Skip to page content

Liability Risk Management

Journal Article
Enterprise Risk Management: How Do Firms Integrate Cyber Risk?
Cyber risk has attracted boardroom-level attention. However, many cyber incidents cost companies less than 1% of annual revenues. Therefore, we examine how companies integrate cyber risk into their enterprise risk management practices.
May 26, 2023
Report
Defining Recognized and Generally Accepted Good Engineering Practices for Process Safety Management
The author presents the origin and intention of recognized and generally accepted good engineering practices (RAGAGEP), points of disagreement about the definition, and recommendations for complying with RAGAGEP.
Apr 11, 2022
Report
Workers' Compensation and COVID-19
As the pandemic continues, states vary on whether or how to allow workers to seek compensation for a COVID-19 diagnosis. It's too early to know the full costs, effects, and efficacy of these efforts, but now is a good time for policymakers to consider all the arguments for and against coverage.
Jan 11, 2022
Report
Improving the Availability and Affordability of Pandemic Risk Insurance: Projected Performance of Proposed Programs
This report evaluates and models proposals for an insurance-based program to provide businesses with resources to maintain payroll and benefits and cover ongoing operating expenses during a pandemic.
Jun 15, 2021
Multimedia
COVID-19 Vaccine Liability and Compensation in the United States
This RAND Corporation virtual event explored how those who believe that they have been injured by COVID-19 vaccines in the United States can seek compensation and how the two federal compensation systems for people harmed by vaccines differ.
Apr 29, 2021
Journal Article
A Framework for Complex Climate Change Risk Assessment
In this perspective, we present a framework for three categories of increasingly complex climate change risk that focus on interactions among the multiple drivers of risk, as well as among multiple risks.
Apr 28, 2021
Multimedia
COVID-19 Vaccine Cross-Border Liability and Compensation
A RAND virtual event focused on (1) facilitating global distribution of coronavirus disease 2019 (COVID-19) vaccines and (2) preventing liability and compensation concerns from affecting the vaccine supply chain and public uptake of the vaccine.
Feb 2, 2021
Commentary
Creating the Right Incentives for State and Local Governments to Reduce Disaster Costs
In the United States, federal, state, and local governments share responsibility for paying for losses from disasters. As the frequency and severity of disasters has increased, so have the losses. It’s worth considering whether the current risk-sharing approach is appropriate.
Oct 14, 2020
Journal Article
Disaster Risk Reduction in Cities: Towards a New Normal
This chapter introduces some of the key issues facing scholars and practitioners of disaster risk reduction in urban areas, which are now home to over half of the global population.
Sep 3, 2020
Blog
Summer Reading List for Congress
During the August recess Hill staff should have an opportunity to step back from the fast pace of votes and hearing preparation to examine priorities for the fall and beyond. This list of must-read research and commentary covers some policy issues they will likely be addressing after the break.
Aug 18, 2020
Commentary
Key Questions to Ask in Designing a Pandemic Risk Insurance Program
Congress is considering establishing an insurance program that would make business interruption coverage for pandemics less expensive and more widely available. We have identified several key questions that policymakers could consider when designing a pandemic risk insurance program.
Jul 27, 2020
Commentary
Is It Time for a Federal Pandemic Insurance Program?
Insurance companies for the most part are not contractually obligated to cover the enormous business interruption losses caused by social distancing and stay-at-home orders. How might the United States design a system for risk spreading and compensation for pandemics? And what roles should insurance and government play?
Jun 26, 2020
Commentary
Tapping Business Interruption Insurance Coverage to Assist Small Business During the Pandemic
Legislation has been introduced in several states that would require insurers to cover business interruption losses due to the COVID-19 outbreak. What are the advantages and disadvantages of such a law? If policymakers were to proceed with such an approach, then what design considerations should they keep in mind?
Apr 10, 2020
Multimedia
The RAND Institute for Civil Justice: 40 Years
For 40 years, the RAND Institute for Civil Justice has supplied government and private decisionmakers and the public with the results of objective, empirically based, analytic research.
Dec 12, 2019
Commentary
Allocating Costs for California Wildfires
Wildfires in California have caused and will likely continue to cause substantial losses for residents, businesses, and government agencies. It is important to distribute these losses in a manner that provides incentives to reduce their magnitude over time.
Jul 24, 2019
Journal Article
Comparing Networked and Linear Risk Assessments: From Theory to Evidence
Assessing whether networked risk assessments match the actual cascades that occur during disasters can provide a process for further refinement of assessment tools by uncovering their strengths and weaknesses.
Jul 10, 2018
Journal Article
Impact Assessment of Specific Measures Aimed at Increasing Transparency and Engagement in EFSA Risk Assessment Process
The main objective of the study was to assess the impact of a set of measures identified by EFSA to promote trust and confidence in EFSA's risk assessment process.
Aug 1, 2017
Commercial Book
Rethinking Risk in National Security: Lessons of the Financial Crisis for Risk Management
This book examines the role of risk management in the recent financial crisis and applies lessons learned to the national security realm.
Jun 1, 2016
Commentary
Climate Targets: Values and Uncertainty
Policymakers know that the risks associated with climate change mean they need to cut greenhouse-gas emissions. But uncertainty surrounding the likelihood of different scenarios makes choosing specific policies difficult.
Aug 11, 2015
Report
Rising Cost of Flood Insurance Will Create Serious Challenges for New York City
Some New York City residents may soon face sharp increases in their flood insurance premiums as a result of major changes occurring in the National Flood Insurance Program and the redrawing of flood maps that expand the areas at risk. Property owners in areas now deemed at highest risk may face increases of $5,000 to $10,000 annually.
Oct 25, 2013

1
2
Next

Researcher Spotlight

Graham Andrews

Assistant Policy Researcher

Graham Andrews is a doctoral candidate at the Pardee RAND Graduate School and an assistant policy researcher at RAND. He holds a Master of Public Administration from the University of Washington, and a B.S. in computer science from the University of Redlands. His research interests include the…
Bethany Saunders-Medina

Policy Analyst

Bethany Saunders-Medina (she/her) is a policy analyst and coordinator for the RAND Institute for Civil Justice (ICJ) and the Kennth R. Feinberg Center for Catastrophic Risk Management and Compensation where she helps manage research portfolios and overall center operations. Her work focuses on…

Explore Our People »