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Risk & Insurance

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Sweat income.(BROKERS: People, Ideas and Trends shaping the Brokerage Community)
Second quarter earnings from the largest commercial brokers reflect an environment where upper management is breaking a solid sweat, managing handsome revenue increases in most cases against the . . .

Viva local brokers: gaming Power Broker big on chances of small brokers and agents.(BROKERS: People, Ideas and Trends shaping th
A fortune won and lost on every deal All you need's a strong heart and a nerve of steel Viva Las Vegas, Viva Las Vegas Some of us can close our eyes and conjure these lyrics . . .

ERM makes inroads with carriers: compared with four years ago, the number of carriers with enterprise risk management programs h
More than nine out of l0 insurance earners have implemented an enterprise risk management program, but the commitment to such programs isn't always as deep as it could or should be, according to . . .

Putting out home fires: employees want to work from home, but telecommuting increases a company's exposure to data theft.(UPFRON
Congratulations ... you've just given birth to your third child and you've inked a new contract with your employer that will allow you to work from home. OK, so maybe your home computer isn't as . . .

When to wield weapons of mass destruction: terrorists might not be any closer to acquiring CBRN weapons, but they sure would lik
If you try to forecast the future of terrorism in the next seven years--as catastrophe modeler Risk Management Solutions Inc. does in its pieces in this issue--you might see that the likelihood . . .

Mortgage lenders feel the wrath of a Federal Judge and Attorneys General: a District Court judge in Wisconsin grants class-actio
It's a case that's got bankers and other mortgage lenders and brokers quivering in their collective wing tips because the exposures could run into the hundreds of millions, if not the billions, of . . .

Quote of the month.(UPFRONT: News, Updates and Other Emerging Strategies from Around the World)
"Since I started here at S&P in 1990, I have been known as someone who will do the crazy stuff and risk getting canned--and, for 18 years I have been able to avoid losing my jog."--STEVEN J. . . .

Risk 2.0.(RISK MANAGEMENT)
The sphere of materials available on risk management in Web 2.0 land is slim. But those that are out there--blogs, wikis, listservs--are valuable and worth looking at. To read the rest of this . . .

Standard and Poor's ERM initiative.(RISK MANAGEMENT)
S&P provided us this discussion about their Request for Comment paper. The period for comments might be over, but the information contained here is still valuable in getting a sense for what the . . .

Rating risk management link library.(RISK MANAGEMENT)
Standard & Poor's new policy of rating nonfinancial companies with risk management in mind is no small deal for ERM. It could be the impetus we've all been waiting for. Find out for yourself with . . .

Where in the world is insurance innovation?(RISK INNOVATORS)
Just how much "innovativeness" does the insurance and risk management industry have? Where does the industry fall on the "innovation spectrum" versus other financial services sectors? Versus . . .

It's not TRIA time again yet ...(TERRORISM)
Access all of the important online resources and discussion about the latest version of the Terrorism Risk Insurance Act. And get a sense for what the future might hold on this government backstop. . . .

Terrorism experts: increased risk for insurance industry.(TERRORISM)
Here are three dates when you might want to take a vacation deep into the countryside, not fly anywhere or hide under your bed: Nov. 4 and Jan. 20. Another big date, Aug. 8, just passed. Morbid . . .

Corrections.(NEWS & NOTES)(Correction notice)
A group photograph on page A-14 of the August issue of Risk & Insurance misidentified the order of the subjects. From left to right: Peter V. Jackson, senior vice president; John Threlfall, senior . . .

Wind scale introduced.(NEWS & NOTES)
Karen Clark & Company has introduced the KC Wind Damage Scale for assessing the likely insured wind damage to buildings, contents and business interruption caused by a tropical storm or hurricane. . . .

Workplace homicides up.(NEWS & NOTES)
The number of workplace homicides in the United States increased 13 percent in 2007, while the number of workplace fatalities fell. According to the Bureau of Labor Statistics' National Census . . .

CFO No. 3 for MMC.(NEWS & NOTES)
Marsh & McLennan Cos. Inc. named Vanessa A. Wittman as its new chief financial officer. She will assume the role in October from Matthew Bartley, who succeeded M. Michele Burns in September 2006, . . .

AIG stock crashes.(NEWS & NOTES)
On Aug. 25, American International Group Inc. watched its stock fall to its lowest point in New York trading since 1995. AIG slid $1.09, or 5.5 percent, to $18.78 in NYSE composite trading, . . .

From B to A.(NEWS & NOTES)
Aon Corp.'s announced purchase of Benfield Group Ltd. for $1.75 billion yielded a mixed reaction from ratings agencies. In statements, the agencies mentioned Aon's strong balance sheet for funding . . .

New columnist focuses on innovation.
For the past few years we've been surveying readers on what they like about Risk & Insurance. Every year more readers respond to our online questionnaire. We take your suggestions seriously and try . . .

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