Latest Risk Management Headlines
All the headlines from our Risk Management Topic Page, ordered by recency.
Business Moves – Midwest
Jan 28 2013 // Willis North America Willis North America, a unit of global insurance broker Willis Group Holdings, has relocated its Cleveland, Ohio office to 1001 Lakeside Ave., Suite 1600. Willis established a presence in Ohio more...
Business Moves – East
Jan 28 2013 // ACORD, DISA ACORD (Association for Cooperative Operations Research and Development), the nonprofit global data standards organization for the insurance industry, and DISA (Data Interchange Standards Association), the...
Governments Struggle with Financial Crisis as the Planet Warms up
Jan 11 2013 // The global economy has been through economic recessions before, and has eventually recovered from them. This time around, however, it must do so while coping with the ever increasing menace of climate change – that makes...
New Risk Management Consulting Firm Launched in Pennsylvania
Jan 11 2013 // A new risk management consulting firm recently opened its doors for business in Pennsylvania. Auspice Risk is an independent risk management consulting firm based in West Chester, near Philadelphia. Girija Shaffer, chief...
Aviation Risk Management Expert Joins Lockton in Kansas City
Jan 10 2013 // Ty Carter, an experienced aviation risk management executive and pilot has joined the Lockton Global Aviation Group in the insurance broker’s Kansas City office as producer. Carter will be responsible for advising...
Arthur J. Gallagher Acquires Insurance Risk Managers of Missouri
Jan 8 2013 // Arthur J. Gallagher & Co. has acquired Insurance Risk Managers of Missouri Inc. in St. Louis. Terms of the transaction were not disclosed. Founded in 1996, Insurance Risk Managers of Missouri (IRM) is a retail...
The Griffith Foundation Awards $22K-Plus in Scholarships
Jan 3 2013 // The Griffith Insurance Education Foundation, based in Columbus, Ohio, awarded $22,750 in scholarships to 22 students at six colleges and universities. The scholarships support students studying risk management, insurance...
People
Dec 17 2012 // Associated Agencies Inc., based in Rolling Meadows, Ill., has promoted Joshua Herz to president, making him the fourth person in the same family to hold the position. Herz succeeds his cousin, Max (Skip) R. Schrayer, who...
Viewpoint: Trade Sanctions and Risk Management
Dec 5 2012 // The U.S. government has increasingly used laws and regulations that impose economic sanctions on others as an instrument to advance foreign policy and national security goals, with some of the most recent efforts aimed at...
Delaware’s Lyons Companies Appoints Risk Management Advisor
Dec 3 2012 // Lyons Companies, Delaware’s largest privately-owned commercial insurance brokerage and employee benefits consulting firm, appointed Michael F. McDonald as risk management advisor.Michael F. McDonaldMcDonald...
FERMA Opposes EU Fund for Industrial Accident Environmental Liabilities, Losses
Dec 3 2012 // The Federation of European Risk Management Associations [FERMA), which represents risk managers in 20 European countries, has told the European Commission that it is opposed to the creation of a fund to cover environmental...
Torus Survey: Top Issues in Management Liability & Professional Lines Market
Nov 29 2012 // A recent survey* undertaken by global specialty insurer Torus has highlighted a myriad of current issues facing the management liability and professional lines market. Designed to identify key trends affecting this...
Endurance Acquires Galileo Weather Risk; Launches Global Weather Service
Nov 21 2012 // Bermuda-based Endurance Specialty Holdings Ltd. announced that it has acquired the assets of Galileo Weather Risk Management, a provider of weather risk management products and services, and has hired all of its employees....
Risk Managers’ Top 3 Concerns: Interest Rates, Currency Markets, Regulations
Nov 9 2012 // Interest rates, volatile currency markets and changing regulations are the top three things keeping risk managers from their sleep. Those are the conclusions summarized in an article on the Lloyd’s web site that...
Markel Unveils Risk Management Portal for DataBreach Policyholders
Nov 9 2012 // Markel has launched a new risk management portal for DataBreach policyholders that includes information and technical resources that can assist in the prevention of network, cyber, and privacy breaches as well as support...
Zurich/Advisen Poll Finds Cyber Risk Awareness Increasing
Nov 6 2012 // A note from Zurich Insurance indicates that the “vast majority of risk professionals say information security and other cyber risks are at least a moderate threat to their organizations,” according to a new...
Trade Sanctions and Risk Management
Nov 5 2012 // Understanding Economic Sanctions and Regulation When Doing Business Abroad The U.S. government has increasingly used laws and regulations that impose economic sanctions on others as an instrument to advance foreign policy...
Bermuda’s SAC Re Adds 4 to Property Reinsurance, Finance, Risk Management Teams
Nov 1 2012 // S.A.C. Re Ltd. has filled several key management posts in its property reinsurance, finance and risk management teams. Kathleen Reardon has joined Bermuda’s SAC Re as chief underwriting officer for Property, and will...
General Star Adds Risk Management Hotline to A&E Program
Oct 15 2012 // General Star Management Co. has launched a “design professionals liability hotline” as an enhancement to its architects & engineers program, which is handled exclusively by program administrator...
Report Points to Insurance Industry’s Vulnerability to Climate Change
Oct 8 2012 // A report out late last month urges the insurance industry to act to protect itself and the community against the increasing frequency of extreme weather due to climate change. In short, the report, its authors and those...
