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. 43, No. 10, October

Achieving Safety Excellence: 6 Keys to Success
Workplace accidents and the heavy burden of workers' compensation costs are universal problems. Yet, select companies and organizations continually shine as workplace safety leaders. Their excellent safety results are consistent despite industry hazards,...
A Lasting Legacy
Anita Benedetti, deputy executive director of the Risk and Insurance Management Society, Inc., passed away after a long battle with cancer on August 13 at the age of 47. Her many contributions and accomplishments stand out over an 18-year career at RIMS....
A Lasting Legacy
Anita Benedetti, deputy executive director of the Risk and Insurance Management Society, Inc., passed away after a long battle with cancer on August 13 at the age of 47. Her many contributions and accomplishments stand out over an 18-year career at RIMS....
A Safety Net for Goods in Transit
While traveling through Argentina, a tractor-trailer carrying ultrasound equipment was hijacked. Police later found the truck with the cargo still aboard, but $900,000 in microchips were missing. As companies engage in world trade, goods are more...
Background Checking: Reducing Workers' Compensation Claims
Fraud and reinjury cost employers billions of dollars each year in workers' compensation claims. Fraud alone costs U.S. companies over $5 billion annually,according to the National Insurance Crime Bureau. Additional research shows that employees who...
Captives Continue to Evolve
Nearly 10 years after a hard casualty market contributed to widespread acceptance of captives, their role continues to evolve in response to soft market conditions and electronic communications. To explore these and other trends shaping the role of...
Controlling Workers' Compensation Costs: Middle Market Firms Making Inroads
Driven by escalating workers' compensation costs, second only to payroll as the top expense on an employer's balance sheet, a growing number of middle market companies are taking control. Because every dollar spent on an injured worker can quickly...
Drafting the New Chapter: Workers' Compensation in Canada
Driven by current economic realities and inefficient administration, a new chapter is being written in the history of workers' compensation in Canada. Most people studying the system seem to agree on what is wrong with it, and the authorities have certainly...
Employees Overseas: SOS
Attitudes toward expatriate assignments have changed significantly in recent years. No longer are overseas postings considered a rare or fortunate possibility. With the dramatic increase in foreign investments and joint ventures, many corporations...
Going Global: What You Can Expect
Probably the most talked about misadventure in international travel rests with using the phone. Honestly, do you know anyone who has mastered the various phone systems in foreign countries? Even if you can figure out how to use the phone, that doesn't...
Health and Safety Roundup
Accessing the Internet allows risk managers to take advantage of a vast array of occupational safety and health resources from companies, universities and professionals around the globe. One of the best starting points is OSHWEB (http://turva.me.tut.fi/~oshweb/),...
Insurance Fraud: The Quiet Catastrophe
The perception of fraud can be as variable as its effects. Some companies may not pay as much attention to a padded claim as an accident that never happened. Whatever the degree of frequency or severity of financial loss per occurrence, fraud is a financial...
Latin America Attracts Global Attention
The elimination of restrictive trade barriers and insurance regulations is paving the way for rapid economic growth throughout Latin America. Ongoing market reforms, increasing demand for insurance coverage and an influx of international investment are...
Market Update: Latin America Attracts Global Attention
On going market reforms, increasing demand for insurance coverage and an influx of international investment are among the factors driving growth in Latin America and making the region one of the fastest-expanding areas of the global economy. "Latin...
Middle Market Firms Making Inroads: Controlling Worker's Compensation Costs
Driven by escalating workers' compensation costs, second only to payroll as the top expense on an employer's balance sheet, a growing number of middle market companies are taking control. Because every dollar spent on an injured worker can quickly swell...
Obtaining a World of Resources: Health and Safety Roundup
Accessing the Internet allows risk managers to take advantage of a vast array of occupational safety and health resources from companies, universities and professionals around the globe. One of the best starting points is OSHWEB (http://turva.me.tut.fi/oshweb/),...
Remaining Relevant in Soft Markets: Captives Continue to Evolve
Nearly 10 years after a hard casualty market contributed to widespread acceptance of captives, their role continues to evolve in response to soft market conditions and electronic communications. To explore these and other trends shaping the role of captive...
RIMS Cooperating in Market Liberalization
Cooperation is a critical part of conducting international business successfully. Whether our organizations are participating in joint ventures or establishing international operations, risk managers must work closely with senior executives, subsidiary...
Risk Management in Latin America
As global trade creates new exposures in Latin America, ALARYS is promoting risk management. As risk management practitioners gather in Buenos Aires on October 27-30 for the second biennial conference held by the Asociacion Latinamericana de Administradores...
Risk Management in Latin America: As Global Trade Creates New Exposures in Latin America, ALARYS Is Promoting Risk Management
As risk management practitioners gather in Buenos Aires on October 27-30 for the second biennial conference held by the Asociacion Latinamericana de Administradores de Riesgos y Seguros (ALARYS), organizers hope the benefit of the exchange of ideas...
The Quiet Catastrophe
The perception of fraud can be as variable as its effects. Some companies may not pay as much attention to a padded claim as an accident that never happened. Whatever the degree of frequency or seventy of financial loss per occurrence, fraud is a financial...
The Second Latin America Risk and Insurance Management Conference
Risk management and insurance professionals gathering in Argentina for the second international conference sponsored by ALARYS (the Asociacion Latinamericana de Administradores de Riesgos y Seguros) will discuss the latest developments in a rapidly changing...
Unlock the Power of Global Risk Management
RISK MANAGEMENT HAS NEVER BEEN confined by geographic boundaries. Risk is risk wherever it is-and it is up to the risk manager to protect the organization's assets, wherever they may be. Which is not to say that there won't be obstacles along the way....
What You Can Expect
Part of the frustration that risk managers can encounter overseas comes from the fact that there's virtually no information to guide them. Probably the most talked about misadventure in international travel rests with using the phone. Honestly, do you...
Workers Compensation a l'Europe
Prussian Chancellor Otto von Bismarck (1815-1898) is a well-known historical figure best remembered for starting the unification process in Germany. What is less known is the fact that he also served as a father of European social security. Although...
Workers' Compensation a l'Europe
Prussian Chancellor Otto von Bismarck (1815-1898) is a well-known historical figure best remembered for starting the unification process in Germany. What is less known is the fact that he also served as a father of European social security. Although...
Workers' Compensation in Canada: Drafting the Next Chapter
Driven by current economic realities and inefficient administration, a new chapter is being written in the history of workers' compensation in Canada. Most people studying the system seem to agree on what is wrong with it, and the authorities have...