Risk
Hurricane Idalia Strikes Florida With Powerful Cat 3 Winds
Hurricane Idalia came ashore on Florida's west coast with destructive Category 3 winds, triggering blackouts and unleashing flooding rains and dangerous storm surge. Idalia's maximum sustained winds ...
D&O Underwriters May Be Worried About the Wrong Greenhouse Gas
Greenwashing lawsuits, while still relatively uncommon, have seen an uptick in recent years, with some alleging harm to consumers and others alleging harm to shareholders. Coca-Cola defended against ...
Transforming Enterprise Risk Management From ‘Have To’ to ‘Want To’
Enterprise risk management (ERM) can be like eating your vegetables or doing homework as a youngster: Most kids didn't particularly enjoy it; they only did it because parents and teachers made ...
Grid-by-Grid: How One Tech Firm Dissects California Wildfire Risk to Sell Insurance and Reinsurance
There is general consensus among insurance and reinsurance underwriters about the safest property risks to accept in the California market, according to the co-founder of a company that uses ...
Evacuation Policies and Cat Strips: Wildfire Insurance and Reinsurance Ideas That Failed
Sometimes, it takes a few tries to develop the right insurance or reinsurance product—one that will align well with the needs and wants of customers. Kettle, a company that uses technology to ...
Idalia Threatens Florida’s Gulf Coast With Storm Surges
Hurricane Idalia was strengthening on Tuesday as it lumbered toward Florida's Gulf Coast, where officials ordered evacuations and urged millions of residents to brace for a possible major Category 3 ...
Bare Wires, Leaning Electrical Poles Possible Cause of Deadly Maui Fires
In the first moments of the Maui fires, when high winds brought down power poles, slapping electrified wires to the dry grass below, there was a reason the flames erupted all at once in long, neat ...
The Long Tail: Aftermath of Disaster
While I was doing research for this edition, I came across these paragraphs, written by one of the leaders of a technology company, recalling a previous role he had working in disaster relief. After ...