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. 58, No. 5, June

A History of Violence
Some two million people are victims of workplace violence each year in the United States, according to the National Institute for Occupational Safety & Health. Fortunately, most incidents are not life-altering. Some 1.3 million are what the Centers...
Behind the Music: How Music Festival Organizers Manage the Risks of Burning Man, Lollapalooza, Coachella and More
[ILLUSTRATION OMITTED] In December 1969, thousands of music lovers converged at Northern California's Altamont Speedway for a free festival that marked the end of the Rolling Stones' successful American tour. On the bill were Santana, Jefferson...
Caught in a Mosh
When I was younger, going to concerts was my favorite pastime. Living in the New York City area meant that rarely a week went by when I didn't have the opportunity to see some great artists on stage and I took advantage of it all. But looking back,...
Clamping Down on Kleptocrats: How Financial Institutions Can Help Stamp out Corruption
[ILLUSTRATION OMITTED] Even before political turmoil erupted in the Middle East and North Africa, the Department of Justice had ramped up enforcement initiatives against financial firms that failed to comply with anticorruption and anti-money laundering...
Data Security in the Age of WikiLeaks
[ILLUSTRATION OMITTED] Compliance has been key in driving companies to invest in digital security. But does heightened compliance always protect sensitive data? In many cases, the answer is no. One need not look any further than the latest WikiLeaks...
Evaluating Policies after Japan's Earthquake
Shock and tragedy were the emotions most felt throughout Japan when the March earthquake and tsunami ravaged the nation. But companies doing business there have since moved on to planning mode, looking for ways to mitigate their losses, both those...
Flying the Friendly ... Zzzzzz
I don't sleep much. It's not insomnia or anything like that--it's just that I don't like sleeping. More than six hours a night is rare and regardless of how late I went to bed, if I sleep past 7 a.m., I feel like I'm wasting the day. Even on weekends....
In Harm's Way: Evacuating Employees from the Middle East
[ILLUSTRATION OMITTED] The unrest occurring throughout the Middle East transformed business centers into virtual war zones. A company can do nothing to quell a revolution, but when the going gets tough, it's time for employees to get going--out...
Political Risk Insurance
When regimes fall, major business disruption results. enter political risk insurance. the types and terms of political risk policies can vary, however, often significantly. the following are common elements of coverage that risk managers should consider....
Risks of China's Clean Tech Revolution
China is quickly emerging as one of the top centers for the clean technology industry, attracting both global venture capital as well as multinational businesses in search of a low-cost manufacturing base. Venture capital investment in Asia increased...
The Intrinsic Beauty of Risk Management: How Art and the Discipline Converge
[ILLUSTRATION OMITTED] We gauge the value of our jobs in predictable ways. There is the salary we earn, the raises we view as milestones and the bonuses we receive. There is the title that precedes us and the corner office in which we sit (or hope...
The Lives of Workers
June is National Safety Month. For the American worker, this is a time to celebrate the progress made in employee safety over the past century but also a reminder that there is still much room for improvement. Looking back, some nine million immigrants...
The Risks of Hydrofracking: As the Nation Scrambles to Feed Its Insatiable Energy Demand, a Natural Gas Drilling Method Has Become Increasingly Popular. but Critics Say It Also Carries Significant Environmental Risks. Will Insurance Help Mitigate Exposure?
The process of high-volume horizontal hydraulic fracturing, or "hydrofracking," was first used commercially by Halliburton in 1949. It involves injecting millions of gallons of water, mixed with sand and chemicals, deep into the ground at high pressure...
Worldwide Water Woes
The topic of water scarcity has been on the minds of not only environmentalists but businesses, too. Coca-Cola made headlines in 2004 when local officials in Kerala, India, shut down a $16 million Coke bottling plant that some local citizens blamed...