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Riskwire
Today's Feature
Risk Management Magazine (6/1/2023)
Almost half of workers still use passwords of former employers to access company email, paid tools, subscriptions and even company data, according to a recent survey.
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Industry News
CNN (6/21/2023)
Senate Majority Leader Chuck Schumer has announced a broad, open-ended plan for regulating artificial intelligence, describing AI as an unprecedented challenge for Congress.
Insurance Journal (7/5/2023)
A Florida Supreme Court decision has answered some questions about whether a statute of limitations on lawsuits can be extended just because the insurance carrier is a party being sued.
Reuters (7/5/2023)
The Net-Zero Insurance Alliance (NZIA) is set to remove a six-month deadline for members to publish greenhouse gas emissions targets in an effort to make membership less prescriptive.
PropertyCasualty360 (6/29/2023)
“We’re seeing this at the state level all over the place and I think the FTC ban is going to go through. I think this is going to be an absolute game changer for trade secrets and the risk around them,” says Mary Guzman, founder and CEO of Crown Jewel Insurance.
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Bloomberg (7/4/2023)
In the wake of unrest in France, thousands of insurance claims have started to pour in as small business owners seek to repair stores and offices attacked during the riots.
Reinsurance News (6/30/2023)
Publicly traded health insurance companies in the United States have shown commendable financial performance in the post-pandemic era, with a 9% increase in net income to $40 billion in 2022.
Reuters (6/29/2023)
Last week, the Bank of England proposed further reforms to capital rules for insurers in a step it said would cut red tape without lowering solvency standards.
Continuity Central (6/30/3023)
NATO and the European Union have released a report detailing current security challenges and the particular importance of resilience in energy, transport, digital infrastructure, and space.
Rims Resources
  
RIMS ERM Q&A Interview
Denise Cosentino, Director of ERM at Eversource Energy discusses what it took to get a seat at the table of New England’s largest energy delivery company. A 2021 ERM Global Award of Distinction honoree, she also reveals how the ERM program is directly involved in the Fortune 500 company’s sustainability agenda and why benchmarking is so crucial to its success.
  
RIMS Virtual Workshop
Using captives as an alternative risk financing technique may help to reduce your company's overall cost of risk. Captives offer benefits such as stabilization of costs, ability to earn investment income, access to coverage not available in the market and improved claims handling and risk control, among others. This instructor-led virtual workshop on July 11–12 dives deep into the opportunities and risks associated with captive formation.