Industry risk report: transportation.
Prices may have eased in some parts of the transportation sector, but management isn't about to turn the corner onto "Easy Street." Transportation by air, land and sea pose unique and far-reaching challenges to risk executives. Add to that, the extra regulatory complications of an industry that faces risks...

Shifting out of neutral: a new approach to global road safety.
ABSTRACT On April 14, 2004, the United Nations dedicated "World Health Day" to improving global road safety. In explaining the need to focus the world's attention on road safety, Secretary General Kofi Annan declared that "World Health Day is an occasion for us to highlight the [road...

Information technology and the management difference: a fusion map.
When every leading firm in an industry has access to the same information technology resource, the management difference determines competitive advantage or disadvantage. The management challenge is to make sure that business processes, people, and technology are meshed, instead of being dealt with as separate elements in planning and...

Risk management: stretching your insurance budget.
Change puts pressure on all of the resources of your camp business. Sometimes change comes from within. But often change is imposed on us from events external to our organizations and lives. Developing coping strategies for managing change is an important business management task. Recent changes in...

Baldwin & Lyons Announces Record Net Income for Quarter and Year.
INDIANAPOLIS, Feb. 5 /PRNewswire-FirstCall/ -- Baldwin & Lyons, Inc. today announced fourth quarter operating income, defined as net income before investment gains or losses, of $6.0 million, or $.40 per share, compared to operating income of $5.8 million, or $.39 per share, reported in 2005. Investment gains totaled $5.3...

The Directors Roster.
The Directors Roster is a detailed record of executives added to corporate boards. The Roster covers a three-month period prior to the publication of each edition of DIRECTORS & BOARDS. It includes companies of all sizes, from billion-dollar blue chips to smaller growth ventures, that have elected new outside...

Insuring security: loss damage waivers protect you and your customers.
Loss Damage Waiver (LDW)is a routine financial product offering in virtually every heavy equipment dealership and rental company. In all cases, the renter is contractually obligated to return the equipment in good working condition; the required insurance is a safeguard for both the renting company and the...

Slicing through the silos: about 18 months ago SBC Communications hired Paul Stephens to unite the risk management functions around the far-flung corporation, and to increase control at the managerial level. Stephens' group united investments, including pensions and savings, with all risk management, including corporate risk financing, workers' compensation, and claims.
Despite being called Baby Bells from their inception, the telecommunications companies created from the breakup of AT&T retained several major hallmarks of a hidebound, old-economy sector that includes a large capital-heavy infrastructures and a huge unionized workforces active in multiple states. But despite the legacy of a...

ALD Auto kicks off India ops.
Byline: George Smith Alexander MUMBAI: The spiralling growth in the Indian automobile market is attracting international car leasing firms. ALD Automotive, one of the world's largest car leasing companies, has kicked off operations in India, which is its first foothold in Asia. The company is also exploring...

Securing weak links in the food chain: protecting the health and welfare of employees and customers is of utmost importance to risk managers in the food service supply industry. Everything from production to packaging to delivery procedures must be taken into consideration to ensure that the workplace and the end product are both as safe as possible.
Horror stories like the outbreak of E. coli at Jack in the Box fast food restaurants in 1993 strike fear in the minds of consumers and food service suppliers everywhere. The outbreak, which was traced to tainted, undercooked hamburgers, sent hundreds of people to the hospital and killed four...