Risk Management Magazine (7/1/2025)
AI adoption rose by 10% last year, going from 54% in 2023 to 64% in 2024, but more business leaders are acknowledging AI risks than in previous years. In Gallagher’s 2025 Attitudes to AI Adoption and Risk Survey, 68% of business leaders still view AI as an opportunity, but this is down from 82% a year ago. Meanwhile, 11% now see AI as a potential risk, up from only 5%. “AI has immense potential to boost efficiency, automate complex operations and enhance predictive data analysis,” said John Farley, managing director of Gallagher’s cyber liability practice.

IRMI (7/11/2025)
RISKWORLD 2025 highlighted the growing strategic importance of risk professionals, emphasizing how emerging technologies like AI, the rise of social inflation, expanded use of captives, and the evolution of enterprise risk management are reshaping the risk landscape while reaffirming the irreplaceable value of human leadership in a tech-driven world.

Insurance Journal (7/11/2025)
As climate change makes extreme weather more frequent and intense, experts warn that outdated thinking, underprepared infrastructure, and insufficient government response are leaving society dangerously vulnerable to increasingly devastating disasters.

Carrier Management (7/10/2025)
Colorado State University researchers slightly reduced their Atlantic hurricane season forecast due to increased Caribbean wind shear, now predicting 16 named storms, eight hurricanes, and three major hurricanes, while still anticipating a slightly above-average chance of major U.S. and Caribbean landfalls.

Business Insurance (7/8/2025)
The directors and officers liability insurance market is showing signs of stabilization, with slowing rate reductions for mature public companies amid rising claims and insurer caution, while private company coverage remains competitive and underwriters begin focusing more on emerging risks like AI and potential regulatory shifts.

Reinsurance News (7/11/2025)
Despite the catastrophic flash floods in central Texas that killed at least 120 people and caused extensive damage, Aon expects limited insured losses due to low flood insurance uptake in rural areas, though total economic losses may reach billions.

Business Insurance (7/8/2025)
Commercial property insurance rates declined sharply at midyear renewals—especially for catastrophe-exposed accounts—due to abundant capacity and strong competition, though future pricing could be affected by major hurricanes or cost inflation.

Risk & Insurance (6/23/2025)
Advancements in AI, automation, and value-based care are transforming workers’ compensation by enabling more efficient, outcome-focused claims management that addresses both physical and mental health needs while improving recovery and reducing costs.

Canadian Underwriter (7/11/2025)
Manitoba has declared a provincewide state of emergency as wildfires burn over one million hectares and force the evacuation of more than 12,000 people, with military assistance aiding remote communities and evacuation shelters being set up in Winnipeg.

RIMScast
Three-time company founder and executive coach Huw Edwards will kick off the inaugural RIMS Texas Regional Conference on August 5th.  He joined RIMScast to offer a preview of his keynote by discussing his career and risk philosophies and how competing in ultramarathons provided him with a new level of resilience and mental toughness.

E-Book, Sponsored by Origami Risk
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Join this Risk Management Roundup in San Antonio from August 4-6. Dive into sessions led by top industry voices who will address the unique challenges and opportunities specific to Texas risk management.

McDonough, Georgia
At Amwins, we succeed together — and have a good time doing it. We know people don't leave companies. They leave cultures — which is why we work so hard on ours. At Amwins, we thrive on collaboration, not cutthroat competition. Our teams work together to help each other succeed, and we do right by our clients so they can do right by theirs.

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LAUNCH YOUR INSURANCE CAREER AS A BUSINESS DEVELOPMENT ASSOCIATE
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Itasca, Illinois
Apply Now! For more than 170 years, The Hanover has been committed to delivering on our promises and being there when it matters the most. We live our values every day, demonstrating we CARE through our values, Sustainability initiatives and inclusive corporate culture. Our Casualty Claims team is currently seeking early in career talent to join our Claims Development Program in our Itasca, IL location. This is a full-time non-exempt role.