Risk Management Magazine (2/19/2025)
As insurers incorporate AI into the claims management process, it is crucial that policyholders monitor developments in the industry and legal or regulatory actions that impact their rights.

Canadian Underwriter (2/18/2025)
Ontario and Quebec's recent winter storms have triggered an initial wave of insurance claims, with a greater risk expected as snow begins to melt. Adjusters anticipate a surge in property damage claims, particularly for ice damming and potential flooding, if rapid thawing occurs in the coming weeks.

Insurance Business (2/19/2025)
Supply chain cyber attacks have surged over 400% since 2021 and are expected to keep rising, according to Cowbell. Strengthening vendor oversight, conducting regular risk assessments, and enhancing cybersecurity training are key to mitigating these threats.

Insurance Journal (2/19/2025)
Insurers stress the importance of liability risk management, structured coverage, and strategic claims handling to navigate the challenging market.

Insurance Business (2/19/2025)
A California appeals court ruled that wildfire debris does not qualify as "direct physical damage" in an insurance claim, upholding Wawanesa’s case dismissal. The decision reinforces the legal standard that coverage requires a demonstrable alteration to property, potentially impacting future wildfire-related claims.

Asia Insurance Review (2/14/2025)
The UK and US declining to sign the AI declaration at the Paris summit highlights deepening global divisions over AI regulation. This uncertainty increases risks for insurers, requiring them to stay prepared for evolving oversight challenges.

IRMI (2/14/2025)
From rising climate risks and legal system abuse to evolving AI and cyber threats, 2025 presents major challenges for workers' comp and risk management. Experts highlight the need for stronger mental health support, regulatory awareness, and strategic risk mitigation to navigate these complex trends.

Strategic Risk (2/12/2025)
The rapid rise of DeepSeek is reshaping the AI landscape while exposing new risks for businesses, including data security vulnerabilities and cyber threats. A recent attack on the platform underscores the need for risk managers to reassess AI security strategies, enforce data governance, and educate employees on safeguarding sensitive information.

Captive International (2/13/2025)
Market uncertainty will define 2025 as the second Trump administration enacts policy shifts affecting taxes, tariffs, and regulations.

Carrier Management (2/14/2025)
Reconstruction costs have skyrocketed over 60% in the past decade, driven by inflation, labor shortages, and supply chain delays, according to Verisk. While cost growth is slowing, insurers still face higher claims expenses and rising premiums.

RIMScast
Communication and relatability expert Rachel DeAlto will be a mainstage keynote speaker on May 6 at RISKWORLD. A former insurance defense attorney, speaker, author, and startup leader, Rachel shares tips for creating connections and how to be authentic within professional boundaries.
Free podcast!

RIMS Virtual Workshop – February 26-27
This workshop prepares professionals to develop and integrate a practical ERM approach that creates and protects organizational value while improving efficiencies. The course covers all the steps to build a program, starting with how to gain commitment by creating an ERM value statement and strategy through monitoring progress by learning how to assess priorities and measure results against expectations.
Register today! 

RIMS-CRMP Story
Formerly of the Department of Defense, Jason Venner discussed why the RIMS-CRMP-FED appealed to him and how he leverages skills and knowledge from the certification daily at Diligent. 
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