High-level executives often do not understand company risks: Analysis
A new report from Forbes Insights sponsored by Zurich Insurance Group Ltd. suggests that many executives don't understand their companies' exposure to risks or their strategies to manage them.
View ArticleSupply chain exposures are a natural fit for strategic risk management programs
With the critical role supply chains play in many companies' strategies, supply chain exposures are ideal candidates for consideration in a strategic risk management program.
View ArticleHuman resource issues present strategic risk management challenges
Companies are working to link human resource departments within the strategic risk management process to address talent and other human capital risks, but there's still a way to go toward connecting...
View ArticleInterest in strategic risk management grows, as boards push to adopt initiatives
Interest in strategic risk management is increasing, but obstacles remain at many organizations to successfully implement the approach to managing risks.
View ArticleFirms target reputational risks through strategic risk management
Considering potential threats to an organization's reputation as part of the strategic planning process can help reduce such risks and even position a company to enhance its reputation by allowing it...
View ArticleAnalytics, cheaper technology help risk managers with strategic planning
As they look to link risk management to their organizations' strategic planning, risk managers are increasingly finding various analytical tools and techniques that help them make better decisions and...
View ArticleInsurers weigh risks of new Kansas law allowing school workers to carry guns
Allowing public school employees to carry weapons on the job is getting the attention of insurers that cover school districts, though few districts have allowed teachers and administrators to carry...
View ArticleFlorida propane plant blast was likely accidental, fire chief says
(Reuters) — A propane gas plant explosion in central Florida that injured seven workers, including at least three critically, was most likely caused by an accident, the fire chief for the town of...
View ArticleKansas meatpacker recalls beef on contamination issues
(Reuters) — A Kansas meatpacker has recalled 50,100 pounds of ground beef that may be contaminated with E. coli bacteria, the U.S. Department of Agriculture's Food Safety and Inspection Service said.
View ArticleGuernsey licenses 46 insurance entities in first half
The Guernsey Financial Services Commission said it has granted licenses to 46 international insurance entities during the first half of 2013.
View ArticleMeadowbrook to issue policies under State National after rating downgrade
Meadowbrook Insurance Group Inc. said it will replace some of its insurance policies with paper provided by State National Insurance Co. after A.M. Best Co. downgraded Meadowbrook's rating to B++...
View ArticleFINRA fines Oppenheimer $1.4M over penny stocks, internal controls
(Reuters) — Oppenheimer & Co. has agreed to pay $1.
View ArticleLoss adjuster offers $1.3M reward for recovery in jewel heist
A loss adjuster working on behalf of Lloyd's of London syndicates that insured diamonds and other gemstones stolen in an armed robbery in Cannes, France, has offered a reward up to €1 million ($1.
View ArticleNew Zealand's Fonterra under fire over milk scare, more product recalls
(Reuters) — Fonterra Co-operative Group Ltd.
View ArticleEmployers concerned about aging workforce: Study
Employers are concerned about health and wellness issues connected with an aging workforce, but most haven’t implemented strategies to manage safety and leave for an older population, according to a...
View ArticleBusiness Insurance IN FOCUS Video: Strategic risk management
In our latest weekly video, Business Insurance focuses on strategic risk management and its effects on reputational risks and supply chain risks.
View ArticleWells Fargo Insurance launches 2 intellectual property products
Wells Fargo Insurance Services USA Inc. on Monday launched a pair of insurance products designed to protect policyholders' revenues and royalties from intellectual property challenges.
View ArticleCanada, China hit by billion-dollar disasters in July: Analysis
Canada experienced its second billion-dollar natural disaster loss of the year as record rainfall in the metropolitan Toronto area during July caused significant flooding and power outages, according...
View ArticleFonterra CEO says supply contracts intact after food safety scare
(Reuters) — New Zealand dairy giant Fonterra Co-operative Group Ltd.
View ArticleQuebec judge calls railway 'deplorable,' grants bankruptcy protection
(Reuters) — A Quebec court granted bankruptcy protection on Thursday to the U.S.
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