Marsh & McLennan Companies Inc., the parent company of insurance broker Marsh and reinsurance broker Guy Carpenter said William Krivoshik has been named MMC senior vice president and chief information officer.

A coalition of insurers and other groups announced a seven point plan they said could cut hurricane losses dramatically, if public officials and the private sector see to its adoption.

Risk managers tend to be more aware of vulnerabilities in their home office than in the company's outer-lying locations, writes Caroline McDonald.

In advance of its first-quarter report next month Munich Re said recent catastrophe losses have been manageable and it expects results to be "satisfactory."

It's discouraging to see so many risk managers staying home rather than attend this year's RIMS conference in Orlando, Sam writes.

Columbus, Ohio-based Nationwide Insurance announced today that it has created a free application for the Apple iPhone, titled Nationwide Mobile, to help process claims after an auto accident.

Since desperate times often prompt desperate measures, companies should be on the lookout for a spike in criminal acts by employees fearful of losing their jobs in a worsening economy, risk managers were warned here yesterday.

Here at the RIMS conference in Orlando, there are so few attendees walking through the Exhibit Hall that you can throw a bowling ball down ...