I’ve spent my entire career trying to develop and improve catastrophe and weather-related models and analytics. So, from a personal perspective, if there’s one thought among many others that I would like to get across, it’s a sense of the opportunity to enhance decisions linked to climate risk mitigation and resilience if we use our ever-improving scientific understanding and modeling capabilities wisely.

And I think there’s one thing that holds an important key to unlock that opportunity – openness. When I talk about openness, I don’t mean a willingness from governments and others to set out and stick to commitments to reduce emissions – although that would be rather helpful, of course. I’m referring to two things, actually.

Dan Nuñez pulls up a video feed on his computer. ‘Can you see that?’ he asks, pointing to some rolling, foggy hills in rural Oregon. The footage was captured seven minutes before Nuñez opened up his browser. Barely perceptible on the screen is a rising plume of smoke.

As of this writing in mid-June, the number of mass shootings that the U.S experienced in 2022 sits at 233. That number will surely grow before this piece is edited and published.

As employees continue to work from home in either a full-time capacity or hybrid model, companies need to consider the rising risk of natural disasters. When employees are expected to be productive from home, how are they to manage the demands of the ‘office’ after their property is severely damaged and their lives are disrupted?

After a record-setting Midwestern rainstorm that damaged thousands of homes and businesses, Stefanie Johnson’s farmhouse in Blandinsville, Illinois, didn’t have safe drinking water for nearly two months.

Emerging tools such as artificial intelligence and natural language processing are being used in the insurance sector, but costs remain high and there are questions about bias being introduced into machine learning, according to a speaker at the Public Risk Management Association’s annual meeting Monday.

The pandemic has accelerated the adoption of collaboration platforms in the workplace such as Slack, Microsoft Teams, Meta’s Workplace and Zoom. Between 2019 and 2021, the use of collaboration tools increased by 44% and the average Slack user sent roughly 110 messages a day.

With the spring season known to bring the most dangerous storms and damaging tornados, the next few months are likely to see continual and damaging weather events across the U.S.

Earthquakes, storms, floods and droughts -- the number of recorded loss events resulting from natural disasters has been increasing for some years now. However, some insurers that are using more traditional risk assessment methods are finding the emerging risk landscape too unpredictable.

Climate change is one of the most pressing issues in the insurance industry today, but forward-thinking insurers have found the way to combat it: AI.

The title of this column is not a reference to the second book of J.R.R. Tolkien’s Lord of the Rings series, nor does it refer to the terrorist attack that cost so many insurance professionals, and others, their lives on Sept. 11, 2001.

Las Vegas may seem an unlikely place to learn about leadership, but risk management education thrives there better than you might think.

The ability to prepare, respond and recover from a disruptive event, like a hurricane, may be correlated to a company’s bottom line and their business resiliency.

With climate-related risks driving ever-increasing losses and generating daily headlines, it’s more important than ever for government, the private sector, and academia to engage with each other publicly in ways that shed light on these challenges to illuminate a path forward.

Global electric vehicle (EV) sales increased by 108% from 3.24 million in 2020 to 6.75 million in 2021, according to EV Volumes, and that number is expected to jump again in 2022 as more EV options enter the marketplace and drivers seek relief from soaring prices.

Whether it’s a car, candy bar, toy, or television, most products will usually have undergone several rounds of development and testing to ensure they meet quality standards before entering the hands of consumers. While product safety certifications and quality assurance seals play a vital role in reducing the risk of faulty and/or dangerous products entering the market, claims do still arise.

‘Other insurance’ clauses are found in first-party and third-party liability policies and establish how loss is to be apportioned among insurance companies when more than one policy covers the same loss.