PRA to add description of this heading here upon completion.
The definitive thoughts, frameworks, and analyses on modern risk.
According to Javelin’s 2020 Identify Fraud Study, Americans lost $16.9 billion due to identity fraud. Concerned? Consumer research conducted by Chubb reveals that while the majority of Americans are concerned about being impacted by a cyber breach, only a small percentage are actually taking the right steps to protect themselves and their families. What are the right […]
If you think I’m being an alarmist, I get it. Meanwhile, I just finished one of the most alarming articles I’ve ever read. In my lifetime. The title: “I’m a 37-Year-Old Mom & I Spent Seven Days Online as an 11-Year-Old Girl. Here’s What I Learned.” ONLY read this article if you require VERY graphic […]
One of the world’s oldest tour companies, Thomas Cook, abruptly announced it was going out of business yesterday. While not quite “fake news”, the advice provided by a travel expert on NBC Evening News during their report on this story can best be characterized as “glib news”. In this NBC report, consumers are advised to […]
Probably because I was in New York City on Sept 12, 2001 and not the day before , my most vivid memories of the terror attacks of 9/11/2001 are actually the result of my experiences the following day. This is not just my convenient memory; my recollections are indelible and many. On September 12, EVERYONE was […]
Many financially successful individuals and families I meet with become uncomfortable whenever I address this topic. Such discomfort likely stems from the recognition that time and convenience has caused lapses in adhering to the best practices they have agreed will enhance their security. Though I don’t want to be a fear monger, I remind the […]
If Mother Nature was trying to send us a message in 2017, it reminds me of the adage “When Momma ain’t happy, ain’t nobody happy”. Mountains ravaged by wildfires weaponized into a tsunami of mud, boulders, and fallen trees offers this clear message: we’d be wise to heed the lessons of the past and prepare […]
Not knowing the right questions to ask about your insurance protection is among the key reasons far too many consumers hear the dreaded words “you’re not covered” at the worse possible time — after a personal property or liability insurance loss. Not knowing what we don’t know is a dangerous and common cognitive bias that […]
It is likely old news to most insurance consumers that the National Flood Insurance Program (NFIP) administered by FEMA is plagued with challenges. Challenges as in problems. Many. Big. Problems. This excellent New York Times article provides a sobering analysis of those problems. THE BIGGEST PROBLEM: As illustrated by the excellent chart below, although […]
The rising cost of auto insurance is a source of frustration for most of us. Many I speak with want to know how insurance companies determine the premiums they charge, and why those costs are rising. Insurance companies use actuarial science to analyze a lot of data to help them assess the probability of a […]
While the answer is a resounding YES, there is a catch. Not surprisingly, the impressive new safety features in modern vehicles first requires the driver to learn how to properly use those features. Perhaps because old habits die hard, many motorists are not deriving a benefit from each of the safety features their vehicle provides. […]