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Riskwire
Today's Feature
Canadian Underwriter (8/14/2019)
Brokers looking to give their customers any positive news on rates potentially coming down shouldn't get their hopes up. That's because industry experts believe there’s little indication that we'll see fewer collisions on roads despite all the safety technology found in today’s new vehicles.
Naylor Association Solutions
Industry News
Property Casualty 360 (8/14/2019)
A class action over Facebook's facial recognition technology will go forward after a federal appeals court found that the social media site’s app could "violate the plaintiffs' substantive privacy interests."
Risk & Insurance Magazine (8/16/2019)
Your Domino's delivery is on its way ... but maybe not if you live in the United Kingdom. British-run stores of the American pizza franchise have been stockpiling goods that may see disruption in their supply chains should the UK pursue a no-deal Brexit this fall.
Risk Management Magazine (8/1/2019)
Every year, thousands of products are recalled across a wide range of categories. In the event of a product recall, a host of factors come into play, including litigation initiated by the manufacturer against a supplier, distributor or food processor that allegedly committed an act that caused the recall.
Insurance Journal (8/15/2019)
Marijuana access leads to reductions in opioid-related deaths, according to new research using data from 1999 through 2017. Investigators found that legalization and access to recreational marijuana cause a significant decline in opioid mortality with particularly pronounced benefits in states that have legalized recreational usage.
Naylor Association Solutions
Risk Management Magazine (8/1/2019)
Working with third parties has become an essential part of business operations. Unfortunately, third-party risk management still receives insufficient attention, especially when it comes to data security. According to a study by the Ponemon Institute, the average company shares sensitive information with approximately 583 third parties as part of its business activity, but only 34% of organizations keep a comprehensive inventory of those third parties.
Property Casualty 360 (8/13/2019)
Insurance carriers and other financial services businesses are increasingly reliant on third-party administrators, particularly in this age of increased business-technology demands and consumer expectations. The problem is, partnering with a third party often requires sharing confidential and sensitive information.
Canadian Underwriter (8/15/2019)
Underwriters can better price cyber insurance if they have a clear understanding of that user's real risk of being breached. To do that, it's essential to understand when a user’s email and password combination has been exposed in a previous data breach.
Risk & Insurance Magazine (8/12/2019)
The once-predictable automotive industry is at an interesting crossroads, facing numerous market-changing risks. From the push for new technologies, such as self-driving and electric cars, to competition from ride-sharing apps and a decline in foreign-market car sales, it's no wonder that in June the New York Times declared that "The Car Industry is Under Siege."
Rims Resources
  
Daniel Kaniewski, PhD, FEMA's Deputy Administrator for Resilience will keynote the RIMS Legislative Summit this October 16-17 in Washington, D.C. Daniel leads all of FEMA's pre-disaster programs, including those aimed at preparing individuals and communities for disasters, enhancing capabilities of state and local response agencies, strengthening vulnerable infrastructure, insuring against catastrophic losses, and supporting continuity of operations/government. This members-only event will also include a negotiation workshop where attendees will gain customized negotiation and influence training to help influence their elected officials and sharpen their negotiation skills for better career outcomes. Find out how you can advocate and promote policy solutions on behalf of risk managers across the country.
  
As a risk management professional, you know how important it is to manage the risks your organization faces, but what about the risks faced by the third parties that you depend on? Can they impact you? The answer is YES! Actions taken by entities and individuals among your third-party network place your company at risk every day. The question is, "How do you manage your company's risk and proactively monitor for potential damages from your business partners?" Attend this complementary webinar sponsored by LexisNexis on August 22 to learn why and how you can accomplish enhanced third-party risk management through innovative due diligence and monitoring technologies.