Welcome to RIMScast. Your host is Justin Smulison, Business Content Manager at RIMS, the Risk and Insurance Management Society.   Leaders of RIMS’s flagship publication, Risk Management Magazine, rejoin RIMScast. Morgan O’Rourke is Publications Director at RIMS and the magazine’s editor in chief and Hilary Tuttle is the managing editor.   In this first of two interviews, they discuss recent wildfire smoke and air quality and other emerging risks, risk terms that help and hinder efforts, and what they are looking for in the way of written contributions from risk managers for the magazine.   Key Takeaways: [:01] About RIMScast. [:27] About today’s episode: a discussion of Pride Month and LGBTQIA+ initiatives in the risk profession with a leader from the Rainbow Risk Alliance. [:36] All about upcoming RIMS webinars, and more! [1:07] The RIMS Canada Conference 2023 has been announced for September 11th‒14th in Ottowa! Visit RIMSCanadaConference.ca for more information. [1:24] On September 14th, the Spencer Educational Foundation returns to New York City for its Annual Funding Their Future Gala. The event will be held at the Cipriani on 42nd Street. A link is on this episode’s notes. You can also visit SpencerEd.org. [1:41] Head to the RIMS.org/Advocacy page to find information about The RIMS Legislative Summit, which is returning to Washington, D.C. on October 25th and 26th. [1:55] Be on the lookout for the call for submissions for the RIMS ERM Conference, which will be held November 2nd and 3rd in Denver, Colorado! The first call for submissions was emailed in early June. Remember to check your spam box! There is a link to the web version in this episode’s notes. [2:13] RIMS is partnering with Conrad Clark Nigeria for a RIMS CRMP Exam Prep virtual workshop Saturdays in July: July 1st, 8th, and 15th. Start your RIMS CRMP journey today! The link is in the show notes. [2:34] Justin is rejoined today with Morgan O’Rourke and Hilary Tuttle, who are the journalistic forces behind the award-winning RIMS publication Risk Management Magazine. Morgan is the RIMS publication director and editor-in-chief of the magazine. Hilary is the managing editor of the magazine and ace reporter. [2:54] This is the first part of a two-part interview. It’s a mid-year update with talk about the risk news of the day and what’s trending and insight for listeners who want to contribute to the magazine on how to pitch and find out what Hilary and Morgan are looking for. Justin welcomes Morgan and Hilary back to RIMScast. [3:20] Justin introduces Morgan O’Rourke and Hilary Tuttle. The last time they were on the RIMScast was at the end of 2022 with a retrospective of the year. Justin invited them back mid-year to see how things are going in 2023 and take the risk temperature. [4:17] Since her last visit to RIMScast, Hilary has become Managing Editor of the magazine. [4:38] What are the trends in risk management so far in 2023? Morgan notes shootings in the headlines. He borrows a term, Polycrisis, from the Global Risk Report 2023. It’s not just all the things happening but their interactions. For instance, storm season may be complicated by inflation, supply chain issues, and lingering post-pandemic issues. [6:01] Hilary sees more complexity to risks. The complexity comes from the different velocities of risks or factors such as the development of technology. Technology changes the velocity of risk. Replacement costs are higher for cars that are more advanced. The supply chain is more complex. Chips come from fewer places. [7:00] Technology is making standard risks a lot more complicated and expensive. There is a more complicated picture of what it means to return to “business as usual” after the pandemic. There are more factors involved to get back to what was usual. [7:48] Hilary doesn’t like the term “new normal.” It’s a cliché. Everyone’s “normal” is not the same. The phrase accepts a certain level of death or harm to other people as a cost of doing business