Some in the industry observe that they see public risk managers riding out the recession by keeping a low profile--sometimes at the expense of their entity, writes Assistant Managing Editor Caroline McDonald in her blog at www.NoRiskZone.com.
With the introduction of its Risk Premium Modeling solution, Earnix enables insurance carriers to achieve greater optimization of pricing by integrating risk and behavior modeling.
Organizations that ignore the threat of terrorism and do not plan for the possibility could face lengthy and expensive litigation in the aftermath of an event, according to an executive at Aon.
AIG is back in the headlines with its latest restructuring and capital injection--and the formation of a general insurance holding company to include its commercial insurance group, foreign general unit and
Michael Morrissey will take over as head of the International Insurance Society and join the IIS board with eight other insurance executives following the group's meeting next week in Jordan, IIS announced.
In January, Fireman's Fund president and chief executive officer Michael LaRocco announced that parent company Allianz was investing $100 million in Fireman's Fund's strategy. The one-year financial
Risk consulting firm Kroll said it has completed the sale of its U.S. government security clearance screening business, Kroll Government Services Inc., to Veritas Capital, a private equity firm. Transaction terms were not released.