The Risk Management Blog
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For several years now, reputation risk has been among the top threats listed by company executives when they are asked what keeps them up at night. There are several reasons for this. The emergence of 24-hour news, the internet and social media have created a world where corporate snafus that would have been merely a [...]
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It seems Massey Energy Co., the owner of the West Virginia mine where 25 people died in an explosion, made one bad decision after another in the time leading up to last week’s tragic event. First, the company opted out of buying a little something called insurance — more specifically, business interruption insurance. Massey’s annual [...]
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