Risk Management Monitor

AUGUST 9, 2022

In 2021, insurers faced multiple billion-dollar loss events resulting from severe convective storms in the United States, with the greatest damage inflicted by hail that impacted the Plains, Midwest, Southeast and Northeast. Lowen Valley View, L.L.C.

Insurance 78

Insurance Insurance Disaster Preparedness Management 78

Risk Management Monitor

NOVEMBER 11, 2021

With climate change quickly becoming one of the most important issues facing the world, Lloyd’s Chairman Bruce Carnegie-Brown stressed the importance of ESG initiatives to address the threat, as well as the vital role of risk managers, in today’s keynote address at the RIMS ERM Conference 2021 in New York City.

Risk Management 80

Risk Management Management Insurance Insurance 80

National Center for Disaster Prepardness

FEBRUARY 7, 2025

In the private sector, insurance companies such as Allstate and State Farm leverage AI-powered object detection to streamline post-disaster claims processing and enhance the accuracy of damage assessments. Photo credit: Serge Lavoie/Pexels. Algorithm explanation adapted from Durve, Mihir et al. The European Physical Journal Plus.

Damage Assessment 77

Damage Assessment Disaster Management Management Disaster Recovery 77

Castellan

SEPTEMBER 8, 2021

According to the 2021 Business Continuity Management Event Impact Report , there are the top five events that led to business continuity response and recovery plan initiation in 2020: Pandemic/disease: 79% Power outages: 49% Hurricanes: 38% Fire/wildfires: 35% Cyber-attacks: 29%. What is This Year’s National Preparedness Month Theme?

Business Continuity 52

Business Continuity Disaster Preparedness Response Plan Crisis Management 52