Risk Management Magazine (5/7/2026)
In late March, a jury in California held Meta and YouTube liable for millions of dollars in damages related to the allegedly addictive design of its social media platforms, Facebook and Instagram—a decision Meta has vowed to appeal. However, an earlier, separate decision related to that case is garnering attention for its insurance coverage implications.

Business Insurance (5/5/2026)
A RIMS Riskworld panel said risk managers are increasingly expected to anticipate, quantify and reduce risk as part of broader business strategy — not just buy insurance. RIMS President Manny Padilla stressed the need to define organizational priorities before measuring results. Jennifer Pack of Hyatt Hotels said forecasting now draws on internal data, external analytics and industry intelligence. Chris de Wolfe of Mars argued that insurance should be a last resort, with mitigation and prevention taking priority. Franck Baron of International SOS said AI can sharpen risk analytics but adoption has been slow. 

Reinsurance News (5/8/2026)
The FEMA Review Council has recommended overhauling the National Flood Insurance Program, calling for risk-based pricing, expanded private market participation and a take-out program to shift NFIP policies to private carriers, mirroring the Florida Citizens model. Equity analysts cited growth opportunities for flood insurance specialists if the recommendations move forward.

Reinsurance News (5/7/2026)
Aon's Joe Peiser said geopolitical volatility has become a baseline planning assumption for risk managers, not a tail risk. Aon said Hormuz shipping disruption is tightening capacity and lengthening placement timelines across marine, aviation, property, cyber and trade credit lines, with underwriters demanding stronger documentation on contingency planning and claims governance.

Insurance Journal (5/8/2026)
Cyber MGA Cowbell reports ransomware attacks rose 45% in 2025 while average ransom payments fell 44% since 2022, driven by stronger negotiation strategies, better incident response plans and backups that enable recovery without decryption keys. Data breaches, cybercrime and extortion events accounted for 83% of Cowbell's claims over 18 months; double-extortion and data-only schemes are now the dominant attack pattern.

Insurance Journal (5/7/2026)
Meteorologists are forecasting roughly 13 named Atlantic storms for 2026 — below last year's pace — but analysts warn that even a near-average season poses severe exposure to the U.S. power grid, which remains vulnerable to storm-driven outages that trigger long-tail business interruption and contingent liability claims.

Reinsurance News (5/8/2026)
Gallagher Re's 2025 Reinsurance Market Report shows global dedicated reinsurance capital hit a record $648 billion, up 11% year over year, with 76% of tracked reinsurers posting double-digit growth. Non-life alternative capital rose 18% to $135 billion — its strongest annual gain on record — while capital supply growth significantly outpaced demand, sustaining competitive conditions into 2026.

Canadian Underwriter (5/8/2026)
Pennsylvania sued Character Technologies Inc., maker of Character.AI, alleging its chatbots illegally impersonate licensed physicians and deceive users into believing they are receiving professional medical advice. The state's Commonwealth Court filing seeks an order barring the chatbots from practicing medicine. An investigator found characters describing themselves as licensed psychiatrists capable of conducting medical assessments. The case carries first-party liability implications for insurers deploying chatbots and third-party professional liability exposure for clients doing the same, and could help establish whether AI companies are shielded by federal internet liability law.

Carrier Management (5/8/2026)
Mexico City is sinking nearly 10 inches per year — among the fastest subsidence rates of any major city on Earth, according to satellite imagery. The city of 22 million was built atop an ancient lake bed. A century of groundwater over-extraction has steadily compacted the clay-rich aquifer beneath it, fracturing roads, buildings and water lines. The airport and central districts are among the hardest-hit areas. Researchers say the data, captured between October 2025 and January 2026, gives officials the precision mapping needed to target infrastructure reinforcement and water management reforms.

RIMScast
Jeff Bray, Senior Vice President, Head of Global Risk Management for Prologis, was named the 2026 RIMS Risk Manager of the Year. Jeff joined the show to discuss his more than 20-year career in risk management and the challenges and excitement of leading risk management for an organization responsible for 3% of the global GDP.

RIMS Executive Report – Now Available!
For the risk practitioner, supporting the board’s risk oversight duties can be challenging given the broad scope of reporting, the dynamic environment and complexities impacting the organization, and the ongoing challenges the board faces in balancing the expectations of diverse stakeholders who may have competing interests. This RIMS report explores practical insights and guidance to effectively deliver the right information to leadership.

RIMS Webinar, Sponsored by Origami Risk
On May 14, Origami Risk leaders will explore how organizations can assess where their programs stand today and where gaps may be emerging. The webinar will focus on what more mature, future-ready programs do differently, and how the technology used to aggregate data, streamline workflows, and support reporting can either enable or hinder progress. Register today!

RIMS Compensation Survey
The 86-page survey provides detailed compensation analysis by industry, location, and position for virtually all risk professional positions. It comprises data from 1,068 completed surveys submitted by full-time risk professionals and offers findings for seven different risk management job titles. The survey also demonstrates the impact of education, experience, and certain demographics on compensation, as well as benefits and additional cash compensation programs available to practitioners.

Edmonton, Alberta, Canada
City of Edmonton

Lenexa, Kansas
Heartland Coca-Cola

Los angeles, California
LA Metro

Canonsburg , Pennsylvania
USG is a national wholesale insurance broker and managing general agent (MGA), operating in all 50 states with access to over 400 markets. We are consistently recognized as a top MGA and workplace, with a strong focus on collaboration, mentorship, and professional growth. We are seeking a motivated and detail-oriented intern to support our underwriting and operations team. This role provides hands-on exposure to the insurance industry, including support, policy processing, and day-to-day operations.

Hamilton, New Jersey
The Berkley Accident & Health Human Resources Intern supports the A&H team in areas of underwriting, claims analysis, compliance, program development and HR operations. This role is designed for students interested in insurance, risk management, healthcare benefits, or data analytics. The intern will gain hands-on experience working with specific department, learn real business data, industry processes, and contributing to team projects.

Nashville, Tennessee
Select Actuarial Services is an independent property and casualty actuarial consulting firm. We specialize in the analysis of risks retained by non-insurance entities, either through self-insurance or captive insurance company arrangements. We have an established base of long-term, satisfied clients in many fields and we expect this base to continue to grow. This growth has compelled us to look for a qualified team member. We are currently seeking to hire a team member to work with us in the technical analyses required to complete our actuarial projects. Duties will include analysis of data in electronic spreadsheets, running loss modeling software, and checking exhibits for accuracy. Select Actuarial Services is prepared to offer a competitive salary, a full exam program and a comprehensive benefits package. Upcoming and recent graduates are encouraged to apply.