Public Sector Risk

Following Hurricane Irene, two of the big three hurricane modelers released insured loss estimates, and the gap between them could potentially fit another Hurricane Irene-type event.

With modern society's ubiquitous reliance on the electrical grid, a severe solar storm can wreak havoc on the electric power supply and trigger losses from business interruption and damaged physical assets.

A fire, hazardous chemical spill or bomb within a building obviously would necessitate immediate evacuation to a safe location outside the building. So having a solid, rehearsed plan in place could mean the difference between life and death. Here are critical tips to getting it right.

New York City Mayor Mike Bloomberg, accused of being missing in action during a mega snowstorm last winter, was under a microscope before, during and after Hurricane Irene. And clearly he was determined to get it right this time.

Citing an increased risk of winds and high waters from Hurricane Irene, New York City Mayor Michael Bloomberg has issued a mandatory evacuation order for large parts of the city.

This years winners of the fifth annual Awards for Excellence in Workers Compensation Risk Management are Gary Eastes, risk and benefits manager for the City of Knoxville; Michael P. Murphy, manager, global property and casualty insurance, Kennametal; and Bruce Jones, director, insurance and Texas Plan Administrator, Community Health Systems (CHS).