Loss Control

In the aftermath of last years record-breaking U.S. thunderstorm losses, risk modelers are scratching their heads to figure out if the countrys storm exposure profile is increasing due to historically inadequate modeling methods or other factors.

In the aftermath of last years record-breaking U.S. thunderstorm losses, risk modelers are scratching their heads to figure out if the countrys storm exposure profile is increasing due to historically inadequate modeling methods or other factors.

The claims numbers are rolling in as insurers and homeowners begin the painful process of inspecting what remains of the devastation left from the Colorado wildfires that at their height forced 32,000 people to evacuate their homes and left one insurance executive describing his own brush with loss.

Improved vehicle design has certainly had some impact on the reduction of accidents, but the decreased number of accidents reported to police agencies is more likely due to financial woes.

Improved vehicle design has certainly had some impact on the reduction of accidents, but the decreased number of accidents reported to police agencies is more likely due to financial woes.

From Utah to Indiana, officials are eschewing annual fireworks displays to avoid triggering more wildfires.

Increasingly, more CEOs and CFOs are taking charge of their companies' risk-management duties, according to a Deloitte & Touche and Forbes Insights survey--and the majority of those companies say they plan to implement changes designed to raise the profile of risk management throughout their organization.

RiskMeter Online, a provider of real-time natural hazard risk reports, has applied its wildfire model to provide analysis on theHighParkwildfire inColorado. This initiative provides a list of zip codes, which have been burning or that RiskMeter anticipates may burn based upon its model, and a map to concerned property...