Risk managers should instantly identify with the principles of resiliency. Much of what happens in our world is predictable and manageable, and loss prevention efforts can make it even more predictable and controllable. For insurable risks, we can then share or spread the risk for the less predictable and manageable through insurance or pooling. Building resilience helps us prepare for and manage uninsurable risk. 

The water crisis in Flint, Mich., is not new. Water quality in the city has been an issue for years, affecting many people – residents, companies who use the water supply and elected leadership and environmental health regulators at local, state and federal levels trying to come to grips with the problem. The story has slowly spiraled out from being local to regional to national news.