Articles By Author
Disasters Highlight Potential Uses for Drones
Risk managers and insurers are finding new applications for drone technology.
Costs of SOX Compliance
Enacted in 2002, Sarbanes-Oxley has continued to evolve for the publicly held companies it governs, as do the costs of compliance.
Managing Energy Sector Risks
A new study highlights both the growing risk management capabilities and enduring barriers in the energy sector.
The Surprising Toll of Invasive Species
Non-native plants and animals can cause billions of dollars in damage every year.
Captive Trends Reflect Today’s Business Needs
A recent report sheds light on what kinds of companies are using captives and why.
Adapting to Innovation Risks
While innovation is necessary to move companies forward, it also presents another set of risks.
Fertility Clinic Failures Highlight Storage Risks
Equipment malfunctions at two fertility clinics underscore the need for better safeguards.
Risk Complexity Increasing
A majority of organizations recently experienced operational surprise due to unexpected risks.
Active Shooter Coverage Gaining Traction
Insurance products are adapting as the number of mass shootings grows.
Q&A: Communicating Risk
RIMS President Robert Cartwright, Jr., discusses the evolution of risk management.
M&A Growth Consistent in 2018
Despite large recent acquisitions, M&A activity is expected to largely comprise smaller transactions in 2018.
The Rising Tide of Maritime Shipping Risks
New technology and increased global trade have led to new risks for the shipping industry.
Global Fraud Incidents on the Rise
As incidents continue to rise, the lines between forms of fraud are increasingly blurred.
Insurance Buyers Face Shifting Market
Willis Towers Watson’s Joe Peiser discusses what insurance buyers can expect in the coming year.
Preventing Employee Lawsuits
Employee lawsuits cost companies an average of $160,000 for cases that result in a defense and settlement payment.
Can Employees Be Fired for Political Action?
Employers must tread carefully when addressing employees who act on controversial beliefs.
ERM Benchmarks
Adoption and advancement of enterprise risk management programs are on the rise, but considerable room for improvement remains.
The Rise of Intangible Assets
Businesses are shifting from a focus on tangible assets to intangible assets.
Notepad: Risk in Review – November
The Las Vegas massacre, Hurricane Maria’s impact on Puerto Rico, and more.
Cyberrisk, Talent Pose Top Risks for Financial Services
Risk management is gaining prominence in the financial services industry, where boards are devoting more time to oversight.
Improving Water Risk Management
Businesses in the food industry are becoming more aware of their usage and management of water.
Alternative Energy Strategies
Businesses in the United States are getting serious about energy resource management programs.
College Captive Offers Hands-On Experience
A Butler University program gives students the chance to develop and manage their own captive.
Notepad: Risk in Review – September
Hackers extort HBO, Kanye West v. Lloyd’s, voting machine flaws exposed, and more.
Global Risk Concerns
Headline news correlated directly with the top-10 concerns of risk managers globally in 2016.
Notepad: Risk in Review – July/August
Investigating the cause of London’s Grenfell Tower fire, Uber’s CEO resigns, and more.
IoT Risks for the Oil and Gas Industry
The internet of things has improved productivity and lowered costs in the oil and gas industry, but also introduces vulnerability to cyberattacks.
Notepad: Risk in Review – June
Hacking the French election, a unicorn fight, a reputation crisis at United Airlines and more.
Board Oversight and Sustainability
Environmental, social, and governance initiatives appear to be directly related to a company’s long-term performance and profitability.
Notepad: Risk in Review - May
North Carolina’s bathroom bill repeal, the Atlantic hurricane season outlook and more.
The Infrastructure Investment Gap
The United States spends only 2.5% of its GDP on infrastructure.
Arson Dogs to the Rescue
Fire scene investigators team up with trained canine detectives to help sniff out foul play.
Oroville Dam Highlights Infrastructure Risks
The near-collapse of a California dam underlines the perils of decaying infrastructure.
Only Humans Can Prevent Wildfires
A study of wildfires in the United States found that the number of blazes caused by humans is much higher than previously believed.
Low Margins Put Shipping at Risk
Market conditions in the shipping industry may mean crises for cargo companies.
Delivering Risk
As restaurant deliveries become more popular, so do the accompanying risks.
Steady Supply: The 2017 P/C Insurance Market Outlook
Declining premium rates and abundant capacity point to a favorable market for property/casualty insurance in 2017.
Marijuana in the Workplace
Only seven states do not allow usage of marijuana for medical or recreational purposes, but complicated workers compensation issues remain.
Hurricane Matthew's Destructive Path
Experts survey the toll of Hurricane Matthew’s damage from Haiti to the Southeast United States.
Insurers and Climate Change
While more U.S. insurers are improving their disclosure and management of climate risk, most are still giving it minimal attention.
Pollution Risks for Contractors
While the construction industry is seeing a revival, the skilled labor shortage has increased the risk of errors.
Better Supply Chain Monitoring
Many of the tools companies are using to monitor their supply chains are not adequate to identify compliance and reputation risks.
Compliance Officers Under Fire
As new regulations put increased focus on individual accountability, more chief compliance officers are questioning their careers.
The Insurance Impact of the Fort McMurray Wildfires
Canada's costliest natural disaster will have significant insurance implications.
The Weakest Supply Chain Link
As supply chains become more digitally interconnected, they are also becoming increasingly vulnerable to cyberattack.
Captive Creativity
Many innovative companies are developing new strategic uses for their captives.
Integrating Organizational Risk
While risk management is becoming increasingly prominent, companies are still trying to find a more integrated approach.
Political Statements Send a Costly Message
What happens when artists cancel shows in protest against North Carolina’s “bathroom law?”
Combating C-Suite Fraud
A persistent minority of executives continues to justify corrupt activity to improve financial performance.
Third-Party Risks Spark Corruption Concerns
As third-party and M&A activities rise, gaps in anti-corruption measures are increasingly clear.
Why Go Global?
For organizations wishing to grow into other areas of the world, knowing why can be a key factor in success.
Getting the Lead Out
Flint's water contamination crisis underscores a risk faced by communities around the country.
Q&A: All in a Day’s Work
Julie Pemberton, RIMS’ 2016 president, discusses ERM implementation and goals for her term.
M&A and Talent Risk
Organizations that give the same focus to talent as they do to operations and finance will realize the most value from a merger or acquisition.
Climate Change Tops Global Concerns
The World Economic Forum highlights the greatest risks facing the planet this year.
Class Action Litigation Trends
The top 10 settlements in employment-related categories reaching an all-time high in 2015, and the surge of activity is expected to continue.
Boards Still Not Prepared for Social Media Risk
Only 6% of boards feel as though they are well-versed in social media risk.
Buyer's Market: Favorable P/C Insurance Pricing Expected Through 2016
While property/casualty insurance rates remain low, uncertainty over cyberrisk coverage and potential catastrophe losses looms.
Q&A: Preventing Tragedy in the Workplace
Jay Hart of the Force Training Institute shares strategies that can help keep employees safe.
Attitudes Toward Corruption
A gap between the perceived effectiveness of a company’s compliance program and reality gives businesses a false sense of security.
Planning for Water Shortages
Multi-year droughts may be part of a new normal that requires businesses to plan ahead for water shortages.
U.S. Businesses Lag Behind on ERM
A study found U.S. companies have more immature ERM processes than those in any other region.
Taking Control of Legionnaires' Disease
A recent outbreak reminds building managers to take critical precautions.
Advantages of Strategic Risk Management
SRM addresses risks that are disruptive, but also looks at a risk’s “flip side."
Risk Students Face Real-World Challenges
The Spencer/RIMS Risk Management Challenge helps students bridge the gap between classroom lessons and real-world implementation.
Leveraging Compliance
Despite rising regulatory risks and ambitious growth plans, compliance departments are often not involved in strategic planning.
Onward and Upward: Trends in Captive Insurance
Trends in the captive insurance market point to continued growth and expansion.
Amtrak Derailment Spurs Focus on Safety
Updated safety technology could have prevented May's deadly crash in Philadelphia.
Hurricanes and Climate Change
Has climate change had any effect on the hurricanes driving catastrophe market losses?
Q&A: Finding Fault with Faulty Workmanship
Attorney Tracy Alan Saxe discusses one of the ways property owners miss out on claims.
Risk and the Bottom Line
Organizations with a proactive risk management focus saw the benefits in annual profit margins.
Coverage Scarce for Crude Oil Haulers
The increased demand for oil trucking has outpaced insurance coverage availability.
The Costs of Not Going Paperless
Capturing and storing data on paper forms costs businesses worldwide more than $30 billion annually.
In the Event of an Emergency
Events like RIMS 2015 require hospitality professionals to become risk managers.
Q&A: Reining in the Risks
RIMS President Richard Roberts discusses his risk management program and industry trends.
Internet of Things Use Lagging
Most executives see the opportunities in IoT technology, but few have developed a strategy and committed funds to use it.
The Night the Lights Went Out
How emergency planning saved Super Bowl XLVII in New Orleans
Globalization Drives Top Risk Concerns
A study reveals that businesses worry most about business interruption and supply chain risk.
Hospitality's Unwelcome Risks
The very amenities that attract guests to a hotel, motel, resort or casino can also be the cause of injury, disease or even death.
P/C Pricing Inching Down for 2015
After almost three years of premium increases, the property/casualty market may be softening.
Drone Power
According to a new study, about 40,000 drones are expected to be in use in 2015, but a few challenges still need to be addressed.
Insurers Unprepared for Climate Risks
Only about half of property/casualty insurers are comprehensively addressing climate risks.
The Implications of Ebola for the Workforce
Employers need to be aware of certain legal and financial issues related to the Ebola epidemic.
Global Fraud Report
Global fraud losses add up to $3.7 trillion a year, with three-fourths attributed to employees.
P/C Market Softening Expected for 2015
Insureds should have many options for coverage in 2015, according to a new Willis report.
Protecting Students Abroad from Ebola
As Ebola spreads throughout West Africa, vigilance and contingency planning are critical.
To Insure or Not To Insure
Insurance expert Michael Levine discusses the implications of the Napa Valley earthquake.
Warming Trends May Benefit Maritime
Climate change risk could turn into an opportunity for the shipping industry.
Captive Use for Cyberrisk Low
Few organizations use their captive insurer to cover cyberrisks.
Wind Farms Run Afoul of Endangered Birds
As wind turbine construction increases, so do threats to federally protected bird species.
New Crop Strategies Target Bee Scarcity
Researchers are increasing their efforts to combat disappearing bee populations.
The Graduate's Perspective
Risk management professionals discuss how their educational experience shaped their career.
Trends in Higher Education: Real World Lessons
By maximizing program relevance, schools are drawing in more students for a new class of risk managers.
Total Cost of Risk on the Rise in 2013
Organizations paid more to cover their risks in 2013 than in previous years.
Beware of Lightning Season
Summer is the peak season for lightning strikes, which cost insurers millions of dollars every year.
Turning up the Heat on Climate Change
Teenage polar explorer Parker Liautaud discusses his first-hand research on climate change.
Steady As She Goes: 2014 Captive Domicile Review
In our annual captive review, we examine the top trends influencing key domiciles.
Data Legislation Patchwork
Despite a number of recent high profile data breaches, efforts to establish national standards for data security have failed.
GM Faces Uphill Climb After Recall
General Motors has been forced to reassess safety protocols as costs mount for its ignition switch recall.
Should TRIA Be Renewed?
The economic impact on federal spending if TRIA is allowed to expire.
A Snapshot of the Property Market
Premium rate trends in the property-casualty insurance market.
Risk Miscommunication
Examining risk communication at the executive level.
Are You Ready for the Hurricane?
With the Atlantic hurricane season approaching, companies can better prepare by using past storm experiences as a guide.
Safety Rules Put Railroads Back on Track
Accidents involving freight trains carrying crude oil have prompted a new focus on rail safety.
West Virginia Spill Reveals Lax Regulation
A chemical spill that contaminated the drinking water for thousands of residents prompts regulatory scrutiny.
A Conversation with Carolyn Snow
RIMS President Carolyn Snow shares her thoughts on risk management and the society’s focus for 2014.
A Bridge Too Far: Repairing America’s Aging Infrastructure
Even as much of the U.S. transportation infrastructure faces the possibility of failure, states are struggling to fund maintenance and repairs.
Paper Pushing
Old-fashioned board reporting.
Respect Your Supply Chain
Supply chain concerns.
Shifts in Class Action Trends
Class action litigation trends focus on emerging areas such as food safety, data privacy and patent trolls.
Board Risk Preferences
The board’s role in risk strategy.
Risk Status Rising
Accenture’s Steve Culp discusses a new survey that reveals an increasing corporate profile for risk managers.
Driverless Cars: A Risky Opportunity?
Autonomous vehicles are creating new risks for manufacturers and insurers alike.
Boards More Attuned to Risk
Board risk management.
Supply Chain Angst
Supply chain concerns.
Cell Tower Deaths Get OSHA’s Attention
The increasing demand for cell phone service may be compromising the safety of cell tower workers.
Death, Taxes and Cybersecurity
The cybersecurity concerns of tax professionals.
The Path to Risk Management
Graduates are finding that jobs in other sectors of the insurance industry can lead to a solid risk management career.