Risk Management Magazine (2/1/2022)
Business interruption is the year’s second-most important global business risk, according to the Allianz Risk Barometer 2022. Cyber incidents have become the specific cause of business interruption that companies fear most, followed by natural catastrophes, pandemics, and major transportation or shipping disruptions.

Risk Management Magazine (2/1/2022)
Natural catastrophes caused $280 billion in losses worldwide in 2021, according to Munich Re. Of that total, $145 billion occurred in the United States, with $85 billion of those losses insured.

Insurance Journal (2/16/2022)
The nation’s top public health agency has proposed changing — and in some instances, softening — guidelines for U.S. doctors prescribing oxycodone and other opioid painkillers.

PropertyCasualty360 (2/16/2022)
When I first entered the insurance industry as an underwriter four decades ago, I never imagined all the doors it would open for me.

Bloomberg (2/16/2022)
Canadian consumer price inflation accelerated to a new three-decade high in January, adding to pressure on the Bank of Canada to start raising interest rates as early as March 2.

Insurance Journal (2/15/2022)
Remington Arms will pay $73 million to the families of five adults and four children killed in the Sandy Hook Elementary School massacre.

AP News (2/16/2022)
For the first time in two years for many people, the American workplace is transforming into something that resembles pre-pandemic days.

Business Insurance (2/15/2022)
Potentially catastrophic exposures are increasingly being covered through captives, and owners with favorable loss experiences are diverting more liability premiums into captives, experts say.

CBS News (2/15/2022)
Fears of a possible Russian attack on Ukraine are adding to rising global oil prices, causing more pain at the pump for U.S. motorists.

RIMScast
In this episode, RISKWORLD keynote Rachel Sheerin offers tips and advice to combat and harness workplace burnout. Known as the “Brené Brown of Burnout,” Rachel lends invaluable insights into what you need to know about maintaining happiness and avoiding burnout in all aspects of your life. This is only a preview—register for RISKWORLD and hear more on April 11 in San Francisco.

 

RIMS Webinars
Cognitive bias is a systematic pattern of deviation from using rationality in judgement. It is inherent within all of us and learning to manage our cognitive bias, especially as it relates to important business decisions, is imperative. This webinar on February 23 offers a glimpse into the curriculum of our new workshop.