Risk Management Magazine (4/3/2023)
Protests and civil unrest are increasingly impacting businesses around the world, and the costs can be substantial. Five key risk drivers are fueling this increase in strikes, riots and civil commotion.

Reuters (7/13/2023)
Last week, the FTC sent a 20-page demand for records about how OpenAI, the maker of generative artificial intelligence chatbot ChatGPT, addresses risks tied to its AI models.

Reinsurance News (7/10/2023)
After the start of the unprecedented riots in France in late June, over 11,000 claims were reported, amounting to a total cost of €650 million.

Insurance Journal (7/13/2023)
The U.S. Securities and Exchange Commission has proposed rules that would require public companies report greenhouse gas emissions, but a new California bill appears to go further.

Risk & Insurance (7/10/2023)
“Each year, the student Risk Management Challenge showcases the bright future of risk management and insurance,” said Megan Miller, executive director of the Spencer Educational Foundation.

PropertyCasualty360 (7/13/2023)
“Crop insurance is a crucial risk management tool for farmers, and it has been successful due to its public-private partnership and support from Congress,” NAU Country Insurance President Jim Korin said.

Reuters (7/13/2023)
After Geico won a class action lawsuit, the 9th U.S. Circuit Court of Appeals threw them a curveball that should make every class action defendant in the 9th Circuit a little nervous.

Canadian Underwriter (7/13/2023)
“The insurance market serving the hospitality industry was shrinking or hardening even before the pandemic. Competition pushed prices to unsustainable levels,” said Jeff Somerville, managing director of SUM Insurance.

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This RIMS Professional Report explores opportunities and best practices for risk leaders to successfully accelerate ERM into a well-designed and executed Strategic Risk Management (SRM) program. The report examines why pivoting is necessary, SRM’s relationship to ERM, gaps between ERM and more.