Risk managers who are convinced their organization is prepared to withstand a blow to its reputation need only read the daily newspapers to be reminded of what can go wrong and the snowball effect
Risk managers with early renewal dates and long-term relationships with their carriers so far have fared best when dealing with underwriters cautious about most property-catastrophe risks--and not
An nationwide rise in property rates, which some experts had anticipated going into this year, hasn't panned out, but instead is limited to Southeastern states by 2005 hurricanes, according to an
Industry representatives, mainly brokers, evaded the question of why buyers haven't seen cost reductions for their insurance policies now that carriers are not paying contingency fees to many brokers
The survey, titled "Excellence in Risk Management III, The State of Risk Management," conducted by Marsh, polled 866 members of the Risk & Insurance Management Society from midsize to large organizati
The question was raised by Ellen Vinck, RIMS president and vice president, risk management & benefits with BAE Systems Ship Repair, at a leadership panel at the annual Risk and Insurance Management So
HONOLULU--Spending for loss control services increased or remained flat for most organizations in the past year, while money spent was up from 2003 in areas such as disaster preparedness and catastroph
This is "good news for the buyers," Mr. Bradford said in an interview. "Obviously there were a lot of investors who put money in the market after Katrina expecting to see rates skyrocket, and it just
Settlements of bid-rigging and contingency fee abuse charges by top brokers might have resulted in a loss of credibility for corporate insurance buyers who had the wool pulled over their eyes,