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. 37, No. 11, November

A Risk Manager's Guide to Managing Adjusting Fees
Kevin M. Quinley, CPCU, is vice president of risk services for Hamilton Resources Corp. in Fairfax, VA. Most risk managers buy adjusting services. Consequently, they are constantly seeking ways to manage and, wherever possible, cut these costs....
A Taxing Problem for Insurers and Policyholders
A federal tax on goods and services sold in Canada which takes effect jan. 1 will have an unfair and burdensome impact on property/ casualty insurers and policyholders, according to conference speakers. Under the Goods and Services Tax (GST) law, Canadian...
Audits of TPAs Reveal Common Mistakes
Olan A. Hembree jr. is a vice president and the manager of the claims consulting division of Walston & Associates, an insurance consulting firm in Atlanta. Companies that self-insure C their workers' compensation policies often hire outside...
Behind the Scenes of the Workers' Comp Crisis
David S. Iskowe is executive vice president and chief operating officer and Stryker Warren Jr. is president and chief executive officer for FOCUS Healthcare Management Inc. in Brentwood, TN. Jeffrey S. Harris, M.D., president of Harris Associates in...
Benefits Planning for the 21st Century
Perhaps never in this century has the pace of worldwide change been so dizzying as in the last year. As the European Economic Community lumbers inexorably toward union in 1992 and Communist dictatorships fail in the East, the buzzword of globalization...
Canadians Stress a Cleaner Environment
Environmental issues were at the top of the agenda during last month's RIMS Canadian Risk Management Conference in Montreal. With 770 participants, the largest risk management gathering ever in Canada, the conference opened with a welcome from chairwoman...
Changes in the European M&A Scene
Chris F. Best is editor of Foresight, a London-based insurance and risk management journal published by Risk and Insurance Group Ltd. After 16 years of deliberation, an important building block in the construction of a single European market was...
Communicating with Employees - a Global Strategy
Modern technology in the form of satellite links, electronic mail and sophisticated computer graphics make global communication not just a reality but a necessity for many companies. According to Kevin Shilling, a senior communications consultant...
Court Considers Premium Payments to Captive
P. Bruce Wright is a member of the New York Bar. He is also a member of the law firm LeBoeuf, Lamb, Leiby and MacRae. In the 1990 Gulf Oil Corp. v. Commissioner case, the 3rd Circuit Court considered the 1987 U.S. Tax Court decision, which effectively...
Directors and Officers: Only Qualified Need Apply
"'Why Sane People Shouldn't Serve on Public Boards,"' read Daniel Bailey from the title of a recent Harvard Business Review article. The partner with the law firm Arter & Hadden in Columbus, OH, began the seminar, "Directors' & Officers' Liability-Loss...
Effective Risk Management through Loss Control
J.A. Tony Bridger, until recently risk and insurance manager for Canada Packers inc. in Tornto, is risk manager for the Bank of Montreal in Toronto. He also serves as vice resident-business and industry liaison for RIMS. Historically, corporations...
Fighting Crime with Statistics and Loss Reporting
Robert M. Figlio, Ph.D., is president of CAP Index, a King of Prussia, PA-Fased company that provides crime in formation to businesses. Ira S. Somerson, CPP, is president of Loss Management Consultants, a security consulting firm in Plymouth Meeting,...
Handing Down Decisions on Legal Expenses
Hal O. Carroll is a practicing attorney and president of The Carroll Group, a litigation and management consulting firm in Ann Arbor, MI. Legal expenses have long been been one of the most difficult business costs to control. Companies and governmental...
International Policies Hampered by European Obstacles
Despite the implementation of the Freedom of Services Directive on July 1, risk managers have yet to see the removal of all barriers to designing a European-wide insurance program. The directive allows a company, including an insurer, headquartered...
Merging Information Systems for Risk and Benefits Managers
David A. Tweedy is a senior consultant with Betterley Risk Consultants Inc. in Worcester, MA. The word "merger" conjures up many images. To those who have suffered from merger-mania during the 1980s, the word has such negative implications as disorientation,...
RMs Explore the Failures of Workers' Comp
As the first year of the new decade comes to a close, risk managers still find themselves faced with uncertainties. It was with this in mind that the Cincinnati RIMS Chapter sponsored the recent North Central Regional Conference, "Entering the "90s-Are...
Superfund Liability Debated
American companies cannot afford not to pursue environmental coverage with their insurers, according to Tracy Makow, an attorney with Anderson, Kill, Olick & Oshinsky in New York. "You owe it to your shareholders and to yourself to pursue this...
Virginia Chapter Discusses Industry Trends
Many of the problems corporate risk managers face today are too complicated for an immediate solution. Yet risk management is a dynamic field and trends are constantly emerging, as evidenced by the educational conference in Richmond, VA, Oct. 3-5 sponsored...
Walgren Thinks Some Federal Regulation Is Likely
Some degree of federal regulation of the insurance industry appears likely, according to Rep. Doug Walgren, D-PA. Although admitting that he is new to the insurance legislative arena, Rep. Walgren also offered other insights into key industry issues...
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