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. 44, No. 12, December

A Wolf in the Cabbage Patch?
John Pinner was home on Christmas holiday last year, watching TV with his family, when he first learned about the Cabbage Patch doll that a consumer claimed had eaten a young girl's hair. As assistant treasurer with responsibility for risk management...
Conrail's Answer to Data Dump
The freight railroad industry is heavily regulated, and Conrail, an industry leader with operations in the northeastern United States and Canada, is no exception. The company is inundated with regulations promulgated by the Federal Railway Administration,...
Continental Takes Safety to New Heights
Continental Airlines reduced its workers' compensation costs by 45 percent and its injury rate by 54 percent over the past two years. Adam W. Potter, managing director of ground safety and risk management, and Continental's risk management department...
Costomized Coverage: How a New Policy Form Was Born
Sometimes when the marketplace isn't meeting your needs, you have to go out and create your own product. That's what William J. Kelly, a managing director of J.P. Morgan, did this year in establishing a new global catastrophe policy form for financial...
Customized Coverage: How a New Policy Form Was Born
Sometimes when the marketplace isn't meeting your needs, you have to go out and create your own product. That's what William J. Kelly, a managing director of J.P. Morgan, did this year in establishing a new global catastrophe policy form for financial...
Editor's Prerogative
EACH ONE OF US CAN PROBABLY RECALL A time when we weren't involved in the insurance and risk management community It might be hard...but think back to a time when insurance was what people bought for their homes and cars; when broker and risk were terms...
Fixing Broken Bucks: Fidelity Proposes New Captive Use
In its ongoing quest to finance risk in the most efficient manner, Fidelity Investments is seeking approval from U.S. regulators for a groundbreaking captive designed to address an industry-specific risk. If approved by the Securities and Exchange...
Ghostly Tales of Opportunities for Change: A Legislative Carol
Tort reform was dead, to begin with. There was no doubt about that. Superfund reform, OSHA reform and all those state reforms-all dead as doornails. Ebenezer Scrooge, ARM, had heard colleagues talking about those issues, but nothing had ever changed....
Integrated Disability Programs Improve Productivity
When a worker is injured on the job, companies that are aggressive in their efforts to return the employee to the workplace demonstrate a concern for the welfare of the worker and for the company's bottom line. The results of a new survey, conducted...
Integrating Risk-Really
Integrated risk management isn't just a buzzword at University of California, Davis, it's a reality. A comprehensive partnership combining expertise from risk management-workers' compensation, employee health and other departments-has reduced injury...
Integrating Risk - Really: Partnership Thrives at UC Davis
Integrated risk management isn't just a buzzword at University of California, Davis, it's a reality. A comprehensive partnership combining expertise from risk management -- workers' compensation, employee health and other departments -- has reduced...
Involvement Paves Way for Reform
A lot of employers overlook their ability to influence local, state, provincial or federal legislation. However, for a number of other companies, such as Martin Gas Corp. of Kilgore, Texas, statehouse victories have come from a strong commitment to...
Keeping the Desert Dry
Palm Springs is among a growing number of municipalities at the forefront of privatization. While the city still manages its police and fire departments, its wastewater treatment facility and airport, Palm Springs has leased the management of its...
Lifelong Learning
Online Professional Development Resources Given the Internet's roots and its long-standing use in academic institutions, it's little wonder that there are a variety of online resources available for members of the risk management community interested...
Lifelong Learning: Online Professional Development Resources
Given the internet's roots and its long-standing use in academic institutions, it's little wonder that there are a variety of online resources available for members of the risk management community interested in pursuing educational opportunities....
Litigation Management
Runaway defense costs and surprisingly large settlements are more often signs of ineffective litigation management than unfavorable laws or jurisdictions, according to Mick McGavin, manager of safety planning and claims for Johnson Controls, Inc.,...
Maintaining Momentum: How Lands' End Kept Packages Moving
When the International Brotherhood of Teamsters declared a strike against United Parcel Service on August 4, the resulting two-week shutdown of the largest parcel carrier in the United States wreaked havoc on companies unable to ship products, receive...
Maintaining Momentum: How Land's End Kept Packages Moving
When the International Brotherhood of Teamsters declared a strike against United Parcel Service on August 4, the resulting two-week shutdown of the largest parcel carrier in the United States wreaked havoc on companies unable to ship products, receive...
Midwest Rising
Compounded by late winter storms, the rising Red River forced evacuations and threatened homes and businesses in the upper Midewest and souther Manitoba in March and April of 1997. Here's how one electrical utility raced to restore service in the...
Pittsburgh Gives It Their Best
In December the Pittsburgh chapter of RIMS will publish its long-awaited Risk Management Best Practices. You may not see it at Barnes & Noble, but this compendium of how-tos prepared by members of the Pittsburgh insurance community is sure to be...
Risk Management Connectivity: Building Bridges
You can ask anybody; this bridge isn't just any old bridge. The Confederation Bridge spans the turbulent Northumberland Strait, connecting the provinces of New Brunswick and Prince Edward Island. The Canadian Constitution provided for just such a...
Risk Management: Connectivity Building Bridges
You can ask anybody; this bridge isn't just any old bridge. The Confederation Bridge spans the turbulent Northumberland Strait, connecting the provinces of New Brunswick and Prince Edward Island. The Canadian Constitution provided for just such a project...
Risk Management on Parade
Three years ago, Disney selected the location of the All-Star Game at Pittsburgh's Three Rivers Stadium to premiere its movie, Angels In The Outfield, using the latest in film technology -- it was projected onto three large screens in the open air...
Risk Management: On Parade
Three years ago, Disney selected the location of the All-Star Game at Pittsburgh's Three Rivers Stadium to premiere its movie, Angels In The Outfield, using the latest in film technology-it was projected onto three large screens in the open air above...
Risk Manager Applies Quality Approach: Litigation Management
Runaway defense costs and surprisingly large settlements are more often signs of ineffective litigation management than unfavorable laws or jurisdictions, according to Mick McGavin, manager of safety planning and claims for Johnson Controls, Inc., in...
Several Trends Influencing Risk Management: Future Success Stories?
As trends such as globalization, automation and deregulation change the way corporations operate, emerging exposures and new approaches to financing risk are influencing the way risk managers operate. At the annual MidAtlantic RIMS regional conference,...
Two Wrongs That Made a Right
When you go to a supermarket, there's a one-in-three chance that the tomato you buy is from the Pacific Tomato Growers, Ltd. and Triple E Produce Corporation. There's also a one-in-three chance that the tomato you eat at a restaurant is one of theirs....
Unscheduled Docking Riverwalk's Recovery
here's probably no good time for a ship to crash into a shopping mall, but when the grain-laden freighter Bright Field struck the Riverwalk mall in New Orleans on December 14, 1996, the timing couldn't have been much worse. Christmas was less than two...
Unscheduled Docking: Riverwalk's Recovery
There's probably no good time for a ship to crash into a shopping mall, but when the grain-laden freighter Bright Field struck the Riverwalk mall in New Orleans on December 14, 1996, the timing couldn't have been much worse. Christmas was less than...
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