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The Deepwater Horizon Drilling Platform explosion and subsequent oil spill in the Gulf of Mexico was not a risk management issue, an insurance executive said.

The Public Risk Management Association (PRIMA) announced Michael Pennacchio, a public risk manager in Nevada, as its 2010 Public Risk Manager of the Year.

I'm starting to think it might be a good idea for states, cities and other municipal entities to have their risk managers elected by the ...

Like those in the private sector, public risk managers can have a big impact on their organization's costs and bottom-line results--but only if they have a "seat at the table" with government decision-makers.

Even the most optimistic forecasters concede that the climb out of this Great Recession will continue to be steep and arduous.

Everybody in our industry has heard of the professional designations such as CPCU, CLU and CIC. But I'll bet that nobody has heard of the Insure and Ignore Club.

Even the most optimistic forecasters concede that the climb out of this Great Recession will continue to be steep and arduous. Florida, especially, has been hammered with high unemployment, mortgage failures, and tumbling property values.

Terry Fleming took over as president of the New York-based Risk and Insurance Management Society for the 2010 term on New Year's Day.