Risk Management Magazine (5/21/2025)
The Department of Government Efficiency (DOGE) recently laid off approximately 6,000 employees of the United States Department of Agriculture (USDA). Additionally, the Trump administration has proposed almost $40 million in budget cuts to the Food and Drug Administration (FDA) and a $1 billion decrease in the USDA budget, which recently resulted in workforce cuts and the suspension of services such as milk quality tests.

Carrier Management (5/22/2025)
Captive insurance companies are expected to remain valuable as commercial property insurance rates moderate, and at a panel at RIMS RiskWorld, experts discussed the state of the market.

Business Insurance (5/21/2025)
RIMS launched its chief risk officer certificate program in advanced enterprise risk management, which is designed to equip senior risk professionals with tools, frameworks and insights to navigate the evolving risk landscape.

Insurance Journal (5/6/2025)
At RIMS RiskWorld, Jennifer Akre, Managing Partner at Tyson & Mendes, spoke about evolving litigation trends and under-the-radar risks in medical billing practices.

Insurance Insider US (5/6/2025)
Uncertainty around political climate, weather and a possible recession is firming the market, said Wendy Houser, President, wholesale and specialty, Markel.

Asia Insurance Review (5/23/2025)
Geopolitical rivalries, policy uncertainties and competition over critical minerals are causing the risk landscape to intensify and drive the demand for protection.

Reinsurance News (5/21/2025)
British retailer Marks & Spencer disclosed that the recent cyberattack it experienced led to an operating loss of £300 million for the 2025-26 fiscal year.

Risk & Insurance (5/20/2025)
Even as pandemic concerns recede, nearly two-thirds of organizations are experiencing higher-than-expected supply chain losses.

Canadian Underwriter (5/22/2025)
In Canada, every province has its own cyber incident reporting framework, which makes it difficult to access data from other regions, so insurance regulators are recommending that the reporting framework is harmonized across the nation.

RIMS President’s Message
There were so many memorable RISKWORLD moments. RIMS President Kristen Peed reflects on the tremendously successful conference that attracted nearly 11,000 risk professionals from around the world. The message also includes updates about new RIMS initiatives and upcoming opportunities built for the RIMS community to thrive.

RIMS-CRMP Story
Tanya Stegmeier was already a seasoned professional when she earned the RIMS-CRMP in 2020. The Alberta, Canada-based risk analyst discussed how the certification coincides with others while elevating her knowledge and professional profile.

 

 

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