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Today's Feature
Risk Management Magazine (4/9/2025)
On May 25, 2018, Jason Seaman arrived at work to teach science to his middle school students at Noblesville West Middle School in Indiana. During the school day, a student came back from the bathroom with two handguns and opened fire, striking both Seaman and a classmate. Seaman disarmed the student by throwing a small basketball that he usually holds while he teaches.
Industry News
PropertyCasualty360 (4/17/2025)
Third-party vendors have become a weak link in companies' cybersecurity, showing the increasing risk of sharing sensitive customer data with their third-party vendors. Carrier Management (4/17/2025)
Although cyber breaches have fallen slightly in 2025 from their record high in 2024, middle market companies cannot affoard to slack on their cybersecurity efforts.
Reuters (4/16/2025)
U.S. officials announced that it will continue to support the MITRE Corp's Common Vulnerabilities and Exposures database, which "acts as a catalog for cyber weaknesses and allows IT administrators to quickly flag and triage the different bugs and hacks discovered daily." Business Insurance (4/17/2025)
Global insured losses reached $53 billion in the first quarter driven largely by the fires in Los Angeles, which is more than triple the first-quarter average over the past 25 years. Reinsurance News (4/14/2025)
The catastrophe bond and related insurance-linked securities saw a $7.1 billion of issuance in the first quarter of 2025, marking the second largest single quarter of cat bond issuance since the second quarter of 2024. Risk & Insurance (4/4/2025)
Companies can use sensors to collect hyper-localized data on environmental factors that give a better understanding of local extreme weather events.
Rims Resources
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