“We leveraged our wildfire science and aerospace engineering expertise to develop a suite of wildfire models that includes a novel geospatial AI algorithm.”
Today, we are making great strides in leveraging technologies like machine learning and artificial intelligence (AI), which are being implemented alongside the OED standard to amplify the benefits to organizations.
The threat of wildfire destruction is expanding at a rapid rate due to climate change. Defensible space, wildfire resistant construction and resilience programs are three areas of focus pointed out by CNA loss prevention specialist Steve Hernandez.
Better data analytics is enabling a number of new parametric insurance solutions from a product to cover losses caused by an active assailant to ways to manage supply chain risk.
For a low frequency, high severity peril like earthquake, businesses need to know their risk management plans before a single pebble falls out of place.
A risk management root cause analysis points out the steps that led to the disaster in Surfside. Let this be a lesson, then, when dealing with risk management for all items.
Climate change and an unwillingness on the part of owners and regulators to face up to infrastructure risks played a deadly role in the collapse of the Champlain Towers South in Surfside, Fla.
Farmers Insurance is on the hook for $25 million after the Oklahoma Attorney General alleged the insurer’s earthquake policy violates the Oklahoma Consumer Protection Act.
After a damaging winter storm in 2011, officials in Texas received recommendations on weatherizing the state’s grid. Those recommendations were not followed, and in 2021, Texans paid a big price.