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December 2011   
Risk Management Magazine - Vol. 58 - Issue: 10, December 01, 2011 The Year in Risk 2011

2011 was a tragic, frightening, volatile year full of destruction, revolution, market uncertainty and pretty much everything else under the sun.
 
Features
 
Year in Risk
We chronicle the past 12 months through the lens of risk, from the Japan earthquake and the Arab Spring to the Greek debt crisis and the death of Steve Jobs.
Year in Risk: Japan Quake Highlights the Worst Disaster Year in History
The most costly disaster in world history, floods everywhere, tornado outbreaks, wildfires and a rare Northeast hurricane made 2011 a year we wish never happened.
Year in Risk: Debt Ceiling Debate, U.S. Debt Downgrade, Euro Zone Default Spur Market Turmoil
The only thing that could make the economy of 2011 worse? Politicians.
Year in Risk: Social Unrest Reaches Its Boiling Point
The Arab Spring, Occupy everything, and riots in the UK, Vancouver and Greece turned 2011 into chaos.
D&O Liability Claims Issues in 2011
The trends driving directors and officers insurance, including M&A litigation, Dodd-Frank whistleblowers, subprime settlements and the Supreme Court’s interest in securities cases.
 
Departments
 
Apple and Samsung Wage Patent War
In April, Apple sued Samsung for copying its iPhone. And the war has only heated up since.
Last Word: Same Old Song and Dance
Yet another tale illustrating the music industry’s demise.
Time Line: A Year of Fines
Banks are finally owning up to fines stemming from the financial crisis and mortgage meltdown of 2008.
In Honor of Risk Education
How the Spencer Educational Foundation is helping to train the next generation of risk managers.
Insurers’ Charity Often Goes Wasted
How can insurers do more good with the money they donate?
Three Ways to Stay Ahead of the SEC Cyberthreat Disclosure Mandate
The SEC is now mandating companies to disclose their cybersecurity vulnerabilities. Here are three ways to stay out of related disputes.
Paper Pushers
Too many companies are still stuck in the past.
Password Apathy
Few employees -- even IT employees -- are vigilant about using adequate passwords.
Predictive Modeling and Workers Comp
If used properly, modeling can identify the high-cost claims that account for 80% of workers comp costs.
A Voice from the Vatican
The Church weighs in on the economy.
Book Review: Uncertainty
Johnathan Fields' latest asks what drives people to create.
Book Review: How to Handle a Crisis
It is one thing to have a disaster management plan. It is something else entirely to be able put that plan into action when a crisis occurs.
 

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