Property Casualty 360 (6/6/2019)
Customer trust and company reputation go hand-in-hand. When one is damaged, the other is impacted. Proactively managing reputational risk is crucial for any business, particularly because current sentiment makes it easier than ever for years of hard work to vanish.

Risk Management Magazine (9/1/2015)
The National Transgender Discrimination Survey found that 90% of respondents were harassed or mistreated at work for being transgender or hid who they were to avoid such treatment, and 26% had lost a job because they were transgender.

Canadian Underwriter (6/6/2019)
What if a terrorist attack interrupts your client's business, but causes no actual injuries or damage to that client? Some insurers today are covering non-damage costs and loss of attraction. This could come into play if there is a terrorist attack and your client loses business because police cordon off several square miles, Paddy McConvey, Toronto-based assistant vice president of Marsh Canada, said in a recent interview.

Insurance Journal/Reuters (6/6/2019)
Companies are failing to disclose sufficient detail about how exposed they are to the potential risks of climate change, a global task force said in a report on Wednesday. Many investors have called on companies to provide better communication on how climate change could impact their businesses, amid concerns that assets are being mispriced because the full scale of the risk is not being factored in.

Risk & Insurance Magazine (6/4/2019)
Commercial insurance rates continue to rise across the globe. Average commercial insurance prices rose by 3% in the first quarter of 2019 and marked the sixth consecutive quarter of increases, according to the latest Global Market Insurance Index by Marsh.

Risk Management Monitor (6/7/2019)
The World Health Organization (WHO) has officially recognized workplace burnout as an occupational phenomenon in the latest version of its "International Classification of Diseases" (ICD). This official designation indicates how serious workplace burnout and stress are as an impediment to a healthy, productive work environment, and how important it is for employers to take concrete steps to address it.

Property Casualty 360 (6/5/2019)
U.S. severe convective storms have grown to represent a 10-billion-dollar annual peril for the insurance industry, and their accurate prediction remains a challenging task. In addition, we now live in a world where these extremes are changing in frequency and location.

IT Pro (6/5/2019)
Two separate data breaches at a payment collection firm have resulted in the exposure of sensitive information belonging to 20 million people. The medical testing giant LabCorp said on 4 June that sensitive personal and financial information of 7.7 million of its customers had been exposed as a result of a security breach sustained by the American Medical Collection Agency (AMCA), according to a filing with the Security and Exchange Commission.

Risk & Insurance Magazine (6/7/2019)
Builder's risk is an unusual coverage in many ways, and one that is often misunderstood. "It's really an extraordinary coverage," said John Chino, area senior VP at Gallagher. "You are buying coverage not only for yourself as the insured, the owner of the new construction, but it also extends to the general contractor and all the subs. You won't find too many insurance policies that do that."

By customizing an active shooter plan that focuses on prevention, training, feedback and post-incident protocols, employees will be mentally and physically prepared to react to violent threats, according to RIMS new Professional Report titled, Active Shooter Preparedness for Your Organization. Authored by RIMS Business Content Writer Justin Smulison and featuring insight from workplace violence and business continuity experts, the report highlights opportunities for risk professionals and their organizations to identify warning signs of potential attacks, best practices in communication and pre-event training, as well as strategies to implement a coordinated effort that minimizes injuries, property damage and uncertainties.

The RIMS Risk Maturity Model (RMM) is both a best practice framework for enterprise risk management and a free online assessment tool for risk professionals. The RMM allows you to assess the strength of your ERM program and make a plan for improvement based on your results. After taking RIMS RMM, your organization will be provided a maturity report and an actionable set of guidelines that can help you begin improving your ERM program immediately. Empower your organization by taking these best-practice steps towards a successful and efficient risk management program that can improve business performance.