by Marilyn Rivers, CPCU ARM AIC | Aug 2, 2024 | Community
Public risk management relies on the practice of good fiscal governance. Tax dollars and government subsidies finance community services and resources. One might argue these resources are finite each calendar year and dependent upon a budget that allocates money for...
by Marilyn Rivers, CPCU ARM AIC | Jun 7, 2024 | Risk Governance
Operational risk is the risk of loss that generically results from failed internal processes, a lack of preparedness in governance, unforeseen external events, criminality, and/or a disconnect from community. The risks we manage are a continuous multidimensional...
by Marilyn Rivers, CPCU ARM AIC | Apr 29, 2024 | claims management, Risk Basics
When I first began my career in risk management, my new boss told me that the credentials after my name were impressive, but the legal experience behind them was lacking. My boss explained to me that I would be working under the direction of outside legal counsel who...
by Marilyn Rivers, CPCU ARM AIC | Apr 25, 2024 | Risk Basics, Risk Governance
Risk management plays an integral role in the partnership between an insurance carrier and legal counsel. Risk-legal-insurer are the trifecta of success in marketability and insurability. They are equal partners in the reporting, assessment, and successful management...
by Marilyn Rivers, CPCU ARM AIC | Apr 4, 2024 | Leadership, Risk Governance
A risk kerfuffle is a commotion or fuss that occurs when an individual becomes politically motivated to question the reality of checks and balances in governance because it does not fit their own agenda. Kerfuffles are increasingly utilized by governing officials who...
