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. 54, No. 3, March

Counter-Fights on Counterfeits
eBay is under attack. Last September the online auctioneer was hit with a lawsuit by Louis Vuitton Moet Hennessy (LVMH), asking over $50 million in damages for counterfeit goods sold through the site. LVMH alleges that eBay does not do enough to restrict...
Danger! the Legal Duty to Warn and Instruct
Warning labels are often ridiculed for stating the obvious, such as telling users that their cup of hot coffee contains hot coffee. The reality, however, is that these labels serve a critical function no risk manager would do without. But can...
Datebook
Client and Insurance Broker Relations March 9-10, 2006; Vancouver, BC This workshop is designed for risk professionals who seek to improve their understanding of the working relationship between the risk manager and the insurance broker. It covers...
Datebook
Client and Insurance Broker RelationsMarch 9-10,2006; Vancouver, BCThis workshop is designed for risk professionals who seek to improve their understanding of the working relationship between the risk manager and the insurance broker. It covers the role...
Don't Feed the Bears
In 2003, self-styled wildlife preservationist Timothy Treadwell was killed and eaten by a grizzly bear in Alaska. Treadwell had lived in close contact with Alaskan grizzlies--alone, unarmed and untrained for dealing with these animals--for 13 summers...
Gold Diggers & Playa Haters
More than simply a form of music, hip hop has become an indelible part of popular culture. As a result, more and more companies are looking to today's rap stars to be spokespeople for their products in the hope that they can reach this valuable market...
New Orleans, through My Eyes
As you may already know, RIMS 2007 comes to New Orleans from April 29 to May 3. It is understandable that some people may view this location with trepidation, given the devastation that Hurricane Katrina visited upon the city in 2005. When I was planning...
Port Security Put to the Test
Just weeks into 2007, security at the Port of Miami was put to the test as two separate terrorist scares were reported. An 18-wheeler loaded with electrical supplies tried to slip through a security checkpoint sparking fears of terrorism at one...
Risk Reporter
www.RIMS.org/riskwireCounter-fights on CounterfeitseBay is under attack. Last September the online auctioneer was hit with a lawsuit by Louis Vuitton Moet Hennessy (LVMH), asking over $50 million in damages for counterfeit goods sold through the site....
Roots in Risk Management
Mitzi Sheffield Dykes' journey to a career in risk management started out as a family affair. Growing up in a military family, Dykes often moved when she was a child. Although born in Georgia, she spent a great deal of her youth in Florida. There she...
Safety First
In June 2006, the multi-billion dollar, metal processing company Worthington Industries, Inc. launched a new initiative to recognize the achievements of employees who have contributed to the corporate safety program. The new program, Safe Works, honors...
Taking ERM to the Next Level
As the leading voice in the risk management profession, RIMS has been a strong proponent of ,enterprise risk management (ERM), from the ERM Center of Excellence at www.RIM5.org to the strong ERM-related content at the RIMS conference, as well as within...
The Asset ReVolution
Although economic volatility can have many causes, it has historically been most common in those periods of adjustment when a new class of assets with unknown and unfamiliar risks becomes incorporated into the economy. That time is now.At the time of...
The Asset Revolution: Although Economic Volatility Can Have Many Causes, It Has Historically Been Most Common in Those Periods of Adjustment When a New Class of Assets with Unknown and Unfamiliar Risks Becomes Incorporated into the Economy. That Time Is Now
At the time of the Commercial Revolution during the 17th and 18th centuries, there were several notable episodes of economic volatility associated with growing international trade--the most infamous of which was the South Sea bubble. The South Sea...
The Virtual Insurance Company
The risk management bar has been raised for all companies in the post-Enron, post-Sarbanes-Oxley environment. Under the recently promulgated Section 303A of the listed company manual of the New York Stock Exchange, audit committees are required to...
WARZONE: The North Hollywood Shootout, 10 Years Later
A DECADE AGO, TWO GUNMEN ROBBED THE NORTH HOLLYWOOD BRANCH OF THE BANK OF AMERICA AND TOUCHED OFF A GUNFIGHT WITH THE LAPD THAT REMAINS ONE OF THE BLOODIEST DAYS IN U.S. LAW ENFORCEMENT HISTORY. WHAT LESSONS WERE LEARNED FROM THAT TERRIBLE DAY, AND HOW...
War Zone: The North Hollywood Shootout, 10 Years Later: A Decade Ago, Two Gunmen Robbed the North Hollywood Branch of Bank of America and Touched off a Gunfight with the LAPD That Remains One of the Bloodiest Days in U.S. Law Enforcement History. What Lessons Were Learned from That Terrible Day, and How Might a Repeat of It Be Avoided?
February 28, 1997. Los Angeles policeman Loren Farell and his partner Martin Perello were minutes into their daytime patrol as they drove past the North Hollywood branch of the Bank of America on their way to one of the five calls they had received...