Jorge Luzzi, Group Risk Management Director for Italian tire maker Pirelli worldwide, has been elected as the next President of the Federation of European Risk Management Associations (FERMA). His mandate as President will start at the end of the FERMA …
The risk management associations of Malta (MARM) and Slovenia (SI.RISK) have been accepted as the latest members of the Federation of European Risk Management Associations (FERMA). Their adhesion brings to a total of 19 the number of countries whose risk …
According to catastrophe modeling firm AIR Worldwide more than a million people were evacuated in central and western Japan in advance of Typhoon Roke’s arrival. The storm formed on September 10 and is the 15th named storm of the 2011 …
As had been more or less predicted, Lloyd’s posted a £697 million [$1.094 billion] pre-tax loss for the first six months of 2011, compared to an overall profit of £628 million [$985.6 million] as of June 30, 2010. The report …
In a keynote speech at the annual Houston Marine Insurance Seminar Tom Bolt, Lloyd’s Director of Performance Management, told an audience of energy insurers that he is not convinced offshore energy underwriters are ‘robustly managing risks.’ He added that the …
RLI has launched a new miscellaneous professional liability product called RLI Target Professionals. The new product is designed to protect firms from lawsuits arising from the performance of their professional services and is available for firms with gross revenues less …
Jacksonville-based MedMal Direct Insurance Co. has launched MedMal Direct University. MedMal Direct provides all of its insureds unlimited access to MedMal Direct University: offering clinical and non-clinical risk management courses authored by the school of medicine faculty of Harvard, Stanford …
Associated Builders and Contractors (ABC) and CNA’s Construction unit have partnered to advance industry best practices in the field of construction safety. During this three-year partnership, scheduled to launch January 2012, CNA will provide ABC chapters and members with access …
Mike Fitzgerald has joined insurance run-off consulting firm Devonshire as vice president of business development. His responsibilities include developing business initiatives and opportunities to help support and expand Santa Ana, Calif.-based Devonshire’s insurance and reinsurance business services. Fitzgerald previously was …
More ship insurers are backing the use of private armed guards on merchant vessels at sea to combat Somali piracy as attacks and the resulting costs are set to rise in coming weeks, industry officials said on Tuesday. Pirate attacks …
