Latest Risk Management Headlines
All the headlines from our Risk Management Topic Page, ordered by recency.
Colorado University Gets Support for ERM and Insurance Program
Aug 16 2013 // The College of Business at Colorado State University is a step closer to launching a program to train students in the insurance and risk management fields thanks to a $150,000 gift from the IMA Foundation. The Enterprise...
How to Manage the Winds of Change for High Net Worth Clients
Aug 16 2013 // As insurance professionals, we’re in the business of anticipating and responding to severe weather. However, heightened activity in recent years points to some startling trends: • Atlantic named storms in the month...
EPIC Acquires SafeHarbor Risk Management, Expands in East Coast
Aug 7 2013 // EPIC, a San Mateo, Calif.-based retail property/casualty insurance brokerage and employee benefits consultant, acquired SafeHarbor Risk Management. Founded in 2009, privately-held SafeHarbor is a property/casualty...
Risk Managers Report Total Cost of Risk Up As Market Firms
Aug 5 2013 // Businesses paid about 5 percent more in 2012 than they did in 2011 to cover the total cost of risk. That compares to a rise of only 1.7 percent in 2011, according to the 2013 Risk & Insurance Management Society (RIMS)...
How to Manage the Winds of Change for High Net Worth Clients
Aug 5 2013 // Protecting Personal Property in a New Era of Catastrophes As insurance professionals, we’re in the business of anticipating and responding to severe weather. However, heightened activity in recent years points to...
XL Names McConico a Manager in California; Promotes Schlageter in West
Aug 1 2013 // XL Group named Mark McConico as vice president and underwriting manager for XL’s U.S. risk management group in Los Angeles. XL Group also promoted Theresa Schlageter to senior vice president and regional manager of...
Aon UK Hosts Operational Risk Modeling Discussion with Bank of England
Jul 29 2013 // Aon UK Limited, the UK arm of Aon plc, which in addition to traditional insurance activities, also provides risk management, human resource consulting and outsourcing expertise, welcomed over 60 senior risk executives from...
ACE Study: Reputation the Hardest Risk to Manage
Jul 23 2013 // Ninety-two percent of companies believe that reputational risk is the most challenging category of risk to manage, according to a major new study from ACE Group conducted across 15 countries within its EMEA (Europe, Middle...
Crop Insurance Rule Causing Confusion for Some Midwest Farmers
Jul 23 2013 // Last year’s drought has contributed to confusion over crop insurance rules for some Upper Midwest farmers who couldn’t get a crop in the ground this past spring due to the opposite weather extreme – too...
Auditors: Risk Management Privatization Saved Louisiana $10M
Jul 22 2013 // Louisiana has saved more than $10 million in the first two years of a privatization contract for claims processing and loss prevention services for the Office of Risk Management, auditors told lawmakers. Members of the...
Travelers’ Small Business Risk Education Program Launched in Chicago
Jul 18 2013 // The Travelers Companies Inc. announced the launch of the Small Business Risk Education (SBRE) program in Chicago to help women and minority small business owners learn about risk management, develop safety risk management...
FERMA Urges EC to Respect ‘Freedom of Choice’ for Cat Coverage
Jul 18 2013 // The Federation of European Risk Management Associations (FERMA) announced that it has told the European Commission that “any new insurance solutions for catastrophe risks should be market based and respect freedom of...
Conn.-Based Insurers Now Required to Participate in NAIC Climate Risk Surveys
Jul 17 2013 // Connecticut Insurance Commissioner Thomas Leonardi today announced that Connecticut-based insurance companies will now be required to complete the annual Climate Risk Survey that was initially adopted in 2009 as a...
The Hanover Expands Healthcare Capabilities
Jul 17 2013 // The Hanover Insurance Group, Inc. has expanded its healthcare industry options with an increased appetite and capabilities for the rapidly growing areas of the healthcare industry, including allied healthcare centers and...
ACE Construction Practice Launches Healthcare Construction Project Services
Jul 9 2013 // ACE USA has launched new capabilities specifically designed for healthcare industry construction projects through ESIS, Inc., a risk management services company owned by the ACE Group. The new offerings include...
Guy Carpenter Acquires Maine-Based Disability Reinsurance Risk Manager
Jul 8 2013 // Guy Carpenter & Co. LLC, a global risk and reinsurance intermediary division of N.Y.-headquartered Marsh & McLennan Companies, announced last week its acquisition of Smith Group, a disability reinsurance risk...
Man-Made Disasters
Jul 1 2013 // Disasters strike in many forms. Insured disasters often arrive in the wake of natural catastrophes – floods, earthquakes, drought, tornadoes and hurricanes. But disasters are also man-made as in the terrible tragedy that...
FERMA: ‘Disclosure’ Alone Not Enough to Control Companies’ Social Risks
Jun 20 2013 // “Public disclosure of a company’s social issues is good, but by itself does not show that the risks are under control,” the Federation of European Risk Management Associations (FERMA) has told the...
Survey: Nonprofits Unprepared, Under-Insured Against Risks
Jun 17 2013 // Crystal & Co., a worldwide risk and insurance advisor, has released the results of its Nonprofit Risk Survey, presenting a snapshot of risk awareness and exposure among U.S. nonprofit organizations, including human...
Lockton Taps 2 Former Wells Fargo Insurance Execs to Lead Boston Office
Jun 11 2013 // Lockton is adding more commercial insurance operations in the Northeast with the formation of an insurance brokerage office in Boston. Lockton has named risk management veterans and former Wells Fargo Insurance Services...
