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. 55, No. 3, March

Boeing's Dreamliner Still Grounded
Commercial aircraft that rely heavily upon automated flight decks and other technological flight aids have been the industry standard since the late 1980s, but a new twist on technological safety has put hackers in the spotlight--even at 36,000 feet....
Credit Risk Issues 2008
In an increasingly networked economy, distress can quickly send shockwaves up and down the supply chain. And few things are more distressing than whether you are going to get paid. As fear rises, people tend to dig in further and become more risk averse....
Datebook
Global Risk Management SummitMarch 2-4; Coral Gables, FLThis Institutional investor-sponsored event will focus on "Global Risks: Solutions for Multinational Firms," and examine issues and solutions for both regional needs as well as the major insurance...
First, Do No Harm
Last year, a Center for Disease Control (CDC) study revealed that the "superbug" that has been afflicting hospitals is actually twice as deadly as previously thought. With more than 19,000 Americans killed in 2005 alone, the drug-resistant MRSA (methicillin-resistant...
Gauging Green
The Vital Questions of an Environmental Risk AssessmentFor years, businesses have been told that they must become green, but not how to do it. To promote growth and maximize profits, companies must proactively evaluate every aspect of their operations...
Gauging Green: The Vital Questions of an Environmental Risk Assessment
[ILLUSTRATION OMITTED] For years, businesses have been told that they must become green, but not how to do it. To promote growth and maximize profits, companies must proactively evaluate every aspect of their operations and ask the vital questions....
Identity Theft: Helping Employees Find Themselves
According to the Federal Trade Commission, there are now more than 10 million identity theft victims in the United States each year, costing the country upwards of $50 billion. For each victim, it takes between 30 to 60 hours to clear his or her name,...
Identity Theft: Helping Employees Find Themselves
According to the Federal Trade Commission, there are now more than 10 million identity theft victims in the United States each year, costing the country upwards of $50 billion. For each victim, it takes between 30 to 60 hours to clear his or her name,...
Natural Resource Damages: A Sleeping Giant?
[ILLUSTRATION OMITTED] Anyone who operates a chemical, petrochemical or bulk petroleum terminal facility has likely encountered a natural resource damages (NRD) claim. But since NRD claims have historically only been assessed after a catastrophic...
New Ratings for Building Security Risks
Since September 11, 2001, risk managers have been especially concerned with what steps they should take to secure their facilities. There was no broad, flexible and simple mechanism available, however, to help risk managers determine how much protection...
News Rims
San Diego Wildfire RecoveryThe San Diego wildfires of 2007 caused more than $1 billion in damage to the city and forced thousands of evacuations. But the city's recovery has been remarkable and major efforts are underway to return the affected areas...
Nuclear Insecurity
When a video surfaced recently showing nuclear power plant guards asleep on the job, it seemed that Homer Simpson may have found his real-life counterparts. But federal regulators and nuclear plant owners were understandably not amused and the resulting...
Pandora's Box: Inheriting Unexpected Environmental Liability
[ILLUSTRATION OMITTED] Given the historically high merger and acquisition (M&A) activity in the United States throughout the last few years--with deal volumes surging to $1.1 trillion between January and July 2007--one might expect that business...
RIMS 2008 Attendee Tips
It is no secret that the RIMS 2008 Annual Conference & Exhibition is the premier event of the risk management calendar. But with so much to see and do, it can be overwhelming for the unprepared. To get the most from your experience, draft a solid...
Risk Management Solutions
For many, the purpose of risk management is to help others create value. Some risk managers achieve this goal by purchasing insurance to finance losses; others initiate safety projects to save lives. Both solutions are but a small sample of risk management...
The Globe Game
When I tuck my kids in every night, we play a game where one of them gets to decide in which direction I spin the family globe, and the other decides when I can put my finger down on it. Wherever my finger lands, I tell the kids something about that...
The Risk Intelligent CIO
Today's concentrated focus on information technology (and on those responsible for managing IT) continues to intensify. Barely a week goes by without a new security breach, system failure or data theft that sends the media scurrying, the analysts pontificating...
The Risk of Rogues
In 1995, rogue trader Nick Leeson racked up $1.4 billion in losses on unauthorized futures trades for the British bank Barings, resulting in one of the most dramatic bank failures in history. Determined to prevent this from recurring, banks adopted...
The Top Political Risks of 2008: An Axis of Instability
The political risk consultancy Eurasia Group recently released its report of the top political risks facing global markets and regional investors in 2008. This in-depth analysis, which can be read in full on Eurasia's website, predicts a turbulent...
The Top Political Risks of 2008: An Axis of Instability
The political risk consultancy Eurasia Group recently released its report of the top political risks facing global markets and regional investors in 2008. This in-depth analysis, which can be read in full on Eurasia's website, predicts a turbulent year...
When Activists Attack
Companies Square Off Against Animal Rights GroupsIn December 2006, the New York Stock Exchange announced that it would begin listing medical research company Life Sciences Research on its electronic trading platform, Arca. This was great news for the...
When Activists Attack: Companies Square off against Animal Rights Groups
[ILLUSTRATION OMITTED] In December 2006, the New York Stock Exchange announced that it would begin listing medical research company Life Sciences Research on its electronic trading platform, Arca. This was great news for the New Jersey research...