In this issue: Broker account wins; claiming excellence in workers' comp; Hank and AIG settle score; Marsh buying more; when captive insurers die; Florida's house of catastrophe cards; failure to insure pedophiles?; Makomaski's Christmas marvel; Roger being Roger; pharm fraud; arming ERM tech; and more.
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Sponsor: ACE
Don't Just Check The Boxes
What Risk Management lessons have we learned from the financial crisis?
Download the new
Risk Management report from ACE and the Economist Intelligence Unit
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NEWS & ANALYSIS
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How to Improve the Quality and Outcome of Radiology Claims
The creation of "centers of excellence" could help insurance carriers and payers improve claims outcomes.
Read the Story
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Arcadia Switches Over to EIIA
The Pennsylvania school transfers its study abroad and other risks to a pool.
Read the Story
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Sponsor:
FM Global
Underwriting Through Loss Prevention Engineering.
That's Insurance Evolved.
Learn More:
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EDITOR'S CHOICE STORIES
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AIG settles Greenberg disputes, may reimburse $150 million fees (Bloomberg)
Marsh & McLennan set to bid for HSBC Insurance Brokers (Telegraph)
Company's failure puts claim holders in hard place (Gainesville Times)
Diocese in Alaska agrees to $10M abuse settlement (AP)
Florida insurance market still a house of cards despite slow hurricane season (Naples Daily News)
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Sponsor:
Pitney Bowes
Do Consumers Read Messaging On Letters, Bills and Statements?
Click
Here
For Our Free Whitepaper.
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NEXT WEEK'S EVENTS
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Bonding Time: Risk Management and Safety: The NiSource Solution Powered by Riskonnect Inc. (December 8)
In this complimentary webinar, sponsored by Riskonnect Inc., you will hear directly from Tim Bucci, Director of Risk Management and Corporate Insurance at NiSource, to gain a better understanding of what enterprise-class risk management technology and service can do for your organization, and how a tailored offering that matches your unique needs can deliver more timely and accurate information, yielding actionable business intelligence and driving tangible results for key stakeholders.
8th eDiscovery Event (December 7-9)
E-discovery, legal and information technology experts will be meeting in New York to learn how to minimize risks and costs, increase productivity and address challenges facing an organization's eDiscovery process.
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Sponsor:
Riskonnect Webinar
Insights Webinar
Bonding Time: Risk Management and Safety
December 8, 2009, 1:30 PM ET
Click
Here to Register:
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PEOPLE ON THE MOVE
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Insurance
CAROL SIPE was appointed as president and CEO of Summit, a regional monoline workers' comp carrier and a Liberty Mutual Agency Markets company. Sipe has been with Summit since 1989 and has served as senior vice president and general manager of operations since 2006. She succeeds the retiring Rick T. Hodges.
Read the Story
Other notable moves
- David Kalainoff
- Charles E. Stauber
- Alison Timson
- Paul Lafferty
- Michael C. Willis
- Mark Wheeler
- Justin Wash
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Specialty Insurance
CORBETTE S. DOYLE was awarded the 2009 PLUS1 Award from the Professional Liability Underwriting Society at its annual international conference. The PLUS1 Award is presented to a person whose efforts have contributed substantially to the advancement and image of the professional liability industry. Currently, Doyle is a lecture in leadership, policy and organizations at Vanderbilt University. Previously, she dedicated 15 years to Aon.
Read the Story
Other notable moves
- Dr. William Feldhaus
- Robert H. Pittinger
- Gerald E. Frick
- Christopher Magee
- Grahame Jones
- John Pollock
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Brokers
JAMIE T. BALBONI was named as the new head of the Property & Casualty Practice at Boston-based William Gallagher Associates. She will also have oversight over the Technology and Life Sciences Practices. With more than 25 years of brokerage experience, she has been a principal at WGA and has focused on P/C and executive risks.
Read the Story
Other notable moves
- Jean Demchak
- Christine Hoehne
- Ted T. Devine
- Eric Joost
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BROKER ACCOUNT WINS
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Aon: BT Group captive
Know of an account win?
Please let us know.
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NEW PRODUCT ANNOUNCEMENTS
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Solutions
Aon eSolutions: Medicare reporting
Reed Smith: Social and Digital Media Task Force
David Corp., Ingenix: Medicare reporting
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Coverages
Hartford: septic contractors program
AAIS: green endorsement
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Resources
Cendrowski Corporate Advisors: ERM guidebook
SOA: CERA designation
RAA: Reinsurance Case Law and Contract Clause Database
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COLUMNISTS
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ROGER CROMBIE:
Cookies Are Monster Risks
I write today with great urgency, to advise you of an insidious threat to the future of mankind: the chocolate biscuit.
Read the Story
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JOANNA MAKOMASKI:
Show Thy Greatness
This column is my last risk management column for 2009. This fact made me take stock and assess what tends to happen for risk managers at year-end other than the feverish closing of books, relentless accounting activities and, how can I forget, wonderful Christmas celebrations.
Read the Story
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FEATURES
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Compounding Pharmacy Fraud
Compounded medications pose a major fraud risk in the workers' comp space, and a major danger to patients.
Read the Story
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Best Practices in ERM Technology
How to match the right technology solution with your company's level of ERM maturity.
Read the Story
December 1, 2009
Copyright 2009© LRP Publications