Crisis Management

Financial Impact of Extreme Weather Highlights the Need for Risk Mitigation

Extreme weather is intensifying concerns among business leaders, requiring new risk strategies to protect their employees, customers and operations.
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When Prayers Aren’t Enough: Why Insurers Are Turning to AI to Stop the Next Mass Shooting

Post-breach Learnings Lead to Cyber Risk Resilience
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Navigating the Storm: Effective Strategies for Natural Disaster Preparedness and Recovery

Civil Unrest Tops Business Concerns Amid Rising Global Political Risks

Recently in Crisis Management

What Chemical Industry Risk Managers Can Teach Other Sectors About Their Climate Change Response Plans

Despite increasing storm risk, the chemical industry is getting good risk management grades from underwriters.

Employee Embezzlement Just Got a Whole Lot Easier Now that We’re Working Remotely

A work-from-home environment coupled with fear of the unknown has opened the door for employee theft — so long as businesses are not proactive.

Paying Ransomware Demands Could Lead to Federal Fines — for Victim and Insurer Alike

New U.S. Treasury guidelines outline the penalties of paying hackers to unlock data. But the risk of not paying may be greater still.

If a Protest Turns Violent, How Will My Insurance Respond?

Businesses are preparing for protests to turn destructive, while the property insurance market braces for even tougher times.

Pandemic Insurance with Government Backstop Gets Support from Marsh, Chubb, RIMS

The Pandemic Risk Insurance Act (PRIA) would offer business interruption insurance for health crises through a public/private partnership.

Workers’ Comp and COVID: It’s Not Claims We Should Be Worrying About, It’s Premium Amounts

It’s important to look at reserves and falling premiums to better understand the complete picture.

From War Zones to Artificial Intelligence, Kalepa’s Daniel Hillman Knows the Power of Decision Making

Decision-making under pressure in the the emergency medicine and military fields prepared Daniel Hillman to excel in risk management.

Just How Much of a Role Can Technology Play in Bridging the Flood Insurance Coverage Gap?

Existing flood maps consistently underestimate exposure, but the industry is determined to build better models.

Ominous San Andreas Fault Study: Risk of a Big Quake 5X Higher Than Previously Thought

A recent study found that the San Andreas fault has a 1 in 87 probability of producing a major quake within the next year.

It’s Time to Embrace Health Care’s Changing Model as the ‘New Normal’

Several factors, including the recent COVID-19 crisis, have catapulted health care systems into what many are calling a “new normal.” Those in the space must prepare now for the emerging risks to follow.

This Year’s Hurricane Season Isn’t Anything Like We’ve Seen Before. But There’s Still a Way Through the Storm

Preparation and action that takes place now can help businesses become more efficient, effective and resilient to natural catastrophes and similar crises in the future.

COVID-19 Contingent Business Interruption Claims Won’t Be The First Settled. Here’s Why

CBI coverage could offer another avenue for insureds seeking to recoup losses stemming from the economic shutdown.

Considering Buying Business Interruption Coverage? You Better Understand How COVID-19 Changed the Game Forever

Insureds can expect carriers to place even tighter restrictions on business interruption insurance going forward.

COVID-19 Is Changing the Workers’ Comp Playbook: Are You Giving Your Claims Team What They Need to Prepare?

The pandemic unleashed not only a raft of complex claims; it also resulted in a new wave of regulations for third party administrators to track.

What Challenges Are Small Businesses Facing Amid Return to Work After COVID-19?

Working remotely is not an option for many businesses, so employers need to carefully devise a plan and protocols to contend with the serious risks associated with coronavirus.

How Brokers Can Help Businesses Struggling Because of COVID-19

Brokers are in a unique position to help businesses struggling in the aftermath of COVID-19 shutdowns and mandatory work-from-home orders.

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3 Lessons Pro Sports Has to Offer Crowd-Driven Businesses in the Wake of COVID-19

Watching how pro sports navigate their seasons post-COVID-19 — without the fans in attendance — offers a hint for other crowd-dependent businesses.

One Call’s CEO Tom Warsop on the COVID-19 Shift in Worker Safety and Recovery

With three months of COVID-19 experience underway, One Call’s CEO discusses the effects the pandemic’s had on workers’ compensation.

D&O Markets Were Already in a Dither. Then Came COVID-19

The coronavirus has already impacted the D&O space, and many expect losses to keep climbing.

Business Travelers Are Hopping Zoom Meetings Instead of Planes. Here’s What It Means for the Future

The pandemic blossomed due to global interconnectedness. With business travel limited for the foreseeable future, the industry is changing faster — and sooner — than anticipated.