Risk Management Monitor (12/17/2020)
On December 11, the Provide Accurate Information Directly (PAID) Act was signed into law as a part of the funding bill to keep the government running. A top priority of RIMS Advocacy since it was introduced in 2019, the PAID Act will fix a current flaw in Medicare Secondary Payer (MSP) compliance.

Reuters (12/15/2020)
On Monday, SolarWinds confirmed that Orion - its flagship network management software - had served as the unwitting conduit for a sprawling international cyberespionage operation. The hackers inserted malicious code into Orion software updates pushed out to nearly 18,000 customers.

Property Casualty 360 (12/16/2020)
The nearly universal transition to a full-time remote workforce through the COVID-19 pandemic exponentially increased the 'attack surface' for cybercriminals in 2020.

Commercial Risk (12/15/2020)
Insured nat cat and manmade disaster losses will total $83bn this year, 10% above the ten-year average but the fifth-costliest since 1970, according to a preliminary estimate from the Swiss Re Institute.

Continuity Central (12/15/2020)
A vast spam wave is sweeping across the world, sparking fears that cybercriminals are testing a new tool that's destined to become a major threat to businesses and consumers in 2021.

Risk Management Magazine (12/11/2020)
With another wave of COVID-19 wreaking havoc worldwide, recent insurance coverage litigation decisions have been building upon lessons learned since the pandemic began. Between March and October, more than 1,200 COVID-related lawsuits were filed by policyholders across the country.

Asia Insurance Review (12/16/2020)
An alliance of insurance and technology partners will provide comprehensive insurance and risk mitigation services for the storage and transit of life-saving medical supplies such as temperature-sensitive vaccines and medicines, diagnostics, PPE and ancillary cold-chain equipment.

Reuters (12/15/2020)
A record-breaking wildfire season in the western United States cost insurers a staggering $7 billion to $13 billion in 2020, researchers said on Tuesday, an illustration of the growing price tag on natural disasters linked to climate change.

Insurance Journal (12/16/2020)
While the COVID-19 pandemic presents risks for directors and officers (D&O), it is far from the only force these insureds and their insurers will be dealing with in the year ahead.

Canadian Underwriter (12/15/2020)
About 10 months into the global COVID-19 pandemic, insurance leaders are less confident about growing their business and are increasingly concerned about the cratering economy, an insurance industry observer told a recent virtual conference.

RIMS-CRMP Stories
Mike Simmons is the vice president of risk management at WKS Restaurant Group, a large California-based franchisee with five brands and 300 locations in 17 states. Simmons recalled earning his certification in 2017 and how he ordered up its information amid COVID.
Learn More...

 

RIMS-CRMP
The RIMS-Certified Risk Management Professional (RIMS-CRMP) is a credential that demonstrates your achievement of risk management competencies, knowledge and commitment to quality. RIMS-CRMP holds official accreditation from the American National Standards Institute (AN​SI) under ISO/IEC 17024:2012, which makes it the only risk management certification in the world to hold accredited status.​