Latest Risk Management Headlines

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

St. Paul Travelers’ Risk Control

Dec 6 2004 // St. Paul Travelers announced the debut of a new Web site housing more than 1,400 risk management resources for customers, agents and brokers. The online resources available include a variety of industry-specific customer...

European Insurance Summit 2004 Offers Some Words to Live By

Dec 6 2004 // Rating agencies are a reality, and we have to live with them,” Martin Kauer, CFO, Converium AG. “Market share is the enemy of risk management,” Brian O’Hara, president and CEO, XL Capital....

FERMA Survey Finds Risk Managers Question Broker Compensation; More Transparency Needed

Dec 1 2004 // According to a recent e-mail survey, conducted by the Federation of European Risk Management Associations (FERMA), risk managers and their associations have long questioned how brokers are compensated. FERMA queried the...

Kirkland Joins Beecher Carlson Holdings Atlanta Office

Nov 30 2004 // Beecher Carlson Holdings, Inc. has announced Barry Kirkland has been named managing director and team leader in its Atlanta office. Kirkland’s primary responsibility will be to assist in the expansion of the risk...

Zurich Appoints Grünbichler Head of Group Risk Management Policy and Research

Nov 29 2004 // Zurich Financial Services announced the appointment of Andreas Grünbichler to Head its newly created Group Risk Management Policy and Research Unit, effective immediately. “In this new position, Grünbichler will...

Swiss Re Hosts Investors’ Day Conference

Nov 24 2004 // Swiss Re hosted its annual Investors’ Day at its Rüschlikon Conference Center near Zurich, yesterday, Nov. 23. The presentation offered additional insights into the Group’s risk management framework and a...

Swiss Re Hurricane Report Stresses Risk Analysis

Nov 23 2004 // Swiss Re’s recently issued report on the 2004 hurricane season stresses that, although the number of storms may have been extraordinary, “the impact on insurers has been controllable through a process of...

Mutual Risk Management Reports Hancock Motion to Dismiss Lawsuit Denied

Nov 22 2004 // Mutual Risk Management Ltd. (MRM) announced on Monday that the federal judge presiding over its multi-million dollar claim for tortious interference against John Hancock Life Insurance Company (Hancock) has denied...

ACE USA Enhances Defense Base Act Coverage

Nov 19 2004 // ACE USA, the U.S.-based retail operating division of The ACE Group of Companies, announced that it is enhancing its Defense Base Act (DBA) product offerings to create a responsive, comprehensive approach for small to...

Schinnerer Publishes Risk Management Guide

Nov 18 2004 // “Contractors often don’t see the need for professional liability coverage for design related claims,” explained Victor O. Schinnerer’s Joe Jones. “They think that their general liability...

St. Paul Travelers Launches Risk Control Web Site

Nov 17 2004 // St. Paul Travelers announced the debut of a new Web site housing more than 1,400 risk management resources for customers, agents and brokers. Resources are said to include the latest research reports and news on safety...

Nyce Joins AICPCU/IIA as Curriculum Director

Nov 9 2004 // Charles M. Nyce, PhD, has joined the American Institute for CPCU and the Insurance Institute of America as director of curriculum. He is responsible for the curriculum, textbooks, and examinations for one course in the...

AIG Private Client Creates Loss Prevention Unit

Oct 27 2004 // AIG Private Client Group, a division of the property and casualty insurance subsidiaries of American International Group, announced the creation of a Department of Loss Prevention to minimize high net worth...

CPCU Society Board of Governors Issues Ethics Policy Statement During Meeting

Oct 26 2004 // The Chartered Property and Casualty Underwriters Society (CPCU Society) Board of Governors voted unanimously to publicly denounce all practices or systems that violate its code of ethics. In a policy statement issued...

Evaluating Overcharges: Should Your Company Pursue Claims Against Brokers and Carriers’

Oct 20 2004 // Editor’s note: This is a commentary piece submitted by David E. Wood of the law firm Wood & Bender. The recent suit by New York Attorney General Eliot Spitzer alleging price-fixing and deceptive practices by...

Ascot Underwriting Chooses AIR’s Risk Model Software to Aid Global Catastrophe Risk

Oct 20 2004 // Ascot Underwriting Ltd (Ascot), a managing agent at Lloyd’s of London has selected AIR Worldwide to provide risk modelling software to manage its catastrophe risk. Ascot has licensed AIR’s CATRADER and CLASIC/2...

TRIA Extension Uncertain, Insurers Advised to Prepare

Oct 13 2004 // Insurers doing business in urban areas need to examine their business plans to make sure they understand how both the federal Terrorism Risk Insurance Act (TRIA) and unfair discrimination law could affect their business,...

Huckemeyer Joins ACE Risk Management

Oct 6 2004 // ACE USA, the U.S.-based retail operating division of The ACE Group of Companies, today announced the appointment of Daniel Huckemeyer as senior vice president and Los Angeles branch manager for ACE Risk Management. Based...

American Agency Hires Leonard as New Risk Management VP

Sep 30 2004 // Overland Park, Kan.-based emergency services program administrator the American Agency has hired W.H. Leonard as its new vice president of risk management and client services. Prior to joining the American Agency, Leonard...

ACE Risk Management Appoints New Executives

Sep 28 2004 // ACE Risk Management (ARM), a unit of ACE USA, the U.S.-based retail operating division of The ACE Group of Companies, has announced executive appointments for its senior management team, that were effective Sept. 15. Tony...