Latest Risk Management Headlines
All the headlines from our Risk Management Topic Page, ordered by recency.
Terrorists Have Shifted from Attacking Airlines to Mass Transit: Study
Mar 2 2015 // Successful terrorists have shifted their focus in recent years away from attacking airlines to attacking subway and rail systems, according to an analysis of terrorist attacks over a 30-year period from 1982 to 2011 by a...
A.M. Best: New UAE Regulations Should Improve Risk Profile of Insurers
Feb 27 2015 // The Insurance Authority (IA) of the United Arab Emirates recently issued new financial regulations, which are well placed to improve the risk profile and policyholder security of UAE insurers, according to A.M. Best in a...
Climate Change Modeling on Cusp of Paradigm Shift
Feb 26 2015 // In the face of growing interest in climate change impacts, several big catastrophe modelers said they’ve heard from more clients interested in receiving climate-related data and they believe the field is on the cusp...
Diversity Within Insurance Industry Serves Expanding Nonprofits
Feb 23 2015 // Nonprofit and social service organizations are as plentiful and diverse as the world itself. To better serve communities, nonprofits must bend, mold and adapt to rapidly changing conditions and so must the insurance...
Essary Named Exec. Director of Surplus Lines Stamping Office of Texas
Feb 13 2015 // Norma Carabajal Essary has been appointed as executive director of the Surplus Lines Stamping Office of Texas (SLSOT), effective March 1, 2015. She succeeds Philip R. Ballinger, who retired Jan. 2, 2015, after 22 years of...
Circle of Diversity Serving Nonprofits and Social Services
Feb 9 2015 // Nonprofit and social service organizations are as plentiful and diverse as the world itself. To better serve communities, nonprofits must bend, mold and adapt to rapidly changing conditions and so must the insurance...
How Large Firm Risk Managers Rate Commercial Lines Carriers, Brokers
Feb 6 2015 // While commercial insurers have traditionally relied upon insurance brokers to manage customer relationships, large company risk managers are looking for both parties to work together to meet their needs, according to a new...
Willis Re Launches Cyber Risk Modeling Tool – PRISM-Re™
Feb 3 2015 // Willis Re, the reinsurance division of Willis Group Holdings plc, announced that it has launched “the insurance industry’s first cyber risk modeling tool that will enable insurers to quantify and manage their...
Beecher Carlson Appoints Zoda as Senior VP, Risk Control
Feb 3 2015 // Atlanta-based specialty insurance broker Beecher Carlson Insurance Services has appointed Jim Zoda as senior vice president of risk control. He is based in Texas. Zoda’s main focus will be to provide risk assessment...
ACE Launches Cyber Risk Unit for Continental Europe
Feb 2 2015 // ACE Group announced the launch of a new, independent cyber risk business unit as it continues to strengthen its local underwriting and risk management capabilities across Continental Europe. The announcement follows...
Army Corps Releases Northeast Coastal Flood Risk Management Framework
Jan 30 2015 // The U.S. Army Corps of Engineers on Wednesday issued a report saying that managing the flooding risk along the North Atlantic coast from events like Superstorm Sandy is something that has to be done collaboratively by all...
New Analysis Reveals Political Risk Exposures around the World: Willis
Jan 29 2015 // Willis Group Holdings has published a new analysis from Oxford Analytica in the form of the “VAPOR Political Risk Model,” which, it said, “helps companies assess the financial exposure to a suite of...
How ‘Crying Wolf’ in Bad Weather Warnings Erodes Public Compliance
Jan 28 2015 // The public is more likely to trust and comply with bad weather warnings—such as for winter snowstorms and icy roads—if authorities give their warnings as a probability estimate, according to risk researchers. The...
5 Risk Management Tips for the NFL Just in Time for Super Bowl
Jan 27 2015 // It’s been a rough year for American football. The National Football League has been plagued with a series of scandals. Commissioner Roger Goodell frequently seems befuddled, and it’s hard to discern any...
Characteristics of ‘Charlie Hebdo’ Attack Thwarted Counter-Terrorism Efforts: RMS
Jan 26 2015 // A number of unique characteristics of the January 7 terrorist attack against satirical French magazine “Charlie Hebdo” allowed terrorists to succeed despite counter-terrorism efforts, according to a new report...
XL’s McGavick Receives St. John’s 2014 Insurance Leader of the Year Award
Jan 23 2015 // St. John’s University’s School of Risk Management (SRM) in New York hosted its 20th Annual Insurance Leader of the Year Award Dinner on Jan. 21 in honor of Mike McGavick, chief executive officer of XL Group...
Tennessee’s Crichton Group Makes Staff Changes, Names New Partner
Jan 23 2015 // The Crichton Group, an independent insurance agency in Middle Tennessee, has appointed a new partner and a new director of risk management. In addition, it has also added an account executive and an account manager to its...
Construction Insurance Trends to Watch in 2015
Jan 21 2015 // Bolstered by a resurgent economy and renewed optimism, the construction industry is showing signs of significant growth. Payrolls are increasing, more projects are coming online and the scope of work is increasing. Ample...
AssuredPartners Acquires Omni Risk Management, Omni Benefits in N.Y.
Jan 20 2015 // AssuredPartners Inc. has acquired Omni Risk Management and Omni Benefits in Smithtown, New York. The firm specializes in coverage for commercial insurance with a specialty in construction coverage, surety bonding, personal...
SECURA Promotes Mongarella to Director-Risk Management in Wisconsin
Jan 15 2015 // Appleton, Wis.-based SECURA Insurance promoted Dominick Mongarella to director–risk management, effective Jan. 14, 2015. Mongarella will lead the company’s risk management team and is responsible for enhancing risk...
