Risk Management

Founded in January of 1954, Risk Management is a monthly magazine that features news and industry analysis for corporate risk managers. The magazine has a circulation of 16,000 readers and is published by the Risk and Insurance Management Society Inc. Morgan O'Rourke is Editor-in-Chief. Jared Wade is Editor. Bill Coffin is Publisher/Editorial Director.

Articles from Vol. 42, No. 5, May

Asian and African Risk Managers Form Federation
To promote regional cooperation and improve the professional standing of risk managers, the Federation of Asian, Pacific and African Risk Management Organizations (FAPARMO) has been established with representatives from Australia, India, Japan, the Philippines,...
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Attorneys Can't Thwart Environmental Risk
Companies that hire outside attorneys to perform environmental safety audits can still be held liable, say environmental experts. "In an attempt to insulate themselves from product liability claims, some companies put lawyers on 'new product' committees....
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Bringing D&O Insurance Right on Target
Recently, some critics of directors' and officers' (D&O) insurance policies have alleged that D&O insurers rarely pay claims on these policies, and usually only after policyholders wage contentious legal battles to obtain coverage. This has led...
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Celebrities at Risk
Nineteen-year-old Robert John Bardo was mesmerized by the flickering images on the screen and the hushed, sexy dialogue between the characters. That night, in a Tucson, Arizona movie theater, he was watching actress Rebecca Shaeffer being seduced right...
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Celebrities at Risk
nineteen-year-old Robert John Bardo was mesmerized by the flickering images on the screen and the hushed, sexy dialogue between the characters. That night, in a Tucson, Arizona movie theater, he was watching actress Rebecca Shaeffer being seduced right...
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Cost of Risk Showed First Decrease in a Decade
According to the ninth Cost of Risk Survey conducted by RIMS and Towers Perrin, the overall cost of risk dropped by 7 percent to $7.70 per $1,000 of revenue in 1993. This represented a major reversal of more than a decade of increases in the cost of...
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Cost of Risk Showed First Decrease in a Decade
According to the ninth Cost of Risk Survey conducted by RIMS and Towers Perrin, the overall cost of risk dropped by 7 percent to $7.70 per $1,000 of revenue in 1993. This represented a major reversal of more than a decade of increases in the cost of...
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Economic and Safety Advantages of Sprinklers
The challenge presented by reducing loss exposure to an acceptable level is compounded by cost constraints in today's competitive marketplace. Most risk managers readily recognize the value of sprinkler protection as a property loss control tool, but...
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Executive Forum
DURING THE RIMS 33RD ANNUAL Conference in San Francisco, I could not help but reflect on how much has changed since my first RIMS Conference 12 short years ago. At that time, no one would have believed that the market for catastrophic property insurance...
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Health Cost Management and Pharmacy Benefit Plans
You can reduce overall health care costs by identifying patients at risk and optimizing therapies in your pharmacy benefits plan. There is a new strategic partner on the frontier in the ongoing quest to reduce overall health care costs and improve the...
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How Safety and Privacy Clauses Reduce Risks
THE POWER OF LANGUAGEWhenever his famous clients agree to make public appearances to appear in plays, concerts, television or movies, Mr. de Becker recommends that specific safety and privacy clauses be included in the entertainer's contract. Here's...
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Insurance Archaeology Unearths Big Payoffs
Companies that are persistent in their search for old environmental policies can dig up better coverage and big payoffs. With the nation's total environmental cleanup bill estimated up to $750 billion, "it's understandable why companies can't afford...
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Insurance Archaeology Unearths Big Payoffs
Companies that are persistent in their search for old environmental policies can dig up better coverage and big payoffs. With the nation's total environmental cleanup bill estimated up to $750 billion, "it's understandable why companies can't afford...
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Insurance for Entertainment Events
As a whole, entertainment insurance covers a wide range of activities, from special events like hot air ballooning to company-sponsored sports and entertainment events that feature celebrity speakers. While the universe of experienced insurers for the...
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Opportunities Rising in the East
Like Marco Polo searching for a trade passage to the East, insurance companies and brokers are preparing for what are expected to be great opportunities in the Pacific Rim and Far East. The insurance markets in some of these countries have been carefully...
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Opportunities Rising in the East: Once Protected by National Governments, Insurance Markets in Pacific Rim Countries Are Opening to Foreign Investment
Like Marco Polo searching for a trade passage to the East, insurance companies and brokers are preparing for what are expected to be great opportunities in the Pacific Rim and Far East. The insurance markets in some of these countries have been carefully...
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Outsourcing: More Efficient Risk Management?
As companies examine and re-engineer their work processes, risk management is frequently regarded as one of the many functions that companies decide can be performed less expensively or more effectively by outsiders, according to speakers at a meeting...
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RIMS Meets Wall Street
As he assumes the mantle of leadership as incoming president of RIMS for 1995 1996, William J. Kelly, senior vice president of J.P. Morgan, reflects upon his past career accomplishments, some of them unforeseen. As the new President, Mr. Kelly's stated...
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RIMS Meets Wall Street
Q: How did you get your start in the risk management field?As a student, I never set out to be in the risk management profession. My ambition was to be a college English professor. I majored in English Literature at Fordham University in New York and...
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Vermont's Risk Retention Groups and the NAIC
In any well-run business, common sense typically prevails over common practice while process takes a back seat to results. Unfortunately, the ongoing battle over accreditation between Vermont and the National Association of Insurance Commissioners (NAIC)...
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