Latest Risk Management Headlines
All the headlines from our Risk Management Topic Page, ordered by recency.
Marsh Establishes Middle East FINPRO Practice
Mar 21 2008 // Marsh announced the establishment of a Financial and Professional Services (FINPRO) Practice in the Middle East, based in Dubai. It will be led by Alexander Blom, Regional FINPRO Leader. FINPRO is a specialist practice...
Climate Change No. 1 in Top 10 Risks Facing the Insurance Industry
Mar 12 2008 // Potential climate change is the greatest strategic risk currently facing the property/casualty insurance industry, with demographic changes taking priority for the life insurance industry, according to a new study by Ernst...
People
Mar 10 2008 // Willis Group Holdings, the global insurance broker reports it has extended the employment agreement with Joseph J. Plumeri, its chairman and chief executive officer. The agreement, which was originally scheduled to expire...
People
Mar 10 2008 // Willis Group Holdings, the global insurance broker, reports it has extended the employment agreement with Joseph J. Plumeri, its chairman and chief executive officer. The agreement, which was originally scheduled to expire...
People
Mar 10 2008 // Denver-based Van Gilder added three persons to its staff. Tony Dodd joined the firm as an account executive specializing in homeowner association risk management programs. Kyle Krisman assumed the role of business...
How to Appraise and Insure Historic Homes
Mar 10 2008 // New technology, historical home insurance help to protect treasured properties Many urban and suburban areas are made more distinctive thanks to the historic homes nestled in their neighborhoods. Keeping history alive...
People
Feb 24 2008 // San Diego-based Barney & Barney LLC named Jim O’Connell principal. He also will serve as director of development for programs, specialty insurance solutions. In that role, he is responsible for both regional and...
Marinas’ Ticking Bomb
Feb 24 2008 // What lies inside a customer’s file makes the difference in insurable risks There are always hidden issues that can blow up in any industry. The marina industry is no different. Many marinas are tenants of port...
Berkowitz To Head Risk Management/Operations for PMI
Feb 22 2008 // PMI Mortgage Insurance Co., a subsidiary of The PMI Group, Inc., has appointed Joanne Berkowitz as executive vice president for risk management and operations. In this capacity Berkowitz will be responsible for optimizing...
Willis Group Promotes 2 on Tennessee Team
Feb 20 2008 // Willis Group Holdings promoted Dee Anderson to executive vice president, and Terry Burkhalter to vice president, risk control consulting services, Knoxville office of Willis of Tennessee Inc., effective immediately. After...
Marsh Report on Europe Transport Highlights Regulatory, Liability Concerns
Feb 19 2008 // A new report from Marsh’s London office focuses on the increasing problems of transport and logistics firms across Europe in coping with new categories of liability and an increasingly complex regulatory...
S&P Takes Rating Actions -‘Mostly Negative’- on U.S. Mortgage Insurers
Feb 15 2008 // Standard & Poor’s Ratings Services has issued a blanket bulletin outlining the rating actions, which it notes are “mostly unfavorable,” on several U.S. mortgage insurers and their core and dependent...
Physicians Insurance Names Olson VP, Risk Management
Feb 14 2008 // Physicians Insurance A Mutual Company has named Dennis Olson as vice president, risk management. Olson has relocated from Oregon, where he was director of corporate compliance and workers’ compensation at Health...
Accenture Solvency II Survey: Europe’s Insurers Expect Manageable Costs
Feb 12 2008 // According to findings from a recently released survey conducted by Accenture, “more than three-quarters of large European insurers expect to spend less than €25 million [$36.27 million] through 2012 on Solvency II...
Western National Adds Senior Vice President, General Manager
Feb 12 2008 // Minneapolis-based Western National Insurance Group recently announced that effective as of Feb. 11, 2008, Jeffrey J. Couchman will join the Western National Insurance Group’s management team, serving as both senior...
Nev. Monte Carlo Resort & Casino Fire Losses Could Have Hit $75M, Risk Analysts Say
Feb 10 2008 // The fire that blazed through the top of the Monte Carlo Resort & Casino in Las Vegas on Jan. 25, 2008, could have been far more damaging had it started elsewhere in the building and not been contained so quickly,...
Nev. Casino Fire Losses Could Have Hit $75 Million, Say Risk Analysts
Jan 31 2008 // The fire that blazed through the top of the Monte Carlo Hotel in Las Vegas last Friday could have been far more damaging had it started elsewhere in the building and not been contained so quickly, according to analysts at...
Best Lowers XL’s Ratings; S&P Sees No Change
Jan 28 2008 // A.M. Best Co. and Standard & Poor’s Ratings Services have been reexamining their ratings on the Bermuda-based XL Capital. and its subsidiaries in light of recent announcements (See IJ web site...
People
Jan 27 2008 // Swett & Crawford appointed Meredith Dyson as senior vice president. Dyson, who will assist the company with its marketing efforts and other related activities, will be based in New York. Most recently, Dyson was with...
European Risk Managers, Industry Face New and Not so New Challenges
Jan 27 2008 // FERMA conference highlights growing importance of risk management in complex global business environment The insurance industry’s “traditional model” has become outdated and is so abstruse that the...