Research conducted by a team of U.S-U.K. scientists and engineers shows federal flood maps underestimate at-risk Americans by more than 27 million people.

The group is called Fathom, and they presented their research at the 2017 American Geophysical Union Meeting on Dec. 11 — research they say fills in “vast amounts of missing information” in current federal flood risk assessments.

(TNS) - When the phone rang at 4:50 a.m. Thursday, I woke up on high alert. No one calls that early with good news.

When I saw the caller ID said “CSUN Emergency,” my heart started racing. My youngest son, Cameron, attends California State University-Northridge. High alert shifted to dread.

It turned out the call was just to inform us that CSUN was canceling classes that day due to poor air quality and transportation issues stemming from the massive Southern California wildfires. What a relief. But there was no chance I would go back to sleep without finding out how close the fires were to CSUN’s dorms and what the strategy was for putting the fires out.

Construction of a new spillway at the Oroville Dam in northern California—the largest dam in the U.S.—is underway and is expected to be completed sometime in 2018, according to the California Department of Water Resources. The dam replaces the previous spillway, which was damaged by heavy flooding in February.

Problems at the Oroville Dam began, when the dam’s main sluice was damaged after a winter season of record rain and snowfall, following five years of drought. Torrential rainfall caused water levels to rise so quickly that large amounts needed to be released to prevent the dam from rupturing and sending a wall of water to the communities below.

When it comes to record management and customer notifications, the legal requirements for businesses are vastly different from state-to-state. Take for example California, where businesses are required by law to immediately notify a state resident if his or her personal information has been acquired by an unauthorized user. Most states have similar laws. In Alabama, however, there is no state law requiring a business to notify customers of a data breach.

But only doing the bare minimum of what is legally required can still leave your business vulnerable to reputational harm, loss of customers and disruption of business processes that may prove catastrophic in the long run. Ask yourself this: If it were your data stolen, would you want or even expect to be notified?

(Bloomberg) -- Dry and warm gusts blowing in from the desert have elevated the wildfire risk in Southern California to critical, several weeks after deadly flames tore through wine country to the north.

The strongest Santa Ana winds of the season threaten more than 14,000 square miles (36,260 square kilometers) covering a population in excess of 19.9 million, according to the U.S. Storm Prediction Center in Norman, Oklahoma. That includes Los Angeles, San Diego and San Bernardino. They’re expected to last through Thursday.

Whether it was natural disasters, cyberattacks, corporate crises, political uncertainty or terrorist activity, risk events made high-profile and often sobering headlines in 2017. Although by no means exhaustive, the following review of the year in risk can help risk professionals learn from the past so that they can better prepare for future threats.

It's hard to conceive of a dark side to giving holiday gifts to friends and loved ones.
But unusual risks associated with three popular types of gifts could make normally happy moments turn sad.

A devastating hurricane season left catastrophic damage across the Atlantic basin, with the most severe storms in more than a decade striking the Caribbean and southern United States in close succession. While the year is not yet over, 2017 is already one of the most expensive in history for natural disasters. Risk Management spoke with individuals from across the risk and insurance community who were involved in the season’s three major Atlantic hurricanes—Harvey, Irma and Maria—to discuss their first-hand experience weathering the storms, managing disaster response and recovering in their wake.

From Risk Management Monitor
November 16, 2017

Holiday parades will be marching down many U.S. city streets during the next six weeks, with millions of revelers expected to attend. And while these are historically joyous occasions, safety is a top concern for businesses located near the festivities—especially considering the high-profile violence that has recently dominated headlines. Rezwan Ali, risk solutions group head of security at Falck Global Assistance, which advises companies about security, safety and travel risks, spoke about the challenges and best practices faced by businesses and employees located near parade routes.