As every risk ­manager knows, the world is as fraught with risk as ever. This becomes even more apparent as natural disasters, cyberattacks, corporate malfeasance and political and economic uncertainty make headlines and create new business concerns. The following review of some of the notable risk events of 2018 can both remind us where we have been and provide insight into the challenges and opportunities we could face in the years to come.

Toward the end of a recent news conference held to update the public on the recovery effort in Paradise, a man rose from the audience with a question.

He understood that making the burn area safe for people to return to would be difficult. Especially with the near-constant threat of debris flows. But when could he go back?

A magnitude-4.0 earthquake rattled the rural west side of the San Joaquin Valley early, the U.S. Geological Survey confirmed.

No damages were reported.

Homes in wildfire-prone areas around the U.S. could be built to better withstand blazes without increasing the cost of construction, according to a new report.

The research released Tuesday was sponsored in part by the insurance industry and marks the first attempt to quantify the expenses associated with building residences that meet stringent flame-resistant criteria. Few states have adopted such codes, often citing housing costs, but the new findings suggest fire-plagued communities could curb damage and save lives with minimal effect on home buyers.

PARADISE, CALIF.
Costs associated with a deadly Northern California wildfire will likely be in the billions, U.S. Interior Secretary Ryan Zinke said Monday as he returned to the town of Paradise, saying he has never witnessed such devastation.

"There's a lot of things I'd rather spend this federal money on rather than repairing damage of things that have been destroyed," he said. Zinke nodded to other public services, such as improving visitor experiences at Yosemite National Park or thinning forests as options for the money.

PG&E Corp., suspected of starting California’s deadliest wildfire, may soon get help from state lawmakers – just not the help it most wants.

As early as Dec. 3, a lawmaker plans to introduce a bill that would give the state’s largest utility owner a way to pay off billions of dollars in potential liabilities it faces from the Camp Fire, the deadliest in state history. It killed at least 85 people, torched more than 13,600 homes and sent PG&E shares spiraling.

The so-called Camp Fire in Northern California in many ways has become the worst wildfire in the history of a state whose topography and climate have long made it ripe for devastating blazes.

With terrain ranging from steep, tree-topped mountains to dry, brush-covered hillsides, and matched with a climate that frequently varies from light rainy seasons to drought years, California has been home to deadly, destructive wildfires since record-keeping began in the early 20th century.

Figuring out just how bad a wildfire is requires taking into account several statistics, including not only lives lost and homes destroyed but other buildings burned and the amount of forest, timberland and brush laid to waste.

As California grapples with increasingly deadly wildfires with seemingly few real solutions, one small but effective way of saving communities is getting more attention and traction: deploying a network of infrared cameras on mountaintops and other high hazard areas.

The AlertWildfire network, consisting of some 80 cameras already dispersed among California forests, has already proven its worth on several occasions. As recently as last week in San Diego County, cameras caught two fire start-ups and allowed fire personnel to put them down with the appropriate amount of manpower.

(TNS) - Leigh Bailey, 54, was awakened not by her phone, warning her about an incoming fire that would soon destroy her town, but by a neighbor pounding on her door.

Bailey had no idea how bad the fire was about to become. So she went back inside around 9:15 a.m., had a cup of tea and ate some coffee cake and slowly packed some clothes and her dog and cat before heading out of her home in Magalia, just north of Paradise.

Derek Ross has his hands full with the Woolsey Fire in Southern California for three reasons.

He’s an insurance agent with numerous clients affected, he’s the president of the board of a school district that’s had to close due to the blaze and he lives in a small town that has been devastated by the fire.