travel to Calif. for Outreach to Insurers

Jan 30 2007 // Louisiana Governor Kathleen Babineaux Blanco kicked off a three-day insurance outreach mission Jan. 29 in San Francisco, part of her continuing efforts to bring affordable insurance home to Louisiana, the governor’s...

N.Y. Firm Promises Weather Risk Management Tools for Corporations

Jan 26 2007 // A company that vows to help large and mid-sized corporations manage the financial impact of adverse weather on their cash flow is expected to debut this spring. Storm Risk Solutions claims to have developed the first...

Ohio Westfield Adds New Online Risk Control Tool for Businesses

Jan 23 2007 // Westfield Insurance has introduced a new online Risk Control Assessment to help businesses identify their risk issues. The 24-question survey, on www.WestfieldInsurance.com, is available to all visitors and provides a...

Travelers Launches Customer Risk Control Site

Jan 22 2007 // Travelers has launched a risk control customer Web portal, a one-stop shop for businesses with questions about risk control, at www. riskcontrol.com. The site not only highlights the products and services Travelers Risk...

CEO Storms Seeks Bigger Role in Risk Management for Marsh

Jan 15 2007 // Marsh Inc. already is one of the world’s largest insurance brokers, but its chairman and chief executive, Brian M. Storms, wants to increase its role in the risk management business. As Storms sees it, Marsh should...

Shand Morahan Revamps Lawyers Professional Liability Program

Jan 12 2007 // Shand Morahan & Company Inc., underwriting manager of Evanston Insurance Company, revamped its lawyers professional liability program, now called Designed Protection for Law Firms. Targeted to hard-to-place attorneys...