Think Soft Market Is Over? Think Again
Average renewal premiums for commercial lines property/ casualty insurance were largely unchanged during the fourth quarter of 2010 and that may remain the case for awhile. According to the RIMS...
View ArticleRisk Managers Like, Don’t Like, Obama Budget Reinsurance Proposals
Risk managers have found things to like, and not like, in President Barack Obama’s budget proposal for the 2012 fiscal year. The Risk and Insurance Management Society (RIMS) expressed its continued...
View ArticleRIMS, Chartis Launch Hall of Fame for Risk Managers
The Risk and Insurance Management Society (RIMS) and global insurer Chartis have announced the formation of the Risk Management Hall of Fame to honor those who have made significant contributions to...
View ArticleP/C Insurers Cautious About Adopting New RMS Hurricane Model
Property/casualty insurers appear to be in no rush to adopt a controversial revised catastrophe model that dramatically raises certain estimates of potential hurricane losses in the country....
View ArticleAs More Workers Go Mobile, Workers’ Compensation Exposure Grows
Employers who supply their employees with company cell phones, laptops, BlackBerries, iPads and other portable devices could be in for a surprise if an employee is injured while using the device when...
View ArticleRIMS Approved as Accredited Standards Organization
The Risk and Insurance Management Society, RIMS, said it has been approved as an accredited standards development organization by the American National Standards Institute (ANSI) Executive Standards...
View ArticleRIMS Tells Treasury: Industry Needs More Uniform, National Regulations
A major group for risk management professionals sent a letter to the U.S. Treasury Department, asking for a bigger federal role in regulating insurance. The Risk and Insurance Management Society sent...
View ArticleSan Francisco Public Utilities Commission’s Luthi Named 2012 President Of RIMS
RIMS (the Risk and Insurance Management Society Inc.) on Tuesday announced that Deborah M. Luthi will lead the society as president for the 2012 term, effective January 1. Luthi is the enterprise risk...
View ArticleRIMS Honors Accordino, Lassaw, Berman, Collins, Chan and Marren
A group of risk management and insurance professionals have been honored with industry awards from the Risk and Insurance Management Society (RIMS). RIMS’ most prestigious honor, the Harry and Dorothy...
View ArticleRisk Managers, Senior Executives Don’t See Eye-to-Eye on Risk Management
Although risk managers are taking on more strategic roles in their organizations, a disconnect still exists in many organizations between how risk managers and senior leaders view the role of risk...
View ArticleCurrent Market Not Yet a ‘Classic’ Hard Market: P/C Executives
The current property/casualty market is not a “classic” hard market, yet anyway. While prices are clearly rising in certain lines including property and workers’ compensation, other conditions of a...
View Article‘Big One’ Looms in Minds of Experts Before California ShakeOut
A day before more than 9 million people in California took part in a massive nationwide earthquake drill on Thursday, U.S. Geological Survey seismologist Lucy Jones stood in a room full of risk...
View ArticleRIMS in Southern California Touts Risks
Risk managers will play a greater role in strategic planning in the near future, according to a report issued on Monday. That was among the plethora of risk related information delivered at the annual...
View ArticleTerrorism Risk, Flood Insurance and Green Building Hot Topics for Risk...
Renewal of the Terrorism and Risk Insurance Act (TRIA) was a much talked about topic at the annual Risk and Insurance Management Society conference on Tuesday, a four-day conference in Los Angeles,...
View ArticleRIMS Wraps Up In Los Angeles, CRO Pay on Rise
It appears the chief risk faced by those in charge of risk programs are sky high taxes. According to a survey by the Risk and Insurance Management Society, which wrapped up a four-day conference in Los...
View ArticleRisk Managers: Loss of TRIA Would Limit, Possibly End, Terrorism Coverage
A majority of risk professionals believe expiration of the federal terrorism reinsurance program would result in a decrease of affordable terrorism coverage or, even, the total elimination of the...
View ArticleHumana’s Shaw Chosen 2014 President of RIMS
RIMS, the risk management society, reports that Carolyn M. Snow will be president for the 2014 term. Snow is the director of Risk Management for Humana Inc. She has been a member of RIMS for 14 years...
View ArticleRoberts Takes Helm as RIMS President for 2015
Rick Roberts of Ensign-Bickford Industries assumed the presidency of the risk management organization RIMS for the 2015 term on Jan. 1. Roberts is the director of Risk Management and Employee Benefits...
View ArticleNorth Carolina’s Appalachian State Wins 2015 RIMS Risk Management Challenge
Appalachian State University’s risk management student team has been named the winner of the Spencer-RIMS Risk Management Challenge. The announcement was made at the RIMS 2015 Conference &...
View ArticleRIMS 2016: Employee vs. Contractor Debate to Become Even Hotter
The employee vs. contractor debate has the potential to have a major impact on the insurance industry, according to a pair of experts speaking on the topic on Monday in San Diego, Calif. It’s estimated...
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