Indonesia’s Year of Tragedy
The recent tsunami that devastated several remote islands in Indonesia has brought to light the country’s horrible history of natural disasters. Here, we take a look at the worst disasters to strike...
View ArticleBusiness Interruption in Japan
Thousands are dead after the worst earthquake in generations struck off the northeast coast of Japan on Friday. The 8.9-magnitude quake rocked the country, sending cars off bridges and causing numerous...
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Q&A: The Automotive Industry After the Quake
Though many industries were affected after the Japan earthquake and tsunami, there were some that were hit especially hard — electronics and automotive. To get a better glimpse of what the automotive...
View ArticleRIMS President Urges Members to Give to Japan
As stated on the RIMS homepage, the Risk and Insurance Management Society’s president, Scott B. Clark, is urging members to give to Japan as the country works to slowly bring itself back to...
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New Year, New Natural Disaster Emergency Plans
Along with January renewals and analyzing whether existing policies offer sufficient coverage, the new year is a perfect reminder to review company-wide emergency plans. While 2013 may have been a...
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Marine Losses Continue Downward Trend
The marine industry continued to see a steady decline in the number of large ships losses globally since 2002, with 94 ships lost in 2013, down 20% from 117 reported in 2012, according to a study by...
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Tool Calculates Natural Hazard Risk to Property
Potential for hurricanes and storm surges, the possibilities of wildfires and sinkholes, and an extensive coastline make Florida rank as the state with the highest risk of property damage from natural...
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Climate Change’s Impact on Cities and Businesses
Growing populations around the globe have created larger cities, as well as greater concentrations of risk. It is projected that a rise in sea levels and increased intensity of events will amplify the...
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Combating Risks to the Electric Grid
Electricity is the foundation of society, making the electric grid one of our most critical infrastructures. It is also one of the most vulnerable, and is subject to a number of variables, according...
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Inadequate Emergency System Contributes to Indonesia’s Rising Death Toll...
The death toll on Indonesia’s island of Sulawesi has risen to 1,200 as of this morning, in the aftermath of a 7.5 magnitude earthquake on Friday and the tsunami that followed. As emergency crews still...
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