How businesses got it right with Ike

Tuesday, October 21st, 2008 Catastrophe Property

As days passed after Hurricane Ike made landfall on Saturday, Sept. 13, some businesses sat in the dark, literally and figuratively. They waited for power to turn back on. In doing so, they were perhaps dooming their companies never to be the same. Some corporate risk managers, though, weren’t waiting on anything. For Continental Airlines Inc., Hurricane Rita’s near-miss in 2005 prompted the company president to call for an emergency management plan to be available for the 2006 storm season.


External References & Further Reading
http://www.riskandinsurance.com/story.jsp?storyId=135238920&topic=Main
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