Business Insurance - _Risk Management en-us Tue, 6 Oct 2015 01:05:11 EST 10 QBE snags senior vice president from Allianz 20151005/NEWS06/151009912 QBE North America, a division of QBE Insurance Group Ltd., has named former Allianz Global Corporate & Specialty executive Walter Grote senior vice president. The appointment was effective Oct. 2. Mon, 5 Oct 2015 13:26:51 EST U.S. says BP to pay $20 billion in fines for 2010 oil spill 20151005/NEWS06/151009913 (Reuters) — BP P.L.C. will pay more than $20 billion in fines to resolve nearly all claims from its deadly Gulf of Mexico oil spill five years ago, marking the largest corporate settlement of its kind in U.S. Mon, 5 Oct 2015 13:20:04 EST Worm farm exempted from paying overtime 20151005/NEWS06/151009914 No one in the real world is ever likely to think of raising worms as agriculture, but a court decision last week illustrates that there is sometimes a clear divide between the real and legal worlds. Mon, 5 Oct 2015 12:15:46 EST European risk management group names new executive director 20151005/NEWS06/151009916 VENICE, Italy – Typhaine Beauperin-Holvoet will replace Florence Bindelle as executive director of the Federation of European Risk Management Associations. Mon, 5 Oct 2015 11:46:34 EST Using data wisely key to unlocking future risks 20151005/NEWS06/151009918 VENICE, Italy — Risk managers and their insurers can learn from each other to address the growing complexities of a riskier world, according to Mario Greco, group CEO of Assicurazioni Generali S.p.A. Mon, 5 Oct 2015 11:34:34 EST Global regulators finalize new capital rules for big insurers 20151005/NEWS06/151009919 (Reuters) — The world's nine biggest insurance companies will have to hold more capital under new rules finalized by global regulators that aim to prevent taxpayer bailouts of the industry in a crisis. Mon, 5 Oct 2015 11:27:21 EST EU financial watchdogs zoom in on 'big data' use 20151005/NEWS06/151009920 (Reuters) — European banks and insurers could face new rules to control their use of “big data” to target customers with products after EU watchdogs said they would investigate the area. Mon, 5 Oct 2015 10:29:34 EST Independent brokers install new chairman, board members 20151005/NEWS06/151009922 Randy Lanoix has been installed as the new chairman of the Independent Insurance Agents & Brokers of America, IIABA has announced. Mon, 5 Oct 2015 10:18:46 EST Risk management's profile grows along with its challenges 20151005/NEWS06/151009925 VENICE, Italy — As the global economy changes, risk management is becoming an increasingly important discipline for European companies, a panel of experts said. Mon, 5 Oct 2015 09:51:15 EST Hyperion, DUAL tap former Allianz exec as chairman 20151002/NEWS06/151009940 DUAL International Ltd., the underwriting arm of Hyperion Insurance Group Ltd., said Friday it has appointed former Allianz S.E. board member Clem Booth as nonexecutive chairman of the board at DUAL and Hyperion. Fri, 2 Oct 2015 15:24:14 EST