Corporate Risk

Following Hurricane Irene, two of the big three hurricane modelers released insured loss estimates, and the gap between them could potentially fit another Hurricane Irene-type event.

With modern society's ubiquitous reliance on the electrical grid, a severe solar storm can wreak havoc on the electric power supply and trigger losses from business interruption and damaged physical assets.

Is the world a riskier or safer place? We ask Karl Zimmel, director of risk-management services at UniSource Energy Corp.

Is the world a riskier or safer place? We ask Karl Zimmel, director of risk-management services at UniSource Energy Corp.

New York City Mayor Mike Bloomberg, accused of being missing in action during a mega snowstorm last winter, was under a microscope before, during and after Hurricane Irene. And clearly he was determined to get it right this time.

Disaster recovery is a huge topic for risk managers these days, especially in light of multiple disasters occurring worldwide, the latest being Hurricane Irene and the Virginia earthquake.