External Perspective
If X, Then Y and Other Mathematical Lies: Ritholtz Viewpoint
If you work in finance, you will invariably come across an example of single-variable analysis. Almost daily, we see terrible examples of this sort of analytic error, rife with logical weakness, yet ...
Is the Government Liable When It Fails to Act Against Rising Sea Level?
Like a driver who is obligated to use his brakes to prevent hitting a pedestrian in a road, governments have a duty to protect private property with the right laws and regulations, a Vanderbilt Law ...
Executive Insight: How to Elevate a P/C Carrier From ‘Good to Great’
Scottsdale Insurance Company began to look at its operation late in 2002 with an eye on the future and what it would take to continue its leadership position in the excess and surplus lines market. ...
Understanding the Flywheel; Revisiting ‘Good to Great’ Leadership Lessons
In his book, "Good to Great: Why Some Companies Make the Leap…and Others Don't," Jim Collins uses the flywheel metaphor to explain that great companies aren't overnight successes. Instead, such ...
Her-icanes Not More Deadly; Insurance Analysts Refute University Research
A recent study of hurricane names reveals some interesting information about gender stereotyping but doesn't support the conclusion that storms named after women are more deadly than those named ...
Top 10 Questions Boards Should Ask About Enterprise Risk Management
Board members are being asked to play a larger role in risk governance. Regulatory requirements, rating agency criteria and evolving management practices are increasing the volume and frequency of ...
A Conversation with Fermat Capital’s John Seo: The Evolution of Cat Bonds
John Seo, a pioneer in the catastrophe bond space, uses advanced technical models to assess the risk that investors will take on through portfolios of insurance-linked securities. But even simple ...
Defending Food Labeling Claims at the Class Certification Stage: A Recipe for Success
If you are shocked and surprised that your Crunch Berries have no berries, your Froot Loops contain no fruit and your "all natural" ice cream contains genetically modified organisms (GMOs), you're ...