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Security Boulevard
Risk management is a fundamental component of any successful organization and has been since the dawn of corporations as we know them. The primary function of risk management as a whole is to allow business leaders to determine the best course of action based on the probability of a given outcome and the possible detriments that decision.
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WJLA
Just one week into hurricane season, states in the South are already dealing with the impact of a major storm, with Cristobal making landfall in Louisiana as a tropical storm. Responding to natural disasters is always an enormous challenge for the US Government, but with the coronavirus pandemic still looming, the complexity of the job this year is greater than ever.
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One of the biggest challenges insurance companies will face in the coming months will be how to effectively handle the deluge of claims related to COVID-19. For a lot of organizations, this sudden uptick in claims activity will put an enormous strain on resources that are already at capacity.
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Auto Finance News
The technology provider specializing in loan originations explained integration aims to help finance companies make more intelligent underwriting decisions within Launcher’s loan origination system with HRI Analytics’ empirical data driven solutions.
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Pensions & Investments
For so many investors, regret and misunderstanding have painfully followed the portfolio wreckage caused by COVID-19. "I didn't know I had that much exposure" and "We knew our exposure, but we couldn't justify the cost of hedging" are expressions of both.
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Insurance Business
With police brutality becoming a major issue in America, a researcher is suggesting that there is a way to keep the police in check — through liability insurance. Although bigger cities can pay for any claims filed against their police force, with the money coming from their own coffers, smaller municipalities do not have the same luxury.
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Verdict
Ongoing protests against racism and police brutality have already sparked changes, including more serious charges against the officer who killed George Floyd and new charges against his fellow officers who watched without intervening, a pledge by the Minneapolis City Council to disband and replace the existing police force, and the beginning of reform throughout the country.
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 7701 Las Colinas Ridge, Ste. 800, Irving, TX 75063
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