The Financial Services Committee (FSC) of the House of Representatives recently held a hearing on the reauthorization of the Terrorism Risk Insurance Act, also known as TRIA, which expires on December 31, 2020. This risk-financing mechanism has prove…
The claims industry depends on risk managers and claims administrators to help improve outcomes for injured workers. And as the industry continues to evolve, claims professionals are discovering new ways to approach treatment and care. Collaborating…
Drought in France is now a high priority for insurance companies. Over the past few weeks, temperatures have soared and new measures are being put in place to deal with the phenomenon. The persistent heat has caused drought and water shortages with …
C’est dans un contexte de changement climatique global et impactant l’ensemble de la Société, que nous abordons le sujet de la sécheresse en France, d’un point de vue assurantiel. Ce sujet est désormais prioritaire pour les compagnies d’assurance. …
The risk landscape is continuously changing. However, business interruption including supply chain risk continues to remain as one of the top three risks businesses face for the seventh year in a row.[i] Most businesses operate within a complex suppl…
Well, it’s that time of year again. As per the CDC, flu activity usually peaks between December and February, although activity can last as late as May. As we know, the flu is a contagious respiratory illness caused by influenza viruses that in…
Editor’s Note: Robin was awarded the prestigious Ron Judd Heart of RIMS Award at the 2016 Risk and Insurance Management Society (RIMS) annual conference in San Diego, CA. She was recognized for her outstanding contributions to the Memphis RIMS chapte…
Healthcare risk managers have the opportunity to engage leaders from across their organizations to think more broadly about maximizing value protection and managing risk that comes with uncertainty through the application of an enterprise risk mana…
Figure 1: The actuarial loss curve There are many definitions of risk, with most coming pretty close to each other with minor nuances as distinctions. Interestingly, most all of these definitions put "risk" well beyond the point of "expected losses"…
Having just returned from the G31000 annual conference where I had a chance to present and participate in a panel discussion, I’d like to share my thoughts on current risk standards and a bit on where we seem to be headed. Full disclosure, this forum…
As consumers, we all feel the effects – to varying degrees – of recessions and other forms of economic disruption. From a risk management point of view, this is economic risk for which some risk managers have direct responsibility. For the vast major…