 We Have a New Blog
Tue Jun 2, '09
The official blog of Risk Management magazine has now officially moved to RiskManagementMonitor.com. Bookmark the page and check back regularly for frequent updates on all things risk. ...read more
We Have a New Blog
Fri May 1, '09
The official blog of Risk Management magazine has now officially moved to RiskManagementMonitor.com. Bookmark the page and check back regularly for frequent updates on all things risk. ...read more
We Have a New Blog
Fri Apr 17, '09
The official blog of Risk Management magazine has now officially moved to RiskManagementMonitor.com. Bookmark the page and check back regularly for frequent updates on all things risk. ...read more
Tighter Gun Laws?
Fri Mar 13, '09
In the wake of the deadly school shooting in Germany, the issue of gun control is in the spotlight yet again. ...read more
Mortgage Fraud
Tue Mar 3, '09
In the midst of this economic disaster, the emergence of severe mortgage fraud is adding to the mess. ...read more
Zimbabwe's Woes
Tue Feb 17, '09
Residents of Zimbabwe go from one crisis to another as Cholera takes hold of the country’s population. ...read more
Flight Risk
Fri Feb 13, '09
The recent airline crashes, both life-saving and devastatingly deadly, have brought even more attention to aviation safety. ...read more
An Onslaught of Inventory
Tue Feb 10, '09
The long-running slump in car sales has left massive amounts of unsold inventory in storage areas and docksides, but space is running out. ...read more
Obama vs. Keynes
Fri Feb 6, '09
Some believe Keynes brought the U.S. out of the Great Depression, but will his theory cure today’s wilting economy? ...read more
An X-rated Bailout
Thu Jan 8, '09
With news that the porn industry has requested a government bailout –- we must ask ourselves, who’s next? ...read more
A Family Tradition?
Mon Dec 15, '08
Bernard Madoff’s investment scam may turn out to be the largest investor fraud ever blamed on a single individual. But did he act alone? ...read more
The Era of Ergonomics
Fri Dec 12, '08
Carpal Tunnel Syndrome is costing companies millions of dollars per year in workers comp claims and lost time. Prevention through ergonomics may be the answer. ...read more
Dairy Bad News
Tue Sep 23, '08
In order to boost its bottom line, Sanlu, the Chinese dairy company accused of intentionally contaminating milk, sank to the bottom. ...read more
Troopergate Troubles
Fri Sep 12, '08
Vice presidential candidate and governor Sarah Palin is being investigated for an alleged workers compensation-related ethics violation--and so is the Alaska's director of risk management. ...read more
The Human Error
Wed Sep 3, '08
Executives of a media company were writing internal memos about upcoming layoffs. When the head of human resources accidentally emailed the letter to the entire company, it was quickly leaked to the media. And the fallout begins. ...read more
Broken Chains
Wed Aug 27, '08
Almost all companies that have supply chains have problems with them, yet most companies do not have enterprise risk managers leading supply chain risk management initiatives. ...read more
The Arabian Bermuda?
Mon Aug 18, '08
It has been a month since Marsh granted the first captive insurance management license in Dubai, but the DIFC is only expecting two captives to be up and running by the end of the year. Why the slow progress? ...read more
Managing Risk at the Beijing Olympics
Mon Aug 4, '08
The risk management company overseeing the Games has assessed 9,000 possible risk scenarios and will have conducted 200,000 hours of testing before Friday's Opening Ceremonies. Today's attack in the Xinjiang province puts it all into question. ...read more
Using Websites as Weapons
Thu Jul 31, '08
Criminals are able to divert computer users to fake websites, where their data and other personal or corporate information can be stolen. Security programmers are rushing to close the loopholes--but is it too late? ...read more
Fraud Risk Management, defined
Mon Jul 28, '08
One of the sponsors of the lastest anti-fraud guidelines estimate that organizations lose 5% of their annual revenues due to fraud, and that companies without fraud programs in place lose twice the amount as those with programs. ...read more
Lack of funding for future floods
Thu Jul 17, '08
After heavy spending on Katrina losses, the National Flood Insurance Program has been unable to raise enough money to meet potential catastrophic losses in the future. ...read more
Toyota Shifts Gears
Fri Jul 11, '08
The powerful automotive company is closing up shop at two U.S. automotive plants, as high gas prices take a large bite out of SUV and truck sales. ...read more
Investment Bank Hanky Pank
Thu Jun 19, '08
Two former managers at Bear Stearns could be the first Wall Street executives to face criminal charges related to the sub-prime mortgage crisis. ...read more
The Legacy of Mel Weiss
Tue Jun 10, '08
The pioneer of the shareholder class-action lawsuit is serving time for taking kickbacks, and the corporate world is taking notice. ...read more
Man Starts Fire
Wed May 14, '08
A Florida man was arrested for arson and is being questioned about the string of wildfires in the state. ...read more
Breaking Cycles
Mon Apr 28, '08
Chris Gardner, the author of the Pursuit of Happyness, delivers a powerful keynote speech. ...read more
India and ERM
Wed Apr 2, '08
A recent report shows that to remain competitive, Indian businesses are exploring more mature Enterprise Risk Management methods. ...read more
Workplace Bullies
Wed Mar 26, '08
Half of all American workers have experienced or witnessed workplace bullying, a subtle and sometimes not-so-subtle act of discrimination. ...read more
Shaken Up
Wed Feb 27, '08
The biggest earthquake to hit the UK in 25 years will likely have serious insurance repercussions. ...read more
It's Only Zeroes
Thu Jan 24, '08
Societe Generale reels from the wrongdoings of a rogue trader that has single-handedly undermined trust in the entire European financial market. When will banks stop being the source of bad news? ...read more
My Friend is Dying, Buy Now.
Wed Jan 2, '08
A writer is dying, and his publisher wants to make a buck off of it by re-publishing his work in special collections while encouraging grief-stricken fans to pay extra. Then the story gets strange. ...read more
Spare Parts
Thu Dec 20, '07
According to the IIHS, a ding to your minivan's bumper will set you back a whole bunch of money. Anybody who writes personal auto should be up in arms over this. ...read more
The Naughty List
Tue Dec 18, '07
When you are a professional Santa Claus, you accept certain risks - crying kids, demanding parents, etc. What you don't expect is for people to try to shoot you out of the sky. ...read more
Frozen Out
Wed Dec 12, '07
More wintry weather is coating much of the country in a fresh coat of ice. And winter hasn't officially even started yet. ...read more
The Prize
Mon Dec 10, '07
Al Gore received his Nobel Peace Prize today. For anybody who has tried to convey the risks of global warming, there is finally reason to celebrate. ...read more
None Like it Hot
Mon Dec 3, '07
Warm winter weather draws attention to global warming like nothing else, and the apparel industry is really starting to take notice. ...read more
400 Billion Good Reasons
Mon Nov 19, '07
Swiss Re is the latest casualty in the subprime lending carnage, which is looking to claim more than $400 billion in losses across the financial sector before it's all over. yet, there is still one group that might have reason to welcome all of this. 400 billion of them, in fact. ...read more
The Doomsday Crop
Fri Nov 16, '07
Near the North Pole, scientists are storing the world's seeds so they may replant the world after a global catastrophe. It sounds like a Jerry Bruckheimer movie, but it's really happening. ...read more
Total Recall
Wed Nov 7, '07
Australia's "toy of the year" has become just another statistic of Chinese product liability risk. ...read more
The Paper It's Printed On
Mon Nov 5, '07
Supermodel Gisele Bundchen will no longer accept dollars for payment because of the currency's uncertain strength, insisting instead for euros. ...read more
The Week in Risk
Fri Sep 28, '07
Hacked iPhones, a crackdown in Myanmar and a standoff with Iran's President all make the grade for this week in risk. ...read more
Locked Down
Fri Sep 21, '07
After a double shooting at the Unviersity of Delaware, the entire school has gone into lockdown, showing just how fresh the horrors of Virginia Tech’s April massacre remain in the minds of educators. ...read more
Oh, the Irony
Wed Sep 19, '07
The site of the defunct steel mill in Bethlehem, PA has long cried out for redevelopment. And so a casino will go in - if only they can find another 16,000 tons of steel to build with. ...read more
Being Prepared
Wed Sep 12, '07
As the search for Steve Fossett continues, a lapse in simple risk management may prove to be fatal. ...read more
The Fury
Wed Sep 5, '07
The hurricane season will hit its peak in five days, and already it's been an eventful one. But the $65 billion question is, how will the oilfield in the Gulf of Mexico fare? ...read more
Cease Fire
Thu Aug 30, '07
Four months after the worst mass shooting in modern U.S. history, can the healing process finally begin? ...read more
Hard Landing
Wed Aug 29, '07
As we approach the sixth anniversary of the 9/11 attacks, we see that flying a plane into a nuclear power plant might not produce the results terrorists desire. ...read more
Watch That Language, Soldier!
Tue Aug 28, '07
According to the FCC, the 60 million people who died in WWII are nothing to worry about. That a few GIs might have cursed while storming enemy pillboxes, is. ...read more
Revenge of the Nerds, v.2.0
Mon Aug 27, '07
Apple and AT&T learn the hard way that all you need to wreck a major corporate exclusivity deal is a techno-nerd without school to distract him from hacking your latest uber-product. ...read more
Ticket to Ride
Fri Aug 17, '07
The head of risk management for the Detroit public school system has landed himself in hot water over $46 million in questionable fund transfer. ...read more
Death From Below
Thu Aug 16, '07
Yesterday's lethal earthquake in Peru highlights the seismic risk facing the entire developing world. ...read more
Hearts and Minds
Wed Aug 15, '07
Sometimes truth and perception don't have the best relationship with each other. In Iraq, it seems that they're not even on speaking terms. ...read more
Achoo!
Fri Aug 10, '07
That wasn't just a sneeze. That was the sound of your investment portfolio dropping a zillion points. ...read more
Wiiiiiii!
Wed Jul 25, '07
Nintendo's license to print money continues as its Wii console and DS handheld rule the videogame industry. This time a few years ago, the company was considered KIA in the console wars. I guess it’s true what Sun Tzu said: The most dangerous opponent is the one you back into a corner. ...read more
Harry Potter and the Deathly Hackers
Mon Jul 23, '07
We're barely two days into the release of J.K. Rowling's final Harry Potter novel, and already the fate of the book's characters have become an IT risk. Oh, don't worry. You can read this blog. We won't spoil anything for you. ...read more
On the Go
Tue Jul 17, '07
As a precaution, Sydney, Australia has instructed its citizens to prepare go-bags in case of an emergency. If only New Orleans could have benefitted from this kind of vision. ...read more
Diet Soda & Cancer
Wed Jun 27, '07
A report published by the National Institute for the Environmental Health Sciences estalishes a concrete link between the chemical sweetener Aspartame, and cancer development. ...read more
Look! Up in the sky!
Thu Jun 14, '07
Salt Lake city encountered a genuine UFO yesterday morning. If only its pilot had a better sense of risk management. ...read more
Tech Wars
Wed Jun 13, '07
Microsoft's legal past continues to be a handicap in the fight for the technology market. ...read more
The Next Vioxx?
Tue Jun 12, '07
New findings about a popular diabetes drug could put GlaxoSmithKline in the legal crosshairs. ...read more
Nobody Likes Me
Wed Jun 6, '07
It's no secret that people seem to like to dislike the insurance industry. But it doesn't have to be that way. ...read more
Little Worm, Big Fish
Tue May 8, '07
Another major corporation stumbles on grass roots when it sues a small competitor and riles an activist customer base. ...read more
Meet the Press
Thu Apr 26, '07
When you attend RIMS 2007 in New Orleans, be sure to attend Meet the Insurance Press on Monday! ...read more
Spitting Image
Tue Apr 17, '07
Beijing is taking some very interesting steps to protect its reputation prior to the 2008 Olympics. ...read more
Dark Day
Mon Apr 16, '07
As the nation reels from the shooting tragedy at Virginia Tech, we extend our thoughts and prayers to the families involved. ...read more
Good Dog, Bad Dog, Sad Dog, Dead Dog
Mon Apr 2, '07
The ongoing pet food recall has left many dog and cat owners across the country worried, distraught and angry. It probably won't be long before you can add "litigious" to that list. ...read more
Car Trouble
Wed Mar 28, '07
When you want to publicize your upcoming racing movie, giving a priceless Ferrari to a comedian probably isn't the wisest course of action. ...read more
Tiger, Tiger
Thu Mar 22, '07
Ireland's status as Europe's "Celtic Tiger" has been on the rise for 20 years. But is it in danger of losing its teeth? ...read more
The Bird is the Word
Tue Mar 20, '07
The 4th International Bird Flu Summit and multiple recent outbreaks in Egypt have once again evoked fears of a global avian flu pandemic. ...read more
Live in Concert
Mon Mar 12, '07
The fight for the ownership of historic music performances is becoming the latest intellectual property battleground. ...read more
Smoke 'Em If You Got 'Em
Thu Feb 22, '07
The Supreme Court overturns a $79.5 million punitive damages award against Philip Morris. But considering what the tobacco giant really wanted, this verdict is just a consolation prize. ...read more
Dirty Work
Tue Feb 20, '07
According to recent research, annoying co-workers may not be the biggest pests to worry about in the office environment. ...read more
Culture of Impunity
Mon Feb 5, '07
Hyundai's chief Chung Mong-Koo gets three years for embezzlement. But is this just the tip of the iceberg for South Korean corporate governance? ...read more
Pitching and Heaving
Thu Jan 25, '07
Today, as we head out to sea, we are serving swordfish steak, mango sorbet, and a case of uncontrollable vomiting. ...read more
The Hawkeye Surprise
Tue Jan 23, '07
An unknown finance professor in Iowa was an unlikely candidate to turn the business world on its head. But its because of his research that hundreds of corporations are now scrambling to explain the creative accounting used to grant stock options to executives. ...read more
Make It So
Fri Jan 19, '07
This week, St. John's University honored Joe Plumeri of Willis as the 2007 Insurance Leader of the Year. Joe's speech showed why he was such an obvious choice for the award. ...read more
Swarming to Dinner
Mon Jan 15, '07
In Africa, locust swarms have made a habit of literally eating farmers out of house and home. Now, the farmers get to return the favor. ...read more
Hungry, Hungry Hugo
Wed Jan 10, '07
If you run a power or telecom company in Venezuela, President Hugo Chavez would like to have a word with you. ...read more
Icebreaker
Tue Jan 2, '07
A massive ice shelf in the Canadian Arctic has broken free, raising an environmental risk management question of global proportion. ...read more
This is a Stickup
Wed Dec 20, '06
A recent robbery and shootout at a strip mall in Maryland highlights the continued dangers armored deliveries face every day. ...read more
Mr. Big Mouth
Tue Nov 28, '06
A little while ago, I publicy rebuked Leader's Edge magazine over its article on Arthur Snyder. Boy, was I ever wrong. ...read more
Forget Me Not
Wed Nov 15, '06
A company's brand is often its biggest asset, and once a reputation becomes damaged, there is often no going back. Companies like Tylenol, while still able to thrive in post-crisis world, know that your their own past may never be lived down. ...read more
Reality Check
Wed Nov 8, '06
The insurance industry is facing slowing growth, rising cost of product and stiffening competition. Somehow, that's the good news. ...read more
In the Dark
Mon Nov 6, '06
The result of this weekend's European blackout was darkness. But this latest major power outage once again sheds light on an rising threat. ...read more
The Revolution Will Not be Televised
Wed Oct 25, '06
In its purchase of the popular video clip website YouTube.com, Google is hoping that it bought onto the next media revolution and that the possibly enormous rewards outweigh the possibly enormous exposures. ...read more
An Unlikely Argument
Wed Oct 18, '06
The president of the Independent Insurance Agents and Brokers of America argues that for small agencies, contingency fees mean the difference between success and failure. That still doesn't mean they are a good idea. ...read more
The Odd Couple
Mon Oct 16, '06
At first glace, a pairing between Allianz and the Worldwide Wildlife Fund may seem unlikely. But for both parties, this alliance makes perfect sense. ...read more
What's Up, Doc?
Wed Sep 27, '06
Surely your mother told you to always wash your hands before dinner. Hopefully, she notified your doctor to wash up afterwards as well. ...read more
A Historic Loss
Mon Sep 25, '06
For the first time in his professional career, Brett Favre and the Green Bay Packers got shutout in their Opening Day game with the Chicago Bears. This unlikely event could have also cost one Illinois retailer $275,000--if not for the one thing he had, and Favre lacks: protection. ...read more
A Solemn Reminder
Wed Sep 13, '06
Along with the sadness and emotion felt by the 5th anniversary of September 11, there comes another solemn reminder: We still have no long-term solution to the business risks of terrorism. ...read more
Doopity-Do
Fri Aug 25, '06
"What do you get when you guzzle down sweets?
Eating as much as an elephant eats?
What are you at getting terribly fat?
What do you think will come of that?" ...read more
Cruise Control
Wed Aug 23, '06
After 14 years, Paramount has dropped Tom Cruise from its talent roster, citing the stars erratic public behavior. Is this a personality spat or simply good risk management? ...read more
Bottled Terror
Fri Aug 18, '06
The threat of liquid explosives has changed the nature of terrorism risk, and not in the way that you might think. ...read more
Personnel Foul
Wed Aug 16, '06
Brad Childress, coach for the Minnesota Vikings learns a hard lesson in risk management: You can't be there all the time to keep things from happening. Especially if one of your risks is a player hellbent on self-destruction. ...read more
When the Earth Moves
Fri Aug 11, '06
Mexico City is having a scary flashback to 1985, when an earthquake killed 20,000 and caused massive, prolonged damage. Is the city more prepared than it was some two decades ago? ...read more
Drip, Drip, Drip
Thu Aug 10, '06
When it comes to explaining how its Prudhoe Bay pipeline fell so badly into disrepair, BP might be giving out too much information and not enough straight talk. ...read more
Australian for "Please Leave"
Mon Aug 7, '06
As one Australian man recently learned, the wisdom of Homer J. Simpson is as true today as ever. "Alcohol: The cause of, and solution to, all of life's problems." ...read more
Booze Talking
Wed Aug 2, '06
Mel Gibson's extensive apology for his infamous anti-Semitic remarks may end up hurting him more than the original remarks themselves. ...read more
Sharks Fearing Sharks
Mon Jul 31, '06
The American Bar Assocation has pulled its sponsorship for the National Lawyers on Longboards Surfing Competition, claiming liability concerns. ...read more
Climate Crisis Risk in the Public Eye
Mon Jul 24, '06
On the heels of Al Gore's cinematic campaign to educate the masses on the realities of global warming, it seems more and more highly regarded figures are joining the cause. While these positions are both equally noble and necessary, it may take more than just words and education to initiate action. ...read more
Sony's Online Critics At It Again
Thu Jul 6, '06
Sony is again receiving flak across the Internet. After a series of recent controversies, the technology company has given bloggers and online gamers another reason to smear its name. ...read more
Watch Your Mouth
Fri Jun 30, '06
Everything you say can and will be used against you in the court of public opinion. Better get insured for that. ...read more
The Viral Revolution
Fri Jun 23, '06
It used to be that reputation risk management went hand in hand with major media outlet and the occasional class action lawsuit. Then came the Internet. ...read more
So Much for Blackbeard
Fri Jun 16, '06
The world's worst piracy hotspot is finally cooling down. But that doesn't mean piracy is going away...it's just going somewhere else. ...read more
Olympics? What Olympics?
Thu Jun 15, '06
Just a few days into the World Cup, we are already beginning to see the risks and rewards of the biggest sporting event around. ...read more
Aloha, Honolulu
Mon May 1, '06
Last week, I probably brushed elbows with some of you at RIMS Honolulu 2006. For me, the convention is always an interesting time, since I don’t actually get to attend it as risk managers might. ...read more
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