RIMS Risk Management Magazine (5/28/2026)
On March 16, 2026, the U.S. Consumer Product Safety Commission (CPSC) announced that Shimano, Inc., and Shimano North America Holding, Inc., agreed to pay an $11.5 million civil penalty for failing to immediately report defective bicycle cranksets that posed a crash hazard to consumers. Per the CPSC, Shimano received thousands of warranty claims between 2013 and 2022 about its 11-speed Bonded Hollowtech II bicycle cranksets separating during use, along with dozens of complaints from consumers around the world who sustained serious injuries in related bicycle falls, including bone fractures. During that period, Shimano made nine design and manufacturing changes to the cranksets, resulting in 25 modifications intended to make them less likely to come apart. Despite this, Shimano did not report the issue to the CPSC until it finally recalled 680,000 cranksets in September 2023.

Strategic Risk (5/28/2026)
Risk professionals at a Strategic Risk roundtable urged that chief risk officer roles become standard outside banking and insurance, calling broad CRO adoption essential to proactive risk management. One UAE industry body is lobbying to make CRO hires mandatory for listed companies, mirroring rules for licensed financial institutions.

Corporate Compliance Insights (5/29/2026)
The Securities and Exchange Commission moved to begin formally rescinding Biden-era rules requiring some public companies to disclose greenhouse gas emissions and climate-related risks. The rules, stayed in 2024 amid litigation, never took effect. Many affected firms still face state and overseas disclosure mandates.

Insurance Business (5/29/2026)
Climate risk has shifted from a peripheral ESG concern to a core underwriting and dealmaking factor, Aon and Swiss Re data suggest. Natural disasters caused an estimated $260 billion in 2025 economic losses, more than half uninsured, and shifting insurability can erode asset value across an investment’s hold period.

Carrier Management (5/29/2026)
Residential roof replacement costs rose 33% in 2025 to average $17,631, even as overall claim volume fell nearly 20% amid a quiet hurricane season, Verisk found. Frequent hail and aging roofs are driving severity, with 16 states seeing hail damage to more than 20% of roofs.

Reinsurance News (5/29/2026)
Risk-adjusted property catastrophe reinsurance rates fell roughly 20% at June 1 mid-year renewals, with some placements declining further, KBW reported. Despite the pricing drop, the stricter terms and conditions imposed during the 2023 hardening have largely held, and Florida placements were nearly complete.

Business Insurance (5/28/2026)
Transactional risk insurance claim notifications rose 34% in 2025 to 665 across 386 transactions, Marsh reported, with insurers paying nearly $650 million net of retentions. Representations and warranties policies generated 96% of claims, and financial statement breaches drove 52% of payouts, underscoring high-severity exposure.

Canadian Underwriter (5/28/2026)
Canada’s 2026 wildfire season has started slowly but overall risk stays high, federal officials said, citing warm, dry conditions. The interagency fire centre counted 65 active fires, six out of control. British Columbia and the Northwest Territories face the greatest risk, following 2025’s second-worst season on record.

RIMScast
Fresh off their RISKWORLD session of the same title, Ward Ching and Aaron Olson of Aon about their recent session at RISKWORLD 2026 discuss the dizzying, disruptive transformation in today’s market, where conventional risk management frameworks, tools, and solutions have become increasingly ineffective. The co-authors of Strategy and Change: Finding Opportunity in Disruption Through Insight, Choice, and Risk, the duo explores technological innovation in terms of the new powers of next-generation microprocessors and the accompanying robustness of machine learning-based analytics. Free podcast!

Professional Report, Sponsored by Optro
Many organizations are unprepared to meet the modern era of risks, characterized by gaps in third-party vendor visibility, a lack of clear governance, and a shortage of personnel with AI security expertise. The Cyber Risk Playbook for the AI Threat Era draws on research from over 200 GRC, IT, and cybersecurity professionals to gain new insights into AI-enabled attacks. It also includes a five-step roadmap to developing proactive, systemic cyber resilience that's driven by AI.

November 19–20 | Columbus (Session Submission Deadline June 19)
The risk landscape is changing fast. Is your enterprise risk management strategy keeping up?  RIMS greatest asset is its community. RIMS is calling on the global risk management community to help shape the agenda with timely insights, leading practices, and practical takeaways for today’s ERM professionals. Whether your topic is foundational or advanced, your experience can help peers navigate a rapidly shifting risk landscape and bring ideas back to their organizations. RIMS ERM Conference 2026 is scheduled for November 19-20 in Columbus, Ohio. The deadline to submit a session is June19. Submit a session today.

Advanced Rates End June 5
Saddle up and register for RIMS Texas Regional Conference, scheduled for August 10-12 in San Antonio. The two-day conference will address the unique challenges and opportunities specific to Texas risk management, as well as global trends and risk management strategies. RIMS Texas Regional Conference is delivered to you by the volunteer risk professionals who lead RIMS four Texas Chapters – Central Texas, DFW, Houston, South Texas. Advanced registration rates end June 5, 2026.

Bakersfield, California
Kern Community College District

Chicago, Illinois
MSIG USA

New York, New York
Steadfast Financial LP

Springfield, Missouri
At Amwins, we’re not just developing underwriters — we’re building elite sales professionals.
Our Underwriter Development Program (UDP) at Amwins Access is a 2.5-year intensive training track designed to fast-track your career as a Production Underwriter — a role that combines strategic sales with technical underwriting. This role is not a traditional underwriting position — it is a highly sales-driven role where you will be measured on performance metrics, build and manage your own profitable book of business, and take ownership of sourcing and developing new opportunities to underwrite throughout the program.

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.