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Cornerstone Essays

The definitive thoughts, frameworks, and analyses on modern risk.

Having just completed the acquisition of Chubb, ACE will adopt the Chubb name globally, and parent company Chubb Limited is listed under the symbol “CB” on the New York Stock Exchange and is a component of the S&P 500 index. The “new Chubb” has become the world’s largest publicly traded property and casualty insurance company, […]

Neither a scientist nor climatologist, I do not have firm views on why our global climate is changing. Meanwhile, it surprises me how many continue to deny our global climate IS changing. Hopefully, a new report issued by the UN Office for Disaster Risk Reduction (UNISDR) and the Belgian-based Centre for Research on the Epidemiology […]

The Internet will eliminate many of the “Helper” businesses whose sole value is that or a mere intermediary or conduit. Source: The Demise of The Middleman

A study by a noted hydrologist earlier this year of major Midwestern rivers in the Journal of Earth Science found that Federal Emergency Management Agency (FEMA) and the U.S. Army Corps of Engineers (USACE) have grossly underestimated the threat of severe floods in many communities. The implications of the error are alarming, as calculations of flood […]

I don’t often re-blog another’s post, but this is from a brilliant writer and is well worth sharing.

Ask someone familiar with branding this question, and they will explain a person’s or organization’s name conveys a brand. Good, bad, or unfamiliar, names convey a brand. Donald Trump and Colin Powell. Two very different brands. Ritz Carlton and Hotel 6. Again, two distinctly different brands. Coke and Pepsi. Two brands that are quite similar. […]

FEMA provides a very helpful online tool that allows consumers to complete three easy steps to find the important flood hazard data for virtually any given property. Click here for a link to a FEMA site to see the flood risk data for ANY location that can be found on their highly interactive map. Are there viable risk […]

According to researchers from the U.S. Geological Survey, more than 143 million people residing in the lower 48 United States are vulnerable to earthquakes. The risk for those on the Pacific coast is well known, but those residing in the Rockies, Midwest, New England and parts of the Southeast also face an elevated risk. More […]

Premiums received from all drivers are used by insurance carriers to pay the disproportionate claims caused by bad drivers, which creates a cost impact even for safe drivers. To better understand just how inept some drivers are, check this video from You Tube: https://www.youtube.com/watch?v=Z7FqHJh6Ty4

Check the link below for a great report by NBC News: Security experts warn that cyber criminals are setting up fake WiFi hotspots, luring consumers to hand over the keys to their computers. And travelers are falling for this at an alarming rate. BeAware! http://www.nbcnews.com/nightly-news/video/how-to-protect-yourself-against–free-wifi–scams-415603779813