Lucian McMahon is a principal analyst, senior manager in the casualty analytics group at Verisk. He leads development of Arium’s historical, emerging, and emergent risk scenarios. Prior to joining Verisk, Lucian conducted emerging risk research for the Insurance Information Institute and on another team at Verisk. He holds a BA from the University of Rochester.
For meat lovers, the Fourth of July has historically been a perfect excuse to throw some steaks on the backyard grill. And those steaks usually come from actual cattle. But these days, efforts are under way to develop so-called "cultured meat" – that is, meat grown in a laboratory
Blockchain technology has been getting a lot of attention recently, beyond just its role as the technology underlying “virtual currencies” like Bitcoin. Some have enthusiastically claimed that blockchains have the potential to help streamline insurer operations and improve data security—but, as with many new technologies, it’s also being met with skepticism.
Data from recently reported fatal crashes involving semi- and fully autonomous vehicles suggests that the “self-driving” cars now on the road may represent distracted driving in a new and more dangerous form.
It seems not a day goes by without a cyber breach reported somewhere around the globe. Insurers are thinking about cybersecurity too, if the past five ISO Emerging Issues Bracket results are any indication.
Read all of the articles in the Visualize series, From Seed to smoke: Risks across the marijuana supply chain, by Lucian McMahon, CPCU, ARM-E, AU-M, product development specialist with the ISO Emerging Issues team.
Marijuana is currently listed as a Schedule I drug under the federal Controlled Substances Act of 1970 (CSA), which defines Schedule I as drugs “with no currently accepted medical use and a high potential for abuse.” Meanwhile, some states permit some uses, resulting in a conflict.
The continuing Verisk series on emerging risk discusses some of the risks related to people using marijuana, including driving under the influence and employment-related concerns.