Loss Control

Saying the role of risk managers is growing in importance, the president of the Risk and Insurance Management Society declared there are no boundaries to the level of influence professionals will ultimately have with the C-suite.

Saying the role of risk managers is growing in importance, the president of the Risk and Insurance Management Society declared there are no boundaries to the level of influence professionals will ultimately have with the C-suite.

As the head of the risk-management department at NYU, one of the countrys largest private institutions of higher learning, Michael Liebowitz faces an incredible array of risks every daymany of which never crop up in Corporate America.

With rates rising in many commercial-insurance linesalthough not uniformly across all linesrisk managers may have to deliver unpleasant news at budget time, but they should stress the value of the products, rather than just the cost, Willis chief executive says.

Survey finds many don't have voluntary health plans

Wildfires in New Jersey and New York are prompting warnings of an active fire season because of unusually dry conditions along the East coast coupled with record high temperatures in March.