Risk Management News
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Diverging Cyber Cat Model Results Challenge Underwriters’ Risk Analysis: Guy Carpenter
Aug 1 2023 // Significant progress has been made in advancing vendor’s cyber catastrophe models, but a notable degree of variability exists across model outputs, which can pose a challenge to insurance and reinsurance companies as...
People Moves: Powers Hires Favazza as Commercial Lines Risk Management Advisor; Ryan Specialty Appoints D’Onofrio CEO and Alvin CUO
Jul 13 2023 // Powers Insurance & Risk Management Hires Favazza as Commercial Lines Risk Management Advisor Powers Insurance & Risk Management, headquartered in St. Louis, Mo., hired Giovanni “Johnny” Favazza as...
LAAIA and the Spencer Educational Foundation Join Forces to Empower Latino Students in Risk Management & Insurance Industry with Scholarships
Jul 6 2023 // Miami, FL, July 6, 2023 – The Latin American Association of Insurance Agencies (LAAIA) is proud to announce its continued partnership with the Spencer Educational Foundation in providing scholarships to top-ranking...
Oakbridge Insurance Acquires JHA Risk Management in North Carolina
Jul 6 2023 // Georgia-based Oakbridge Insurance Agency, one of the largest independent agencies in the country, has continued its growth with the acquisition of JHA Risk Management agency in North Carolina. JHA, based in Rocky Mount,...
EU Banks Expand Risk Models to Better Prepare for Climate-Change Fallout
Jun 23 2023 // European banks are building out their risk models to better prepare for the fallout from climate change, with some even examining the short-term liquidity implications of a hotter planet, according to a joint survey...
kWh Analytics Reveals Top Challenges in Solar Industry Risk Management
Jun 21 2023 // Demand isn’t an issue for the solar industry. The challenges lie with fulfilling demand with more skilled labor, more technology, and more sites. While the Inflation Reduction Act (IRA), a freeze of potential...
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