While the insurance industry fared well during the global economic crisis, many insurers see room for improvement in their enterprise risk management programs.
As a result of the ongoing soft market, a “who blinks first” environment pervaded Jan. 1, 2011 reinsurance renewals, with buyers holding out…
While entry-level risk managers are taking advantage of courses to learn the fundamentals of insurance, high-level professionals are looking to hone specialized skills and broaden their horizons.
The ex officio of The Risk Management Society praised the New York State Insurance Department for tackling the issue of producer compensation disclosure when no other department would.
The Gulf oil disaster was the result of years of government and industry complacency and could have been prevented, according to an investigation, which called for constantly updated risk management plans by the industry and a “culture of safety.”
With mass government cutbacks to schools, public parks and other departments being announced every day, there seems to be no end in sight how deep these cuts can go. That’s why I was especially interested in an announcement from California Governor Jerry Brown's office.