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Riskwire
Today's Feature
Commercial Risk (4/24/2020)
Bottlenecks in European and global supply chains caused by the Covid-19 pandemic will significantly deepen the economic crisis faced by EU nations and plunge the bloc into a worse recession than in 2009, according to Oxford Economics, the UK-based global forecasting and quantitative analysis firm.
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Industry News
Risk Management Magazine (4/1/2020)
While cyber insurance policies have been standard fare for many companies for at least a decade, challenges with policy language continue to emerge and evolve. One such issue relates to properly identifying the insured’s IT systems.
Reuters (4/29/2020)
The U.S. economy contracted in the first quarter at its sharpest pace since the Great Recession as stringent measures to slow the spread of the novel coronavirus almost shut down the country, ending the longest expansion in the nation's history.
Bloomberg / Insurance Journal (4/27/2020)
If America is going to restart its economy, at whatever pace, it needs to think about a major roadblock: liability from Covid-19. If a university or workplace reopens, and some employees or students get sick, should they have the right to sue?
Property Casualty 360 (5/1/2020)
The coronavirus outbreak means that many companies have been requested or are actively seeking to change the occupancy at premises to meet current market demand or to support community needs -- even large automobile manufacturers are switching production in order to produce parts for crucial respirators. 
Naylor Association Solutions
Risk Management Magazine (4/1/2020)
Companies will soon face increased litigation risk involving formaldehyde, a common chemical found in consumer products like carpeting, flooring, foam insulation, paints, wood glue, cosmetics and fragrances.
Forbes (4/30/2020)
One of the most significant changes brought about by the Coronavirus outbreak has been the mass move to working from home. From an operational perspective, the impact on technology companies has been hard to overstate both in its depth and its breadth.
Commercial Risk (4/29/2020)
Global Insurance Law Connect (GILC), an alliance of insurance law firms, has launched the second edition of its annual Risk RADAR report, a global review of the important legal, regulatory and socioeconomic issues facing insurers across the globe.
Property Casualty 360 (4/30/2020)
All industries are experiencing some form of disruption -- including insurance. Products, services and customer experience are all impacted, and insurance ecosystems are a major cause of this disruption. Insurers can take action to get ahead, and with the right partners and path forward, ensure that their ecosystems are the right economic choice.
Canadian Underwriter (4/22/2020)
One result of the ongoing COVID-19 pandemic will be liability claims against company boards, property and casualty industry watchers predict. "I think we will see litigation coming out of this," Shara Roy, a partner with law firm Lenczner Slaght Royce Smith Griffin LLP, which defends publicly traded companies in class action lawsuits.
Rims Resources
  
Already a billion-dollar industry, 3D-printed medical devices are growing at a rate of 20% per year. While the technology enables almost anyone to ""print" and then use medical devices (point of service manufacturing), the FDA has offered no guidance for the point of service manufacturing and use of medical devices. Learn more about this emerging technology and how it will change the medical device industry. Join us on May 7 as we explore how this could impact product liability law and how the FDA may regulate these products in the future. This webinar is sponsored by Wilson Elser and is free for members. 
  
Sedgwick Virtual RIMS Week (May 4 - 6) brings the thought-provoking education sessions from RIMS 2020 Annual Conference to your desktops. Insurance and risk management leaders are committed to bringing you insights, strategies and solutions to help you and those you care for get through these challenging times. The full session agenda is now available.