Corporate Risk

Several Florida-based building-supply companies, most prominently Banner Supply Co., have filed a lawsuit against a Chinese drywall manufacturer for making false claims about the safety of the product.

Given today’s uncertainties, how do risk managers mitigate political and economic risk for companies conducting or planning to conduct business on a global scale?

Two corporate risk managers reported very different results with enterprise risk management progress in their companies during a webinar this week.

The Risk and Insurance Management Society says it has been approved as an accredited standards development organization by the American National Standards Institute (ANSI) Executive Standards Council.

The Risk and Insurance Management Society says it has been approved as an accredited standards development organization by the American National Standards Institute (ANSI) Executive Standards Council.

As data breaches proliferate, companies are under pressure to protect their customers, their reputations and their bottom line.

Insurance regulators in the U.S. have begun signing up with their international peers to push a new ERM regulation called “ORSA”—Own Risk and Solvency Assessment, says Dave Ingram, executive vice president of Willis Re.

As director of risk management services for the Tucson Electric Power Co., Karl Zimmel has had his share of challenges, the latest being the massive wildfires in Arizona, which have charred hundreds of thousands of acres and come dangerously close to several of TEP’s facilities.