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Physician employment, legislative trends top issues for hospital risk managers
PRNewswire via The Sacramento Bee    Share    Share on FacebookTwitterShare on LinkedinE-mail article
The health care field is undergoing a fundamental change in the way care is delivered and financed, reshaping the risks organizations face on a daily basis. According to the 13th annual Aon/ASHRM Hospital and Physician Professional Liability Benchmark report hospital risk managers are grappling with greater physician integration and changes in state legislation that influence professional liability costs. More

Social media marketing for insurance is just like risk management
Business 2 Community    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Obviously it takes experience and social media knowledge to create really successful social media marketing for insurance. But most insurance agents should be able to start a social media campaign, because you already use a similar process every day. More

Gravity, risk and public enterprise
Risk and Insurance    Share    Share on FacebookTwitterShare on LinkedinE-mail article
How does someone who started out as an art teacher end up as enterprise risk manager of a major public utilities commission? That's something Deborah M. Luthi would know. She received a degree in art education from the University of Kansas in Lawrence and taught art for five years. Like many in the field, "my entry into risk management was unexpected," she said. "A summer job in the human resources department of a Fortune 500 company turned into an invitation to join their risk management department, at which time I asked, 'You've got a mis-management department?' And a career was born." More

Stay afloat or sink: How businesses can tackle rising flood risks
BusinessGreen    Share    Share on FacebookTwitterShare on LinkedinE-mail article
For more than a decade there has been at least one serious flood a year in the UK, and experts predict the impacts of climate change and rising sea levels could increase the intensity and frequency of inland, coastal, and flash floods over the coming years. Meanwhile, insurers warn increased flood risk could push up the cost of premiums for everyone, while also leading to higher excess for those businesses and households unfortunate enough to have to claim for flood damage. More

On cybersecurity, small businesses flirting with disaster
ZDNet    Share    Share on FacebookTwitterShare on LinkedinE-mail article
U.S. small businesses are hiding behind the belief they have done enough to secure themselves against hackers and malware when in reality many are vulnerable to attacks that could doom their businesses, according to a recent survey. The survey, sponsored by the National Cyber Security Alliance and Symantec, found that 77 percent of 1,015 small businesses think they are safe from cyber attacks. The reality, however, is that 83 percent of those companies do not have a cybersecurity plan in place even though they are relying more and more on technology such as cloud services and social media to conduct business. More

Related: 8 tips for small business to improve online safety (ZDNet)

The Terrorism Risk Insurance Act at 10 years: An argument for reauthorization
GARP    Share    Share on FacebookTwitterShare on LinkedinE-mail article
On Sept. 11, the House Financial Services Subcommittee on Insurance jump-started the debate on reauthorization of the Terrorism Risk Insurance Act. All witnesses who testified were asked whether the program's federal back-stop is still necessary — i.e., should it be reauthorized or gradually phased out? Eleven of the 12 witnesses, including the Risk and Insurance Management Society, declared the program a success. More

Your road map to going global in uncertain times
Inc.    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Factory riots and espionage in China. Mass uprisings in the Middle East. Economic uncertainty and swine flu in Southeast Asia. Drug cartels in Latin America. The world's an uncertain place. And it's not only governments and massive companies that have to worry about geopolitical chaos. If you're a small company manufacturing overseas, or if you have a substantial supply chain there, you're at increased risk from human events, too. Just like a disaster recovery plan, you need to make sure you have the proper structure in place to manage geopolitical risk. More

Workplace dangers: Arc flash risk management
Business 2 Community    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Mostly caused by inadvertent contact between an energized conductor with another conductor or an earthed surface, an arc flash short circuit can result in severe injury or even death. The risk is not just for those working on the equipment but also to those in close proximity. Most businesses are unsure how to assess and manage the risks from an arc flash hazard effectively. New technology means many, if not all, of these accidents and deaths are now preventable if businesses follow best practice on the assessment and management of electric arc flash events. More


Colby Horton, Vice President of Publishing, 469.420.2601
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Lisa Smith, Senior Content Editor, 469.420.2644 
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