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. 49, No. 9, September

A Global Definition of Terrorism
Global Perspectives departments As more countries adopt state-sponsored pools, the patchwork of terrorism definitions in their charters could multiply. If this occurs, the potential for confusion and conflict intensifies, and commercial enterprises that...
A Global Definition of Terrorism. (Global Perspectives)
As more countries adopt state-sponsored pools, the patchwork of terrorism definitions in their charters could multiply. If this occurs, the potential for confusion and conflict intensifies, and commercial enterprises that operate across borders will...
Crisis Management Series: Creating Crisis Management Teams
This month's article focuses on the members of the team that deals with crises, from preparation to aftermath. Next month: The technological tools to manage a crisis. Every crisis management program begins with a competent crisis management team. This...
Crisis Management Teams. (Creating)
Every crisis management program begins with a competent crisis management team. This serves as the organizational backbone for crisis planning and response. The team is composed of several key figures, each with specific duties before, during and after...
Datebook
Conferences SEPTEMBER 17 SAN FRANCISCO THE SELF-INSURANCE INSTITUTE OF AMERICA'S NATIONAL EDUCATIONAL CONFERENCE SIIA's 22nd annual conference and expo will explore issues in the self-insurance and alternative risk transfer industry. Educational...
D&O Market Fallout
In recent months, corporate America has seen a blizzard of activity regarding securities class actions, fraud and accounting scandals, plummeting investor confidence and calls for legislation against corporate malfeasance. Thanks to companies like WorldCom,...
D&O Market Fallout. (Details)
In recent months, corporate America has seen a blizzard of activity regarding securities class actions, fraud and accounting scandals, plummeting investor confidence and calls for legislation against corporate malfeasance. Thanks to companies like...
Environmental Obligation
Risk Reporter In a debate over the allocated sums approach to determining coverage for environmental clean-up, Akron, Ohio-based Goodyear Tire cSt Rubber Co. heralded a June victory in court over its insurers. On June 26, 2002, the Ohio Supreme court...
Environmental Obligation. (Risk Reporter)
In a debate over the allocated sums approach to determining coverage for environmental clean-up, Akron, Ohio-based Goodyear Tire & Rubber Co. heralded a June victory in court over its insurers. On June 26, 2002, the Ohio Supreme court ruled in...
Enviroterrorism: Part II
Rules & Regulations departments As the country reevaluates its vulnerability to terrorist threats, it confronts the possibility of biological, chemical or radiological agents being deliberately released into the environment, a threat known as enviroterrorism....
Enviroterrorism Part II. (Rules & Regulations)
As the country reevaluates its vulnerability to terrorist threats, it confronts the possibility of biological, chemical or radiological agents being deliberately released into the environment, a threat known as enviroterrorism. Individual companies...
Executive Perspective: John Sinnott, Chairman & CEO, Marsh Inc
Risk Management Magazine spoke with John Sinnott, chairman and CEO of New York-based insurance broker Marsh Inc., recently about evolving leadership styles, the lessons learned from September 11, understanding corporate culture and what kind of risk...
Executive Perspective: Patrick Ryan, Chairman & CEO, Aon Corporation
This summer, spoke with the chairman and CEO of Chicagobased insurance broker Aon, about whether corporate America needs new leadership, his response to September 11, the key to organizational unity and strength, the role of risk management today and...
Kidnapped: Protecting Executives Abroad
Kidnapping. It is every executive's unspoken fear when traveling to Latin America, the Middle East and Southeast Asia, where kidnap-for-ransom schemes are a big business that is growing by the day. But these executives can limit the risk of being...
Liabilities for Corporate Executives
Whether or not a candidate chooses to take the job as a corporate director or officer at a particular company may be significantly affected by his or her potential exposure to personal liability After all, in recent years, personal liability for directors...
Mergers and the Claims-Made Policy
Are you covered for claims that surface after the merger? Six months ago, your company bought out a smaller competitor. Yesterday, an employee of that company who was laid off after the acquisition filed suit. Only now do you discover that eight months...
Mergers and the Claims-Made Policy: Are You Covered for Claims That Surface after the Merger?
Six months ago, your company bought out a smaller competitor. Yesterday, an employee of that company who was laid off after the acquisition filed suit. Only now do you discover that eight months ago, he filed a complaint with the Equal Employment Opportunities...
Notes
There is no Spanish translation for the English word "commitment." So Rodrigo Jordan, founder of Vertical SA in Chile, must rely on his second language to use what he calls "this perfect word." Jordan has a pointed understanding of these three syllables;...
Post-9/11 Discrimination
Before September 11, the discrimination programs that Jeffrey Pasek helped his corporate clients implement focused on racial issues. But since the attacks, a spike in claims of workplace discrimination against Muslims and Arab-Americans has changed the...
Post-9/11 Discrimination. (Risk Reporter)
Before September 11, the discrimination programs that Jeffrey Pasek helped his corporate clients implement focused on racial issues. But since the attacks, a spike in claims of workplace discrimination against Muslims and Arab-Americans has changed...
Remember
A typical Tuesday in Las Vegas on September 11, 2001 and I am on my way to work in the morning. The radio tells me of the atrocity and horror that has happened in New York, Washington, D.C. and Pennsylvania. My first thought goes to my family. I call...
Remember. (Executive Forum)
A typical Tuesday in Las Vegas on September 11, 2001 and I am on my way to work in the morning. The radio tells me of the atrocity and horror that has happened in New York, Washington, D.C. and Pennsylvania. My first thought goes to my family. I call...
Risk Management Magazine Spoke with John Sinnot, Chairman and CEO of Hew York-Based Insurance Broker Marsh Inc., Recently about Evolving Leadership Styles, the Lessons Learned from September 11, Understanding Corporate Culture and What Kind of Risk Managers Will Succeed in Tomorrow's Risk Environment. (Executive Perspective: John Sinnott Chairman & CEO Marsh Inc.)
RM: Is there a leadership crisis looming? John Sinnott: That's a rather broad statement. I suppose in certain companies that's true. But I don't think you can apply that in any way across the board for business throughout America. Unfortunately,...
The Liability of Employee Drug Testing
Jeffrey Braff, a partner at the Philadelphia law firm Cozen O'Connor, was holding a seminar for employers on avoiding workplace violence when he asked the participants how many of them tested employees for drug use. "Half of the people raised their hands,"...
The Liability of Employee. (Drug Testing)
Jeffrey Braff, a partner at the Philadelphia law firm Cozen O'Connor, was holding a seminar for employers on avoiding workplace violence when he asked the participants how many of them tested employees for drug use. "Half of the people raised their...
This Summer, Risk Management Magazine Spoke with Patrick Ryan, the Chairman and CEO of Chicago-Based Insurance Broker Aon, about Whether Corporate America Needs New Leadership, His Response to September 11, the Key to Organizational Unity and Strength, the Role of Risk Management Today and Its Challenging Future Ahead. (Executive Perspective: Patrick Ryan Chairman & CEO Aon Corporation)
RM: Is a leadership crisis looming? Patrick Ryan: When we go through periods of dramatic change, like we have been, there are challenges, but I wouldn't say there's a leadership crisis. RM: So you do not think leadership changes need to be made?...

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