Risk Management

The first in a series of interviews on the challenges and opportunities facing risk managers focuses on YRC.

Recent events have led regulators to look to stress tests to assess the resilience of markets and companies to evaluate themselves.

The traditional approach, focusing on expected losses and relying on insurance, can leave important issues unexplored.

Risk managers can take a series of steps that emphasize their robust ERM programs and will allay rating agencies' concerns.

The problem is that the corporate culture shuns risk-taking so much that it can inhibit necessary innovation.

Senior executives say, “There is no need to worry about that risk – I have transferred that to the contractor.” This is not possible.

To limit workers' comp claims and lawsuits, especially fraudulent ones, you have to avoid five common mistakes.

Assessments of reputation risk should become part of the discussion when any risk is being considered, because almost all have an effect on reputation.