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Riskwire
Today's Feature
The Importance of Document Retention and Litigation Hold Orders
Risk Management Magazine (4/25/2024)
To prevent sanctions or other issues during litigation, it is crucial for organizations to develop and implement a record retention and litigation readiness policy.
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Industry News
RIMS Recognizes LA County's Robles as Risk Manager of the Year
PropertyCasualty360 (4/26/2024)
"Despite coming from different parts of the world and from opposite business sectors, this year's honorees have demonstrated the universal power of risk management and its ability to drive enterprise forward," said RIMS CEO Gary A. LaBranche.
FTC Pushes Forward With Sweeping Non-Compete Ban
Insurance Business (4/23/2024)
The Federal Trade Commission (FTC) has voted 3-2 to ban non-compete agreements, impacting millions of Americans across various industries. Existing agreements will be voided with an exception for senior executives.
Lockton Re: Hypothetical Cyber Event Offers Carriers an Opportunity to Review Risks
Insurance Journal (4/26/2024)
A new Lockton Re report explores how a simulated cyber catastrophe impacts insurance, highlighting challenges and opportunities for the industry's future.
EU Should Revisit Bank and Insurer Capital Rules, Macron Says
Reuters (4/24/2024)
French President Macron urges revising Europe's application of minimum capital rules for banks and insurers to avoid economic disadvantage, advocating for balanced risk management.
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Viewpoint: Insurers Face Added Role in Curbing Workplace Violence With California Law
Insurance Journal (4/25/2024)
California's Workplace Violence Prevention Bill SB 553 mandates more responsibility from employers and workers' comp insurers, potentially leading to lawsuits, rate changes, and capacity impacts.
Most Cyber Insurance Policyholders Have a Massive Coverage Gap
PropertyCasualty360 (4/24/2024)
A study by Cyesec Ltd. reveals 80% of breached companies lack sufficient cyber insurance, with an average coverage gap of 350%, highlighting underestimated cyber risks.
Marsh: Commercial Insurance Rates Tick Upwards
Captive International (4/24/2024)
Global commercial insurance rates rose 1% in Q1 2024, with property rates increasing 3% and casualty rates remaining steady.
Let’s unlock the future – together.
Naylor Association Solutions®
At AXA XL, we understand that every customer has a unique set of risks. We partner with you to navigate the complexity, finding new ways to prepare and protect your business. We leverage data to deepen relationships, drive innovation and reduce your cost of risk. It’s our client-first mindset: working with you to map out your firm’s evolving risk landscape and develop insurance solutions that deliver value beyond your policy.
Let’s talk at RIMS RISKWORLD. Learn more.
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Rims Resources
ERM Experts: 4 Days Left to Submit a Session
  
RIMS Conference
Time is running out! There are four days left to submit your session for the RIMS ERM Conference 2024. RIMS wants engaged and knowledgeable risk professionals like you leading the discussions. The best submissions will address current and future issues facing ERM practitioners, as well as provide concrete takeaways. Submit your session proposal by 11:59 p.m. EDT on Friday, May 3.
Resilience in Turbulent Times: Navigating Geopolitical Challenges in Supply Chains
  
RIMS Webinar Sponsored by Moody’s
To help conclude Earth Month and Supply Chain Integrity Month on April 30, leaders from Moody’s will discuss the impact of geopolitics on supply chains and what types of risks can be effectively mitigated through insurance.