Riskwire
Today's Feature
Risk Management Monitor (12/18/2019)
We all know to watch for suspicious emails. But phishing emails are becoming increasingly more sophisticated, tricking even the savviest among us. The costs to consumers, businesses and institutions keep adding up: According to the FBI, online theft, fraud and exploitation totaled $2.7 billion in financial losses in 2018.
Naylor Association Solutions
Industry News
Commercial Risk (12/17/2019)
Catastrophic events could wipe $584bn from the global economy in 2020, 3% higher than the value at risk this year, according to analysis from the Centre for Risk Studies (CRS) at the University of Cambridge.
Canadian Underwriter (12/13/2019)
When pricing property coverage in the future, it's time for the industry to ask itself: "How are we going to deal with changes in weather?"
Risk & Insurance Magazine (12/15/2019)
It's great that the economy is humming along and that jobs are added quarter by quarter. But the cost of all this production to meet consumer demand is that many executives are losing sleep. The cause? Fear of production and manufacturing equipment failure.
Property Casualty 360 (12/17/2019)
The claims insurance workforce continues to change. Affected by retirements, new technology, increasing customer expectations for transparency and flexibility in service options, carriers are retooling both their technology and their staffing options.
Naylor Association Solutions
Risk Management Magazine (12/2/2019)
Every insurance policy contains a condition requiring the policyholder to give "prompt notice" (or similar language) to the carrier regarding any potential covered loss.
Insurance Journal (12/16/2019)
Tropical Storm Imelda landed on the Texas Gulf Coast on September 17, 2019. Over the three-day duration of the storm, 43 inches of rain saturated some locations, with nearly 30 inches falling over a 12-hour period.
Property Casualty 360 (12/17/2019)
Today's consumers increasingly use mobile devices to monitor social feeds, research services, products and providers, communicate with contacts via text and voice, and much more.
Canadian Underwriter (12/16/2019)
The privacy policies of all the major federal political parties failed to ensure people gave valid consent to the collection and use of their personal information, concluded an analysis by the federal privacy commissioner.
Asia Insurance Review (12/11/2019)
More stringent regulation is the top challenge faced by life insurers in Australia, a new report from the international professional services firm EY says.
Rims Resources
  
The RIMS Benchmark Survey tracks the year-over-year changes in the insurance marketplace. It provides the only independent, fact-based review of the cost of risk to insurance purchasers - unbiased by the brokers or insurers involved. The 2019 Survey collected data from 16,000+ insurance programs and represented more than $3.95 billion in premium. The Survey showed increased TCOR across several lines of coverage. What will 2020 show? Contribute your data by December 31 to find out.
  
The worlds of IT and risk management professionals are colliding, not in a destructive way, but in a way that can forge a constructive and symbiotic relationship through enterprise risk management practices. In some organizations, this relationship has yet to be fully realized. ISACA and RIMS team up in this webinar on January 7 to explore ways to bridge the digital risk gap through a common language and mutual understanding. This webinar is free for members.