The use of enterprise risk management at some financial services firms staved off the turmoil that has plagued and nearly ruined many companies, according to a report by the country's leading risk

While embedding enterprise risk management remains a challenge for insurers, large companies are further along, and those that are successful find ERM helpful in decision-making, according to a

o Glen Boyls, management consultant, AMX International Inc. speaking on "Navigating the Financial Tsunami"--a session providing recommendations to help companies prepare for economic recovery, taking

The former captive administrator for the captive insurance domicile of Hawaii, Craig M. Watanabe, has joined personal and commercial lines insurer DTRIC as the company's chief financial officer,

Although commercial insurers continued their six-year trend by cutting rates during the fourth quarter of 2008, a pair of surveys suggests a reversal may soon be underway as the global economic

While failures of risk management are being blamed by many for the financial crises in the banking industry, these issues did not "arise from a failure of risk management as a business discipline,"

Making a bad situation worse, "there was no government fail safe built into the risk management framework," and many risk management warnings were dismissed by management, said Carol Fox, senior

David Provost, Vermont's deputy commissioner of captive insurance, said 2008 "was a slower year for captive growth due to economic conditions." He added, "We continue to see interest in forming