Risk Management Magazine (10/2/2023)
At its core, the Foreign Corrupt Practices Act (FCPA) is relatively straightforward, but the government’s broad interpretation of key FCPA terms makes compliance difficult. 

Insurance Journal (11/3/2023)
“The Treasury Department’s call for data from insurance companies is a major step toward understanding and responding to an unfolding crisis,” Carly Fabian, insurance policy advocate with Public Citizen’s Climate Program, said in a statement.

Investment News (11/2/2023)
“Those insurance companies and the independent agents are subject to rules much more burdensome and demanding than anything else they’ve had to deal with before,” says Fred Reish, partner at law firm Faegre Drinker.

PropertyCasualty360 (10/26/2023)
Workers’ comp is the most highly regulated insurance industry, which can hamper change. Can technology buck that trend?

Reinsurance News (11/1/2023)
Verisk estimates industry insured losses to onshore property for Hurricane Otis, the strongest hurricane ever to hit Mexico, will likely fall from MXN 50 billion to MXN 110 billion (~USD 3 billion to 6 billion).

Insurance Journal (11/2/2023)
Having lost two bids to recover $15 million from its insurer to cover costs related to its failed defense of its admissions policy, Harvard University is now looking to hold its insurance broker, Marsh, responsible.

PropertyCasualty360 (10/30/2023)
Cat bonds are rising in popularity as their returns trounce those of virtually all other debt markets.

Canadian Underwriter (10/30/2023)
Ransomware attacks are increasing globally thanks to evolving cybercrime tactics that make it easier for thieves to transfer data from computers or other devices.

Reuters (10/30/2023)
"The current market backdrop presents an opportunity for a wide range of institutional and retail investors to gain capital efficient liquid access and diversified exposure to the Lloyd's of London insurance market," William Allen, CEO of Financials Acquisition Corp, said.

RIMS Executive Report
This new RIMS Executive Report guides risk professionals through the scenario planning journey, highlighting critical steps, key considerations, an analysis of scenario planning types, as well as case studies. Additionally, the report explores the opportunities that generative artificial intelligence tools can add to scenario planning endeavors. 

Webinar Sponsored by Metrics That Matter
Hear Metrics That Matter experts discuss how risk professionals can manage operational and cyber risks, while providing the appropriate context and clarification on where to spend their security budget through the identification and classification of pivotal assets, resources, and systems within the organization. Attend this free webinar on November 7.