Business Insurance - _Risk Management en-us Wed, 22 Oct 2014 04:22:19 EST 10 Number of risk retention groups falling amid continuing soft market 20141021/NEWS06/141029941 Affected by the soft market, the number of risk retention groups continues to fall, according to an industry newsletter. Tue, 21 Oct 2014 14:05:18 EST Possible sunset of federal terrorism coverage backstop concerns insurers 20141021/NEWS06/141029943 CHICAGO — The federal terrorism insurance backstop set to expire at the end of this year likely will be replaced or extended, but insurers are worried about workers compensation exposures that could stem from a terrorism event if the backstop goes... Tue, 21 Oct 2014 13:58:19 EST Two more lawsuits filed against Honda, Takata for air bag defect 20141021/NEWS06/141029954 (Reuters) — The recall crisis involving Takata-made air bags exploding with too much force and spraying occupants with metal shrapnel continues to grow, with two more lawsuits filed concerning accidents in older Honda cars. Tue, 21 Oct 2014 11:11:57 EST Despite rising profile, European risk managers face obstacles: Survey 20141020/NEWS06/141029980 BRUSSELS — The profile of risk managers within their organizations in Europe is rising, but more frequent collaboration with top management is needed in some companies, according to the Federation of European Risk Management Association's risk... Mon, 20 Oct 2014 12:14:34 EST Hurricane Gonzalo damaged roofs, knocked out power in Bermuda 20141020/NEWS06/141029981 Hurricane Gonzalo hit Bermuda Friday night, leaving damaged roofs and electricity outages in its wake, catastrophe modeling firm AIR Worldwide said in a statement Monday. Mon, 20 Oct 2014 12:12:52 EST FERMA, audit group release guide on E.U. company law 20141020/NEWS06/141029983 BRUSSELS — The Federation of European Risk Management Associations and the European Confederation of Institutes of Internal Auditing on Monday launched a joint best practice guide to help companies respond to E.U. company law. Mon, 20 Oct 2014 12:00:31 EST Deaths linked to GM ignition-switch defect rise to 29 20141020/NEWS06/141029984 (Reuters) — A program to compensate victims of a faulty ignition switch in General Motors Co. Mon, 20 Oct 2014 11:41:47 EST Third traffic death in U.S. linked to Takata air bags 20141017/NEWS06/141019883 (Reuters) — A fatal accident near Los Angeles last year of a 2002 Acura sedan involved a Takata Corp. Fri, 17 Oct 2014 09:20:42 EST This week's Top 10 features on 20141017/NEWS06/310179999 Find out which of this week's features on were the most popular. Fri, 17 Oct 2014 06:00:00 EST Chrysler recalls more than 900,000 vehicles globally in two actions 20141016/NEWS06/141019900 (Reuters) — Chrysler Group on Thursday announced two global recalls of more than 900,000 cars and SUVs combined for problems that could cause fires. Thu, 16 Oct 2014 09:04:16 EST