Public Sector Risk

The Risk and Insurance Management Society, Inc. (RIMS) today announced that Deborah M. Luthi, will serve as president for the 2012 term, effective Jan. 1.

The 2011 hurricane season has demonstrated once again that a high level of basinwide activity does not necessarily translate into high insured losses.

The 2011 hurricane season has demonstrated once again that a high level of basinwide activity does not necessarily translate into high insured losses.

Even though the National Transportation Safety Boards recommendation that all cellphone use be banned in automobiles has been nixed by the U.S. transportation secretary, the suggestion is applauded by some corporate and public-entity risk managers.

With the National Flood Insurance Program finally provided breathing space until May 31 through one of President Obamas last actions of 2011 on Dec. 23, industry officials now say one of their top priorities in the New Year is to ensure the latest short-term extension is the last.

With the National Flood Insurance Program finally provided breathing space until May 31 through one of President Obamas last actions of 2011 on Dec. 23, industry officials now say one of their top priorities in the New Year is to ensure the latest short-term extension is the last.

Enterprise risk management continued to move more toward the mainstream in Corporate America this year, with its implementation being driven by anxious boards and by CEOs more acutely aware than ever of the need to understand and mitigate existential threats.

While the words sexy and insurance seldom appear in the same sentence, cyber liability changed that in 2011.