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. 40, No. 5, May

A Second Look at Single European Policies
Recently, much discussion has taken place with respect to the advantages of implementing a single policy approach in Europe under provisions afforded by the Second Non-life Directive. The benefits most often cited are consistency of coverage for all...
Case Studies in Kidnapping
As the following case studies from Control Risks Group attest, kidnappings and kidnapping attempts are committed for a wide variety of reasons and can occur anywhere in the world.THE UNITED STATESJohn Grundhofer, chairman of First Bank System Inc. in...
Countering the Threat of Kidnapping
For Exxon International President Sidneyj. Reso, the last days of life must have been agonizing. Abducted by a husband-wife kidnapping team, Mr. Reso lay in a tiny storage warehouse, tied, gagged and with a bullet wound to his arm. He died after four...
Executive Forum
As I look forward to the year ahead, never has it been so critical to continue down the path of governance created by all the dedicated individuals who have preceded me as president. I see my role as "team leader" mobilizing the energies of the Executive...
Globally Minded B.C. Chapter Weathers Rough Economy
Despite Canada's southwesternmost province having paid clearly as a result of repeated economic downturns, the British Columbia Risk and insurance Management Association, also known as the B.C. Chapter of RIMS, has persevered for over 30 years, branching...
Insurance Executives Recognize Global Needs
"Insurance buyers are driving the market for global programs, and insurers know they must provide them or perish." Service, service and more service appears to be the insurance providers' rallying cry to meet the challenges and opportunities presented...
Is Self-Administering Claims Right for You?
Ever more self-insured companies are evaluating the pros and cons of installing an in-house self-administered unit to process their workers' compensation claims. The potential benefits and costs of doing so need to be compared with the advantages -...
Managing Claims Exposure in Latin America
The North American Free Trade Agreement, the probable congressional "fast track" of a preferential trade agreement with Chile, the Clinton administration's declared intention to promote U.S. business abroad and a slow but steady economic recovery are...
On Shaky Ground? Earthquakes and the Insurance Industry
DATELINE: NORTHERN CALIFORNIA. At 2:00 p.m., a massive earthquake measuring 8.3 on the Richter scale - roughly the same magnitude as the catastrophic 1906 San Francisco earthquake - rocked this northern California region. The quake, whose epicenter...
Pre-Placement Strength and Endurance Testing
Many employers are concerned about the legal ramifications of screening employees. None wants to be charged with discrimination. Until recently, the principal concerns were sex and age discrimination in violation of the Civil Rights Act of 1964. However,...
Societal Systems and Risk Communication
The dialogue about risk in society can be seen as revolving around four essential groups or subsystems, each with its own view on risks, said Dr. Mattias Haller, professor of risk management at the Graduate School of St. Gallen in St. Gallen, Switzerland,...
Tax Ruling Effects for Insureds and Captives
Several recent U.S. tax Court decisions and Internal Revenue Service (IRS) rulings may have wide ranging implications for insureds and the owners of captive insurance companies. In December 1992, the IRS made available a list of "significant" issues...
The Restructuring of the Health Insurance Industry
With the Clinton administration leading the attack on health care reform, the business community is anxiously waiting to see what form these changes will take. Meanwhile, a recent study by Towers Perrin reveals that health insurance company chief executive...
Why Is Risk Controversial?
Cadmium is a very useful industrial metal, but in the United States during the last few years a bitter bureaucratic struggle has erupted over how to regulate the risks associated with processing it. According to an article in The Wall Street Journal,...