Risk
AI Got Beat by Traditional Models in Forecasting NYC’s Blizzard
Two days before New York's biggest snowstorm in a decade began, forecasters were still unsure how much snow would fall. One traditional U.S. model had consistently predicted a major hit, while newer ...
Resilience: Cyber Risk Shifts From Disruption to Long-Tail Losses
Cyber attacks are no longer designed solely to cause immediate business disruption. Instead, they are increasingly engineered to inflict sustained financial, regulatory and reputational damage that ...
Carmakers Push Toward ‘Eyes-Off’ Driving, Raises Safety, Liability Questions
Automakers are racing toward a key milestone on the long road to fully driverless cars: systems that let drivers take their eyes off the road – to shoot a text or peck away on a laptop – unless ...
Focus on Ski Guides After Deadly California Avalanche Could Lead to Criminal Charges, Civil Suits
An investigation to determine if backcountry guides were criminally negligent during a California ski trip that ended with eight people killed in an avalanche and another presumed dead has surprised ...
10 Do’s and Don’ts of a Smart ORSA Report
My conversations with carrier CEOs, CFOs, and CROs about enterprise risk management and ORSA--Own Risk and Solvency Assessment—tend to go down the path of strict compliance and a sense of ...
LA Fire Victims Suing City Utility for Billions Win Major Ruling
The water and power utility that serves the city of Los Angeles must face hundreds of lawsuits faulting its response to the massive 2025 wildfire that leveled one of the city's premier seaside ...
Warming World Increases Fire Risk Around the Globe
The number of hot, dry, and windy days— ideal weather to spark extreme wildfires — has nearly tripled in the past 45 years across the globe, with the trend increasing even higher in the Americas, ...
Binding System Reviewed After Vonn’s Skis Didn’t Come Off During Olympic Crash
The images of Lindsey Vonn down on the snow, screaming in pain and then being airlifted off the course by helicopter after her crash at the Olympics, were a stark reminder of the dangers of the ...