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. 52, No. 1, January

A Bitter Pill for Merck
In the wake of its Vioxx recall last September, Merck & Co. has faced a host of lawsuits, speculation and other problems that have damaged its reputation. In the months after Vioxx was pulled from the market because its users showed an increased...
After the Dust Settles
During a catastrophic event, risk managers often focus on protecting the health and safety of personnel, preventing further facility damage, implementing an emergency response plan, stabilizing critical operations at alternative sites, communicating...
Buying Insurance: A Primer
For most of us, buying insurance is a fairly simple transaction. Whether it is coverage for a personal car, one's home, or even supplemental accidental death and disability, the process is pretty much the same: call an agent, state the need, get a...
Heavier Than Air
Add airlines to the growing list of those affected by the increased prevalence of obesity in the United States. A recent report in the American Journal of Preventive Medicine points out that jet fuel costs have risen in tandem with American weight...
Million-Dollar Smiles
Dental injuries are a common and serious risk faced by most people, and especially by children, athletes and certain classes of professionals likely to face physical confrontation (e.g., police, security officers). At the same time, lawsuits involving...
Natural Resource Damages: The Evolving Risk of Environmental Impairment Liability
Risk managers and insurance and reinsurance company executives who deal with environmental liability claims in the United States may have another tiger by the tail. The potential future impact of claims relating to natural resource damages (NRD) has...
Post-Employment Screening for MSDs
Musculoskeletal disorders (MSDs)--such as carpal tunnel syndrome, hand tendonitis and shoulder inflammation--cost the U.S. economy between $13 and $15 billion annually. As a result, many executives who promote MSD prevention need to look carefully...
Subrogation and Risk Management
The principle of subrogation plays an important role in effectively managing risk. Yet, the workings of this doctrine are frequently misunderstood, resulting in confusion, frustration and increased costs. In reality, the principle of subrogation...
Taming the Pricing Cycle
The pricing cycle in the commercial lines insurance market is continuing, but the new cycle may be less extreme. Strength of surplus will dampen the need for sharp premium increases, while concentration of business in a smaller number of carriers and...
Telling Your Story to Underwriters
If your company's risk management performance is below average, then you should cross your fingers and hope underwriters lump you into the "industry average" and quote your business as such. However, if your performance is above average, you obviously...
Terrorism in 2005
As this magazine goes to print, Congress will be deciding whether or not to extend the deadline for the Terrorism Risk Insurance Act (TRIA) beyond its 2005 sunset. Signed into law in 2002, TRIA provides a federal backstop to insurers in the event of...
What Are the Odds?
A phrase I hear a lot when people speak of losing vital personnel is "what if he got hit by a truck?" In other words, what happens if something unforeseen removes an important person from the picture? For businesses with "critical personnel"--the startup...