Commercial Risk (1/27/2021)
The pandemic is likely to be a "watershed" moment for the risk profession as organisations strive to boost risk identification, management and funding for extreme and emerging threats, according to leading experts.

Risk Management Magazine (1/26/2021)
Recently, the Office of Comptroller of the Currency (OCC) levied a fine of $400 million at Citibank "based on the bank's unsafe or unsound banking practices for its long-standing failure to establish effective risk management and data governance programs and internal controls."

Commercial Risk (1/25/2021)
Large corporates are now more likely to pursue and receive insurance claims for COVID-19-related business interruption (BI) losses following the recent UK Supreme Court judgment, legal experts have told Commercial Risk Europe.

Forbes (1/22/2021)
Here is a sad and frustrating truth: Despite all the money, time and resources organizations spend to protect against malware, they aren't preventing attacks.

Canadian Underwriter (1/22/2021)
A landmark British court ruling against insurers over business interruption coverage could be good news for restaurants or retailers who had to severely limit their operations during the COVID-19 pandemic.

Risk Management Monitor (1/25/2021)
The purpose of a litigation hold is to preserve relevant information when an organization reasonably believes this information can lead to an investigation or litigation.

Business Insurance (1/26/2021)
COVID-19 has highlighted the increased need for businesses and government to find ways to mitigate risk, whether by strengthening supply chains or fostering "risk champions," industry experts say.

Forbes (1/25/2021)
COVID-19 has upended our lives, and there is hardly an industry that has not been shaken by the pandemic. Services from health care to education are being delivered virtually.

Continuity Central (1/22/2021)
Concentrating on pandemic risks alone can mean missing other potentially significant hazards which have not gone away. The 2021 Global Risks Report, which was published last week, is very clear about this, calling for organizations to 'wake up to long term risks.'

Canadian Underwriter (1/25/2021)
Don't expect a soft market for your commercial clients any time soon, executives with The Travelers Companies Inc. warn. Rates on renewal for business insurance were up 8.4% while rates in bond and specialty insurance increased by 12%, Travelers said last week of its financial results for the three months ending Dec. 30.

RIMScast
Listen to this new episode featuring RIMS Director of Government Relations Whitney Craig. Whitney offers updates on RIMS Advocacy, what RIMS has in store for 2021 and her thoughts on various post-election events. She also talks about the RIMS Board Governance Task Force webinar series that launches in February.
Learn More...

RIMS Report
This model provides a guideline for risk management professionals - and the organizations that employ them - about the professional knowledge, skills and abilities that support career development and growth. It also provides guidance for individual development and describes those accomplishments that distinguish the risk management professional at every level.