Business Insurance (6/22/2021)
The Risk and Insurance Management Society Inc. said Tuesday it has joined a coalition of policyholder groups to develop an insurance program for pandemics.

Risk Management Magazine (6/1/2021)
Following in California's footsteps, Virginia recently passed its own comprehensive consumer data privacy legislation, the Consumer Data Protection Act (CDPA). CDPA introduces a new set of data rights for consumers in Virginia while also creating new obligations for businesses.

Commercial Risk (6/22/2021)
Europe's data protection regulators have called for an outright ban on the use of AI to detect human features in public places and recommended banning AI systems that use biometrics to group individuals based on ethnicity, gender, political or sexual orientation.

Insurance Journal (6/22/2021)
Europe's insurance industry is emerging from the coronavirus crisis with a stronger appetite for mergers and acquisitions (M&A), along with expectations for strong earnings growth in 2021, according to Moody's annual survey of chief financial officers (CFOs) from 21 leading European insurers.

Property Casualty 360 (6/21/2021)
Several hotels owned by Schleicher & Stebbins Hotels were granted a partial win against eight insurance companies for denied insurance claims related to damages caused by the pandemic.

Risk Management Magazine (6/1/2021)
According to the American Camp Association (ACA), only 20% to 30% of summer camps operated in 2020. Preliminary estimates show that the camp industry lost as much as $16 billion in revenue because of the pandemic. 

Insurance Journal (6/21/2021)
Even though Americans drove less in 2020 due to the pandemic, early estimates of crash fatalities from the U.S. Department of Transportation's National Highway Traffic Safety Administration reveal the largest projected number of deaths since 2007.

Commercial Risk (6/22/2021)
Specialist strikes, riots and civil commotion (SRCC) insurers are still providing cover for the risk despite rising civil unrest around the world putting off property insurers, but buyers should expect to pay more for the protection, according to Chaucer.

Reuters (6/21/2021)
The World Health Organization said on Monday it would discuss managing COVID-19 risks with Japanese authorities and the International Olympic Committee, after organisers announced some spectators would be permitted to attend the Tokyo Games.

Business Insurance (6/21/2021)
The Department of Defense's Defense Logistics Agency has only partially taken critical cybersecurity risk management steps in its inventory management operations, the U.S. Government Accountability Office said in a report released Monday.

Canadian Underwriter (6/17/2021)
The return to business after 15 months of public health measures, lockdowns and lost revenues due to the COVID-19 pandemic is presenting a new problem for some entrepreneurs: how to address the issue of vaccines with employees, and how to respond when customers ask if their staff are vaccinated.

RIMS Report
This benchmark survey includes insights on changes to respondents' ERM programs due to the shifting landscape brought on by COVID-19 as well as a new section on where and how risk management professionals are serving on boards of directors.

 

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