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. 51, No. 12, December

Addressing Back Injuries
Occupational back injuries make up nearly a third of all workers' compensation claims payments, annually accounting for nearly 12 million lost work days and some 400,000 long-term disability claims. Half of all first time claimants are reinjured within...
Cat Bonds & Risk Modeling
Over the last decade, the insurance and reinsurance industry has developed a number of alternative risk transfer strategies to traditional reinsurance. Among these are what are known as "cat bonds," which transfer risk to the capital markets. According...
Cat Bonds & Risk Modeling
departmentsOver the last decade, the insurance and reinsurance industry has developed a number of alternative risk transfer strategies to traditional reinsurance. Among these are what are known as "cat bonds," which transfer risk to the capital markets....
Forming a Captive
When facing high premiums or a lack of commercial coverage, many organizations turn to a captive insurance as a solution. While captive insurers have solved a number of coverage issues, the most successful are those that have implemented some basic...
Into Thin Air: Preventing Wireless Data Theft
Nowadays, every well-organized executive has a PDA to keep track of appointments, receive e-mail and communicate with the company computer system. These devices can hold an enormous amount of information, including sales presentations, business contacts...
Locked Out
Kryptonite's imposing, U-shaped steel locks have long been considered the most secure bicycle locks on the market. But when an internet video recently surfaced showing that the lock can be picked by sticking the back of a Bic pen into the cylindrical...
Margins of Failure
On August 30, I took my family on our annual vacation to Cape Cod, in part because we had not yet made the trip, but mostly because I wanted to put some distance between myself and New York City, where this magazine is published. As you may recall,...
Northern Exposures
Unalaska, Alaska is an island in the middle of the Aleutian Chain, which stretches from the mainland into the Bering Sea. Eight hundred miles from the coast, its severe isolation has not precluded it from historical significance, however. For 9,000...
On Location: The Risks of Movie Production
When it comes to risk management, Hollywood certainly lives up to its reputation: There's no business like show business. At its core, producing a film is an inherent risk where millions of dollars are put into a project that depends on the opinion...
Outsmarting Art Thieves
On August 22, two masked men armed with pistols entered the Munch Museum in Oslo, Norway and in the midst of a crowd of Sunday-morning art aficionados, pulled two of Edvard Munch's most famous paintings, "The Scream" and "Madonna," from the wall, loaded...
Religion in the Workplace: Faith vs. Liability
When Risk Management Magazine covered religion in the workplace four years ago ("Divine Accommodation: Religion in the Workplace," October 2000), cases filed with the Equal Employment Opportunity Commission (EEOC) were on the rise. This trend has continued,...
Research-Related Injuries in Clinical Trials: Who Pays?
Pharmaceutical and medical device companies often reduce clinical trial liability costs by requiring test subjects to assume the burden of risk from the treatment. The key to this is using consent language such as: "Treatment for research-related injury...
The Fall of Converium
Demonstrating the awesome power of ratings agencies when coupled with negative quarterly earnings reports, beleaguered Swiss reinsurer Converium faces the prospect of significantly reduced business operations and is likely out of the North American...
Transportation Risk Mitigation: How Safe Are You?
Vehicular crashes that never happen offer little best practices information to the risk manager. What risk managers can do, however, is measure the typical driver behavior, events and incidents that often lead to a crash. They must measure driver behavior...
Workplace Fatalities
According to the latest Census of Fatal Occupational injuries conducted by the U.S Department of Labor, fatal workplace injuries remain at their lowest level since the annual census was first conducted in 1992. There were 5,559 fatal work injuries...
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