Category: Regulatory Risk
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Storm Flooding Catastrophes: Assessing A Region’s Response Capability
Two weeks ago, a storm flood surged through the Hill Country of central Texas, inflicting more than one hundred fatalities. Last year, Hurricane Helene caused a similar level of damage in North Carolina and other southeastern U.S. communities. Neither of these events, though, matched the destructive power of Hurricane Katrina in 2005; striking New Orleans…
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Staying Focused On Regulatory Risk
What is the greatest short term threat to financial profitability? For many organizations, the obvious answer is now “protective tariffs.” That’s a reasonable reply, but regulatory risk may represent a potentially greater long term threat to corporate performance. Earlier this week, for instance, Chevron lost an environmental lawsuit and was ordered to spend three quarters…