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Risk in Context Blog

Timely posts from our risk and insurance experts on the issues and trends that affect your business — and your bottom line

RECENT POSTS

Data is the Key to an Improved Risk Strategy

Posted by Brian C. Elowe Wednesday, 08 May 2019

With data at their fingertips, risk managers have an unprecedented opportunity to better understand their company’s risks and develop decision-making frameworks for risk finance and other mitigation investments.

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Related to Property

Quantification Adds Up to Better Cyber Risk Management

Posted by Robert Parisi Monday, 29 April 2019

Cyber risk quantification can help express cyber risk in a language that is common to all business stakeholders: economics.

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Related to: Cyber Risk

How New Regulations On Bunker Fuel Will Affect Credit Insurance Capacity

Posted by Maurits Quarles van Ufford Sunday, 28 April 2019

Will new bunker fuel regulations affect credit insurance capacity?  Companies that may be affected by IMO 2020 should prepare for the impact on capacity

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How Global Businesses Can Navigate Challenging Trade Winds

Posted by Ed Yauch Friday, 26 April 2019

It’s a time of great uncertainty in the global economy, with multinational businesses facing many difficult questions. Organizations, however, don’t have the luxury of taking a wait-and-see approach.

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PFAS Alarms Call on Manufacturers to Take Action

Posted by Kimberly Mann Wednesday, 24 April 2019

So-called forever chemicals have been ubiquitous for decades in manufacturing, consumer goods, and more. But their strong chemical makeup means that PFAS could represent a weak point in chemical companies’ risk profiles.

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Hurricane Forecast: What’s Your Weakness?

Posted by Chad Wright. Monday, 22 April 2019

With the 2019 hurricane season around the corner, organizations need to take precautions and ensure they have the right coverage in case they end up in the path of a catastrophic weather event.

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Related to: Property

Don't Let Spring Flooding Sink Your Company

Posted by Duane Paulson Tuesday, 16 April 2019

With above-average precipitation in the forecast, two-thirds of the lower US face elevated flood risk through May. Take steps now to prepare and manage the effects on your business.

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Related to: Flooding , Flood Services

40 Years After: 5 Lessons from the Three Mile Island Nuclear Accident

Posted by Daniel McGarvey Thursday, 28 March 2019

On March 28, 1979, the US experienced its worst commercial nuclear disaster when a reactor at Pennsylvania’s Three Mile Island Nuclear Generating Station suffered a partial meltdown. Lessons from Three Mile Island have helped shape the industry and the nuclear insurance enterprises that support it.

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Decision on White Collar Exemption Calls for Employer Action

Posted by Kelly Thoerig Tuesday, 12 March 2019

US employers finally have clarity on the salary threshold for an important overtime exemption to the Fair Labor Standards Act (FLSA). Last week, the US Department of Labor (DOL) announced a new rule that addresses the salary level needed for so-called “white collar” workers — executive, administrative, and professional employees — to be considered “exempt” and therefore not entitled to overtime pay. 

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New Cyber Threats and Regulations Call for Urgency

Posted by Kevin Richards Tuesday, 05 March 2019

The continually changing nature of cyber risk makes this peril especially dangerous for companies, and it is imperative for companies to manage cyber as a critical and ongoing business priority.

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Related to: Cyber Risk , Cyber Risk