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Riskwire
Today's Feature
RIMS Risk Management Magazine (7/25/2024)
The European Parliament enacted the Digital Operational Resilience Act (DORA) in 2022 to push financial services providers to implement robust operational procedures, policies, cybersecurity capabilities and controls to ensure that the financial world will continue to operate even in the face of cyberattacks or other significant disruptions. It brings new, wide-reaching obligations in contract management, incident response and reporting, due diligence and business continuity planning.
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Industry News
Carrier Management (7/30/2024)
The western United States and Canada are at a high risk of wildfires that will blaze hundreds of square miles due to smoke and climate change.
PropertyCasualty360 (7/25/2024)
July 21, 2024, was the hottest day on record with an average global temperature of 17.15 degrees Celsius, leading insurers to reevaluate risk models to account for the increased severity and frequency of extreme heat.
Business Insurance (7/30/2024)
A federal judge in Philadelphia rejected a company's bid to temporarily block the Federal Trade Commission’s proposed ban on noncompetes in employment contracts, setting the stage for a hearing before the U.S. Supreme Court.
Reinsurance News (7/30/2024)
Poll respondents believe that reinsurance losses connected to the CrowdStrike IT outage will surpass $1 billion, with 38% of respondents think they will exceed $1.5 billion.
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Insurance Business Magazine (7/29/2024)
Risks related to "political instability, economic sanctions, and uncertainties related to policy, regulation, and physical threats" require comprehensive, forward-looking methods for addressing them.
Canadian Underwriter (7/29/2024)
The wildfires in Jasper, Alberta, could cause up to $700 million in insured damages and 30% of the structures are destroyed, making it one of the most costly fires in Canadian history
Strategic Risk (7/18/2024)
Key trends regarding trade, technology, weather and workforce are becoming more complex, and businesses need insights and tools to address the critical risks they cause.
Captive International (7/29/2024)
Women now make up a larger portion of the captive insurance industry, but companies need to take further steps to enhance their workforce diversity.
Rims Resources
  
RIMScast
Thought leader Michael Bach joins RIMScast to discuss Inclusion, Diversity, Equity, and Accessibility (IDEA). Michael opens up on his perspective on anti-racism and inclusion, and how to slow down the swinging pendulum so good practices can take hold. He also provides ideal ways to help organizations build DEI initiatives and close out Disability Pride Month.
  
RIMS Webinar, Sponsored by Riskonnect
On August 27, leaders from Riskonnect will provide methods for successfully incorporating AI into a risk management program, including predictive models tailored specifically for claims and risk management.
RIMS Career Center Jobs
L+M Development Partners
Larchmont, New York
Hanover Company
Houston, Texas
National Association of Insurance Commissioners (NAIC)
Kansas City, Missouri
RIMS Career Center Entry-Level Jobs
Nashville, Tennessee, Analyze and administer all aspects of the corporate risk management program for Ryman Hospitality Properties and its affiliates. Identify and evaluate potential risks associated with various business units and recommend programs to reduce organizational risk and legal liability.
West Chester, Pennsylvania, As an Associate Actuary, you will be responsible for leading model governance within the Investment & Risk Operations team. In this role, the individual will learn about the company's risk management framework and lead model governance initiatives – including best practices, validation, and regulatory oversight.