NU Online News Service, Oct. 8, 3:32 p.m. EDT

Corporations and individuals often underestimate their exposure to risk and are unprepared for disaster when it strikes, say experts who study risk.

In a webinar today sponsored by global insurer FM Global, Howard Kunreuther, professor of Decision Sciences at The Wharton School and Ruud Bosman, vice chairman for FM Global discussed the failure of many to adequately prepare for catastrophes.

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