Latest Risk Management Headlines

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

Alera Group Acquires Pennsylvania’s West Park Insurance and Risk Management

Sep 27 2017 // Alera Group, a national employee benefits, property and casualty, risk management and wealth management firm, has acquired West Park Insurance and Risk Management of Allentown, Penn. Formed in 2002, West Park Insurance and...

Allianz Partners with Cyence to Expand Capabilities in Cyber Risk Analysis

Sep 27 2017 // Allianz Global Corporate & Specialty SE (AGCS), Allianz Group’s specialist carrier for corporate insurance business, has teamed up with San Mateo, Calif.-based cyber risk analytics and modeling firm Cyence to...

People

Sep 18 2017 // Detroit, Mich.-based H.W. Kaufman Financial Group named Daniel J. Kaufman senior vice president of corporate growth. Kaufman will continue to serve as managing director and lead the Chicago, Milwaukee, Pittsburgh and...

Wisconsin Dairy Farmers Consider Risk Management Options After Federal Program Change

Sep 18 2017 // A change to the Dairy Margin Protection Program means Wisconsin dairy farmers can choose to opt out of the federal program and turn to other risk management strategies. The U.S. Department of Agriculture no longer requires...

People

Sep 18 2017 // Integro Insurance Brokers has hired Michael McCarroll as senior vice president in the firm’s Woodland Hills, Calif., office. McCarroll will focus on developing new opportunities within the property/casualty, benefits...

Risk Managers Cautious About Use of Drones

Sep 18 2017 // When it comes to commercial drones usage, 61 percent of risk managers are concerned about the potential for invasion of privacy, according to a 2017 survey conducted by Munich Reinsurance America (Munich Re, US). Other...

MJ Insurance Adds Lahr, Wells to Risk Management, Commercial Insurance Team

Sep 14 2017 // MJ Insurance, headquartered in Indianapolis, Ind., has added Olivia A. Lahr and Amy Wells to the commercial insurance and risk management team as risk transfer specialists. Lahr and Wells will be responsible for developing...

New York’s Brady Risk Program Managers Hires Three

Sep 13 2017 // Brady Risk Program Managers and its partner companies, Tritan Risk Management Group and Healthcare Risk Management Group, have announced that Michael McKeown has joined the firm as senior vice president of brokerage and...

With Federal Program Change, Wisconsin Dairy Farmers Have Risk Management Options

Sep 12 2017 // A change to the Dairy Margin Protection Program means Wisconsin dairy farmers can choose to opt out of the federal program and turn to other risk management strategies. The U.S. Department of Agriculture no longer requires...

Louisiana’s LCTA Acquires Risk Management Resources, Creates Specialty Insurer

Sep 11 2017 // Baton Rouge, Louisiana-based workers’ compensation insurance provider, LCTA Workers’ Comp (LCTA), has acquired Risk Management Resources and created a new subsidiary, LCTA Specialty Insurance Co. Risk...

New York’s Brady Risk Management Opens New England Office

Sep 11 2017 // Brady Risk Management Inc., a Huntington, N.Y.-based financial risk management firm, has announced the opening of Brady Risk New England Property/Casualty Managing General Insurance Agency based in Portland, Maine. The new...

Rethinking Freight Flood Risk Management After Hurricane Harvey

Sep 8 2017 // A week before Hurricane Harvey walloped Houston, workers for Union Pacific Corp. began moving rail cars out of the railroad’s Englewood switching yard near downtown and brought in enough generators to fill 70 tractor...

Risk Managers Cautious When It Comes to Use of Drones

Sep 7 2017 // When it comes to commercial drones usage, 61 percent of risk managers are concerned about the potential for invasion of privacy, according to a 2017 survey conducted by Munich Reinsurance America (Munich Re, US). Other...

XL Innovate Backs Construction Risk Management Platform Pillar

Sep 5 2017 // Pillar Technologies, which uses sensors to capture and distribute risk data on construction sites in real time, has secured $2.75 million in seed funding from XL Innovate, Hyperplane VC and Techstars Ventures. Pillar said...

People

Sep 4 2017 // Optisure Risk Partners, a Manchester, N.H.-based insurance broker, has hired Randy Eifert as senior vice president of its Private Client Group and as Risk Management Practice leader. Eifert will provide executive...

Lessons Learned from Hurricane Andrew

Sep 4 2017 // How the Insurance Industry Can Mitigate the Next Big Natural Disaster As an industry, we knew there could be large and costly hurricanes. We witnessed the destruction that Category 5 Hugo wrought on the Carolinas in 1989....

Chubb Broadens Cyber Enterprise Risk Management Products

Sep 1 2017 // Chubb has broadened its enterprise risk management options for Chubb commercial cyber policyholders in the United States and Canada. Two new policy forms, Cyber Enterprise Risk Management (Cyber ERM) and DigiTech...

Arkema Plant Fires Underscore Chemical Industry Risk Management Challenge

Sep 1 2017 // In its devastatingly slow crawl up the industrial Gulf Coast, Hurricane Harvey is proving to be the biggest test yet of the safety and vulnerabilities of the U.S. chemicals industry. A Houston-area chemical plant was hit...

Davis Named Operations Director at Powers Insurance and Risk Management

Aug 29 2017 // St. Louis Missouri-based POWERS Insurance and Risk Management and sister company Valley Insurance Agency Alliance (VIAA) has named Tim Davis as director of Operations for both firms. Davis will oversee both administrative...

Risk Managers Prefer Standalone Cyber Policies: RIMS Survey

Aug 25 2017 // According to the 2017 RIMS Cyber Survey, risk professionals’ continued to show preference for standalone cyber insurance policies as the number of practitioners who purchased the coverage increased moderately in...