Latest Risk Management Headlines

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

FERMA Criticizes Cyber Insurance Guidelines Proposed by Int’l Standards Organization

Apr 8 2019 // The Federation of European Risk Management Associations (FERMA) is concerned about proposed cyber insurance guidelines being developed by the International Organization for Standardization (ISO), calling them...

Hub International Acquires Assets of Illinois’ Premiere Risk Management

Apr 4 2019 // Chicago-based global insurance broker, Hub International Limited (Hub), has acquired the assets of Premiere Risk Management (PRM). Terms of the transaction were not disclosed. Located in the Chicagoland area, PRM is a...

People

Apr 1 2019 // National Ironshore Specialty Casualty has appointed Casey Hartley as senior vice president and head of programs. She will oversee the development, marketing and distribution of programs lines, working with programs...

Resolving Insurance Coverage and Claims Disputes

Apr 1 2019 // Avoiding Claim Disputes Through Prevention In last month’s column, I enumerated seven factors that enable one to avoid or prevent claim disputes: (1) Having a good historical perspective of the industry; (2)...

Insurance Office of America Hires 3 in Florida

Mar 14 2019 // Insurance Office of America (IOA) has added three new staff members to its offices in Florida. Michelle Newton joined the company’s office in Tampa. With nearly 20 years’ experience, Newton specializes in...

Missouri’s POWERS Insurance & Risk Management Launches Emerging Risks Unit

Mar 12 2019 // POWERS Insurance and Risk Management, headquartered in St. Louis, Missouri, has launched an emerging risks division. This new sector will focus on insurance risk strategies that are aligned with cyber, technology, cannabis...

Wells Fargo CEO Grilled at Congressional Hearing Probing Customer Abuse Scandal

Mar 12 2019 // Democratic and Republican lawmakers on Tuesday pressed Wells Fargo & Co Chief Executive Tim Sloan for proof the bank has put a string of consumer abuse scandals behind it at a tense congressional hearing that saw Sloan...

Walmart’s Stills Named to RIMS 2019 Risk Management Honor Roll

Mar 7 2019 // David Stills, vice president, Global Risk Management at Arkansas-based Walmart Inc. has been named to the Risk Management Honor Roll by RIMS, the risk management society. Stills leads a team of over 550 risk management and...

Northwestern University’s Figora Named RIMS Risk Manager of the Year

Mar 7 2019 // Luke Figora, senior associate vice president and chief risk and compliance officer at Illinois’ Northwestern University has been selected as the 2019 RIMS Risk Manager of the Year. The RIMS Risk Manager of the Year...

NIP Group, AXA XL Partner on Greenhouse, Garden Center, Nursery Insurance Program

Mar 5 2019 // NIP Group, Inc. has entered into an underwriting agreement with AXA XL on its GrowPro insurance program. GrowPro provides a complete insurance product for greenhouse growers, nurseries and garden centers...

McChristian, Proksa to Lead Insurance, Risk Management Programs at Gies College of Business

Feb 21 2019 // The University of Illinois’ Gies College of Business has named Lynne McChristian and Corrie Proksa to lead its insurance and risk management programs. McChristian has been named director of the Office of Risk...

JBA Broadens Access to Sri Lanka Flood Model to Help Bridge Protection Gap

Feb 19 2019 // JBA Risk Management has released its Sri Lanka Flood Model onto Simplitium’s ModEx platform. The initiative is specifically aimed at broadening accessibility to the Sri Lanka model for both the insurance and wider...

Outlooks Revised to Positive for Michigan’s Auto Club Group

Feb 19 2019 // AM Best has revised the outlooks to positive from stable and affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Ratings of “a-” of Dearborn, Michigan-based Auto Club...

Missouri’s POWERS Insurance and Risk Management Hires Hentschke, Wittenberg

Feb 19 2019 // POWERS Insurance and Risk Management, a St. Louis, Missouri-based family owned and operated independent insurance agency, has added Samantha Hentschke as personal lines account manager and Luke Wittenberg as commercial...

Midwest Ratings Roundup

Feb 18 2019 // Upgraded Ratings for Northwest G.F. Mutual Insurance AM Best upgraded the Financial Strength Rating to B++ (Good) from B+ (Good) and the Long-Term Issuer Credit Rating to “bbb” from “bbb-” of...

USC’s New Risk Management Program Draws Students Looking for Mentors

Feb 18 2019 // Kristen Jaconi can hardly contain her excitement when discussing the topic of risk management. It’s clearly a passion for Jaconi, who spends much of her time passing on her knowledge to students in the new Risk...

Massachusetts’ Custom House Risk Advisors Hires Schwartz, Procter

Feb 7 2019 // Custom House Risk Advisors (CHRA) has hired Jack Schwartz as a senior risk management consultant and Lee Procter as a risk management associate. [inline-ad-1]CHRA, based in Westwood, Mass., specializes in risk management...

Swiss Re Partners with Insurtech Firm OZON, Offering Cyber Risk Solution in France

Feb 5 2019 // Swiss Re Corporate Solutions is expanding its cyber offering by launching CyberSolution 360°, a risk management solution that combines insurance with cyber attack protection services. Developed in the exclusive...

Control Risks Names Cahill Director of Product Risks in Texas

Feb 1 2019 // Control Risks in partnership with the Hiscox Group has named product recall specialist Dan Cahill director of product risks. Cahill will be based out of Control Risks’ Houston, Texas office. He was formerly with...

Risk Management Is Answer to Football’s Insurance Problem, Says Top Sports Broker

Feb 1 2019 // ESPN ran an in-depth report recently about insurers being unwilling to cover the National Football League (NFL) for general liability and workers’ compensation due to concerns over player concussions and traumatic...