Public risk pools and their respective member organizations continue to face critical challenges. In addition to financial pressures, they deal with significant risks and exposures, and must design emergency-response plans for potential disasters like the terrorism attacks of Sept. 11, 2001 or Hurricane Katrina.
As a result, public entities are striving toward a new vision for risk management programs and have begun to embrace innovative best practices that both transform old processes and support emerging program needs.
The following are seven best practices many public entities have instituted to achieve a new vision for program success.
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