Risk Management Magazine (12/1/2023)
New cybersecurity reporting requirements highlight the SEC’s emerging role as a more active enforcer of corporate cyberrisk management, introducing new regulatory risks for public companies and legal risks for both organizations and their directors and officers.

PropertyCasualty360 (12/11/2023)
This year marked “a major reset” for reinsurance carriers who increased their rates in order to a repeat next year, says Sean Kent, senior vice president of Insurance at FirstService Financial.

Business Insurance (12/24/2023)
According to a study by the Workers’ Compensation Research Institute, treatment models in consolidated medical systems results in higher claim costs and longer recovery times for injured workers.

Reuters (12/14/2023)
The Financial Stability Oversight Council, chaired by Treasury Secretary Janet Yellen, cites new risks for the U.S. financial system if AI technology is adopted without careful oversight.

Insurance Journal (12/14/2023)
In a new report, CCC Intelligent Solutions notes a "concerning trend" of auto thefts, which accounted for almost 3% of total loss value in the third quarter.

Canadian Underwriter (12/14/2023)
ChatGPT and other AI language models pose unique cyber risks with their ability to re-write software code and create more deceptive phishing emails.

Insurance Journal (12/15/2023)
“The overriding message from this year’s report card is that the time for action is now,” said NOAA administrator Rick Spinrad.

Reuters (12/11/2023)
A new reinsurance deal will de-risk Manulife's long-term care business by cutting 14% of its total reserves, allowing them to invest in high-potential growth areas.

RIMS Leadership Corner
RIMS 2023 President Jennifer Santiago recaps an exceptionally successful year and urges the RIMS Community to continue the journey, down the “Road to Resilience.

The RIMS bi-annual survey provides detailed compensation analysis by industry, location, and position for virtually all risk professional positions. The survey also explores the impact of education, experience, and demographic data on compensation, as well as benefits and additional cash compensation programs available to practitioners.