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Riskwire
Today's Feature
Risk Management Magazine (4/23/2025)
In recent years, the intensity of storms and the length of droughts that exacerbate wildfires have coincided with increasingly variable weather patterns generally attributed to long-term climate change. Whether it is the amount of rainfall, size of hail, frequency of tornadoes or locations of wildfires, the increasing unpredictability of catastrophic events means companies must go beyond traditional insurance approaches to proactively strengthen their properties’ resilience against the unexpected. 
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Industry News
Risk & Insurance (4/21/2025)
RISKWORLD in Chicago will include the session “Ransom, Regulation, Kinetics, and Biometrics: Cutting-Edge Insurance Solutions for Today’s Risk Landscape,” which covers the intersection of cybersecurity and risk management.
Strategic Risk (4/17/2025)
Crimes like fly tipping, vandalism and theft against empty commercial properties have increased over the past three months.
Insurance Journal (4/21/2025)
Microsoft reported 1,360 vulnerabilities in its products in 2024, with those associated with its Office suite doubling from its 2023 numbers.
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Reuters (4/23/2025)
The Federal Bureau of Investigation reported that cybercrime cost victims $16 billion in 2024, with low tech scams like phishing being largely responsible for the increase.
Business Insurance (4/23/2025)
A Rhode Island bill allowing workers to sue "employers for bullying or psychological injuries in the workplace" would create a double remedy with another law that allows employees to file workers compensation claims for mental injuries suffered on the job.
Reinsurance News (4/22/2025)
Cyber insurers are building more comprehensive, tailored solutions to increase capacity and position cyber coverage as an essential, value-driven investment.
Carrier Management (4/22/2025)
With many drugs being manufactured outside the United States, the fluid tariff situation could have a heavy impact on workers compensation insurance lines.
Insurance Business (4/22/2025)
Businesses' supply chains are at risk as shifts in global trade policies led by tariffs from the U.S., and risk managers need to be proactive to reduce disruptions.
2025 Captive Outlook: A market returning to its roots
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"What was old is new again: captive insurance, once established to address catastrophic property risks and emerging exposures, now finds renewed relevance where a potential sizable gap in the understanding and confidence of an emerging risk may exist,” says Steve Bauman, Global Programs & Captives Director, Americas AXA XL. Read more here: 
2025 Captive Outlook: A market returning to its roots.
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Rims Resources
  
RIMS-CRMP Story
Karthick Dalawai spent years in financial risk management before transitioning to ERM. He discussed how the RIMS-CRMP has enhanced his role as Chief Risk Officer for Penn Mutual.
  
RIMS Webinar, Sponsored by Riskonnect
On April 24, risk leaders from Discount Tire discuss with Riskonnect the evolving role of risk managers, key data-sharing opportunities, and the essential metrics that bridge the gap between insurance and business continuity for a more resilient organization. Non-members enter discount code BETTER50 at checkout for complimentary registration.
 

 
  
RIMS In-Person Workshops – Chicago – May 3-4
RISKWORLD is just a few weeks away and RIMS is offering the global risk community a series of pre-conference, in-person workshops to choose from while there. In total there are seven in-person RIMS workshops to choose from that will cover captive management, ERM, the RIMS-CRMP Certification prep, risk appetite management, contractual risk transfer, as well as the fundamentals of risk management and insurance.
RIMS Career Center Jobs
Sarasota County Government
Sarasota, Florida
City of Vaughan
Vaughan, Ontario, Canada
Santa Clara Valley Transportation Authority
San Jose, California
RIMS Career Center Entry-Level Jobs
Atlanta, Georgia
AIG is reimagining the way we help customers manage risk. Join us as an Underwriting Analyst to play your part in that transformation with opportunities to learn and grow as a valued member of the team. When you join AIG, you will be part of a connected cohort community of early career talent participating in a program that equips you with learning experiences and skills needed to launch your career.