Business Insurance (5/21/2020)
An alternative federal proposal designed to protect businesses financially against widespread economic shutdowns due to a future pandemic was unveiled Thursday by three major insurance industry groups.

Risk Management Magazine (5/1/2020)
The COVID-19 pandemic has affected businesses in every sector around the world. Indeed, in early March, the Organization for Economic Cooperation and Development warned that the pandemic could cut global economic growth outlook in half. 

Commercial Risk (5/19/2020)
European countries are some of the most resilient business environments in the world, according to FM Global's 2020 ranking, which puts them ahead of the pack in staging a recovery from the current Covid-19 pandemic. 

Property Casualty 360 (5/20/2020)
This year, researchers are expecting a more active season than usual, forecasting around 140 percent more activity than the average season. Hurricane forecasters at Colorado State University have predicted 16 named tropical storms, with eight of those becoming hurricanes. 

Canadian Underwriter (5/19/2020)
Since the "black swan" metaphor was coined in the 2007 book of the same name, it has become fashionable to label virtually all low probability/high impact events black swans. But the danger of making an occurrence like the COVID-19 outbreak appear to be astronomically rare is that we will treat it as such and fail to prepare for the next pandemic. 

Risk Management Magazine (5/1/2020)
As the novel coronavirus COVID-19 continues to spread, medical systems around the world are stretched thin. And with people practicing social distancing and staying at home to slow the spread of the virus, more medical consultations are moving online.

Commercial Risk (5/19/2020)
South African insurers will not be forced to pay out Covid-19 claims on business interruption (BI) policies where non-physical damage was not written into the policy, after the South African regulator took a stance that is in contrast with the view of the Kenyan regulator.

Insurance Journal (5/18/2020)
Lawsuits and legal concerns in the cannabis business are too numerous to count - just like with many other industries - but there are few that insurance professionals in the business should keep an eye on, according to cannabis legal expert Ian Stewart.

Property Casualty 360 (5/20/2020)
The increasing popularity of autonomous vehicles has led to questions about how self-driving vehicles can share the road with traditional cars and trucks. The initial concept focused on cars that had people in them but drove themselves. But the idea has expanded, with delivery companies like Amazon testing "human-free" transportation.

On April 20, 2020, RIMS issued a letter to the U.S. Department of the Treasury, Congress and the Office of U.S. President Donald J. Trump requesting the creation of a pandemic risk insurance program to accelerate economic recovery. According to RIMS' letter, a pandemic risk insurance program would provide greater access to capital from lenders and establish a viable insurance market with sufficient, affordable capacity.

2020 has been a year like no other. Entire business models have been disrupted. Priorities have changed. Now is the time to Catalyze (Y)our World at RIMS ERM Conference 2020. RIMS seeks enthusiastic, innovative and contemporary speakers to share their stories with other executive level risk management professionals at RIMS ERM Conference 2020. This event will be held in-person and virtually from New York City November 3-4.