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. 39, No. 9, September

A New Era for Hospital Liability
LIKE OTHER PRIVATE CHARITABLE INSTITUTIONS, HOSPITALS WERE ONCE IMMUNE FROM LIABILITY IN TORT UNDER THE JUDICIAL DOCTRINE OF CHARITABLE IMMUNITY. PATIENTS INJURED IN THE COURSE OF MEDICAL TREATMENT COULD SUE PHYSICIANS FOR DAMAGES, BUT NOT THE HOSPITALS....
A New Frontier for Health Care Risk Management
Imagine the year is 1952 and a young patient is undergoing a tonsillectomy in a small city hospital. One doctor and perhaps five nurses provide all the care the patient needs during the brief stay, including anesthesia and administering the three or...
Conference Highlights
Risk managers explore challenges on the Asia-Pacific business scene As COMPETITION IN the global marketplace grows fiercer, companies will increasingly look to untapped markets in every comer of the world for business opportunities. Because this...
Expert Systems for Risk Management
WITHIN THE RISK MANAGEMENT community, there has been an explosion of interest in expert systems. These modern computer systems attempt to formalize the decision-making used by experts in a given field. In constructing an expert system, system designers...
Helping Direct Self-Directed Plans
IN DAYS GONE BY. retirement planning was a simple affair. Companies provided their employees with demed benefit pension plans, which guaranteed the amounts of the payments that were made at retirement. With these plans, employees were free from having...
Intelligencer: Spotlight on the Washington Chapter
Who would have thought it possible some 30 years ago that a small group of individuals from the Seattle area could pioneer a chapter and propel it into the national spotlight by producing not just one, but three RIMS national presidents? But that's just...
Maintaining HPR with New Technology
FROM MANAGING AN OFFICE TO operating a manufacturing plant or running virtually any kind of business, technology has transformed the business world. New technological developments have resulted in faster, more efficient manufacturing processes and...
Nursing Liability: Critical Issues in the Emergency Department
The care of critically ill patients in the emergency department can be an exciting challenge. Although physicians rather than nurses may be the ones to ultimately decide on the method of care for patients, emergency department nurses can be faced with...
One Company's Success with HPR
FOR TODAY'S RISK MANAGERS, the idea of effective sprinklers and non-flammable cardboard is something to be taken for granted. It seems inconceivable that there was once a time when companies protected warehouses against fire with no more than a fire...
Reinsurance in Latin America Comes Full Circle
THE ULTIMATE demise of Argentina's Instituto Nacional de Reaseguros (INdeR) in April 1992 marks the end of 40 years of reinsurance monopoly held by an official organization whose collapse began in the early 1980s. INdeR was one of the last of a long...
Reinsurance in Latin America Comes Full Circle
The ultimate demise of Argentina's Instituto Nacional de Reaseguros (INdeR) in April 1992 marks the end of 40 years of reinsurance monopoly held by an official organization whose collapse began in the early 1980s. INdeR was one of the last of a long...
Singapore: A Center for Global Trade and Business
ONCE REGARDED exclusively as an exotic port city, today's Singapore is also a bustling, hi-tech business center. Gleaming modern high rises juxtapose picturesque ancient temples, a sign of the cultural diversity that is Singapore's hallmark. This gentle,...
Singapore Sights
Culture and beauty bring out the tourist in any business traveler FOR AN ISLAND ITS small size, Singapore is not lacking in activities for tourists. Located on the southern tip of Malaysia, Singapore is home to a melange of diverse peoples -- Chinese...
Spotlight on the Washington Chapter
WHO WOULD HAVE thought it possible some 30 years ago that a small group of individuals from the Seattle area could pioneer a chapter and propel it into the national spotlight by producing not just one, but three RIMS national presidents? But that's...
The Emergence of Health Care Risk Management
THE COMPLEXITY AND INTERRElatedness of many functions in health care have helped redefine the risk manager's role. Consequently, one individual's title and job responsibilities at a large teaching hospital in New York City may have expanded over several...
The Rise of Financial Risk Management
OVER THE PAST decade, risk managers have witnessed both a greater acceptance of their discipline as well as a greater willingness on the part of companies to employ the term "risk management." In the banking and finance industry, however, these attitudinal...
The Savings Potential of 24-Hour Coverage
IN TODAY'S BUSINESS ENVIronment, many organizations are grappling with both the exorbitant costs and administrative difficulties associated with maintaining health care plans and workers' compensation. However, a novel approach to this problem has...
The Truth Behind 24-Hour Coverage
ENVISIONED BY SOME observers as a sure-fire way to reap savings, the socalled 24-hour care plans are one of the most widely discussed issues on today's benefits scene. In principle, 24-hour plans are designed to reduce the high costs associated with...
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