Riskwire
Today's Feature
Risk Management Magazine (11/4/2025)
In a Workiva survey of over 2,300 finance, sustainability, audit and risk professionals, 74% said they are using AI regularly in their day-to-day work, and 88% reported a notable increase in return on investment from AI use over the past year.
Industry News
Insurance Journal (12/3/2025)
The failed push highlights risk management challenges for tech firms. Without federal preemption, companies face fragmented state AI rules, increasing compliance complexity and liability exposure. Industry seeks uniform standards to mitigate regulatory uncertainty and operational risk.
Carrier Management (12/2/2025)
KCC’s updated winter storm model predicts higher chances of losses exceeding $20 billion from severe cold events. It adds terrain effects and building details to improve risk assessment, helping insurers manage exposure and prepare for catastrophic weather-driven claims.
Business Insurance (12/3/2025)
Workers comp litigation over COVID persists as courts shape rules for infectious disease coverage, creating uncertainty and risk for employers and insurers managing liability and compliance exposure.
PropertyCasualty360. (12/1/2025)
Cuts over 18 months come as AI automates call center tasks. The move aims to boost efficiency and service quality while managing operational risk amid growing reliance on AI-driven processes.
Insurance Business (12/3/2025)
Many companies put profits at risk by lacking mature risk frameworks, leaving them exposed to rising costs, cyber threats and regulatory demands. The report based on 10 industries found that few treat risk as a shared responsibility, creating gaps in governance and increasing vulnerability to AI-related and compliance pressures.
Captive International (12/2/2025)
Captive programs are shifting from deductible reimbursement to reinsurance structures for better economics, flexibility and compliance. Reinsurance models improve capital efficiency, reduce contractual fragility and enhance market access, helping organizations manage long-term risk and optimize underwriting profit.
Canadian Underwriter (12/1/2025)
U.S. enforcement of customs fraud raises exposure for exporters. Businesses should review coverage options like political risk, contingent business interruption, export insurance and trade credit to mitigate financial and operational risks from tariff-related disruptions and contract cancellations.
Rims Resources
  
Message from RIMS Leadership
RIMS President Kristen Peed recaps a highly successful ERM Conference 2025 and urges the risk community to focus on professional development this December. This President’s Message also includes news and updates about RISKWORLD 2026 scheduled for May 3-6 in Philadelphia.
  
RIMS Professional Report, Sponsored by Global Risk Consultants
Insured catastrophe losses in 2025 are projected to exceed $150 billion, driven by severe convective storms, floods, and other “secondary” perils now rivaling traditional catastrophes. And, of course, the next “unthinkable” event could be right around the corner. For risk managers, brokers, and underwriters, data and preparedness programs must be ready when it does. Global Risk Consultants outlines how to leverage property risk engineering, site-specific data, and independent natural-hazard assessments to strengthen property insurance submissions with credible, measurable insights.
  
RIMS Virtual Workshop – December 11
An organization’s ERM program relies heavily on data analytics, but the quality of data used often determines the quality of an ERM program itself. Are you equipped with the tools needed to assess, combine, manage, visualize and present data in an effective manner? In this workshop you’ll learn just that, along with how to determine what represents quality data and the sources from which such data originates. 
RIMS Career Center Jobs
San Francisco, California
Metropolitan Transportation Commission
Greenville, South Carolina
City of Greenville
Mechanicsburg, Pennsylvania
Horizon Farm Credit
RIMS Career Center Entry-Level Jobs
Chicago, Illinois
The Chicago office of Milliman Inc. is looking for enthusiastic and qualified candidates to join its Life, Financial Services, and Life Technology Solutions (LTS) practice for an internship/co-op work term. The candidate will be assigned to work in either the Mergers and Acquisitions or the Financial Risk Management group. The two groups work closely together on mergers and acquisitions projects and other assignments such as risk-based capital impact analysis.
Westfield Center, Ohio
The Risk Control Trainee, working under direct supervision, is responsible to acquire knowledge, experience, skills, and business acumen in the assigned area. The role completes educational, work, and relationship building experiences and participates and engages in all assignments/experiences, soliciting feedback regarding performance, and closing gaps in his/her knowledge, skills, and business acumen. In addition, the role also establishes a strong foundation by building relationships and identifying resources that will help them in their career.
Alpharetta, Georgia
Arch’s summer internship program offers students a unique opportunity to gain hands on experience in the insurance industry. It provides a learning experience that serves as a foundation for interns to explore their career choices and to develop professional skills. Working alongside some of the most talented members of the specialty insurance industry, interns will gain relevant expertise in various aspects of the field.