Hurricanes, tornadoes, blizzards, earthquakes, floods and terrorism – the catastrophic disasters that remind us of the fragility of life and the uncertainty of investments in the future are subject to sophisticated risk modeling. Risk management is both an actuarial and a spatial problem, and the ability to diversify risk is critical to a healthy insurance industry.

In 2003, theoretical physicist Michio Kaku declared that time travel, “…once confined to fantasy and science fiction… is now simply an engineering problem.” Today, from the standpoint of operations improvement and top-line growth, it’s an engineering problem that’s been solved.

The Agribusiness and Food Industry has grown to be a multi-billion dollar business that strives to feed the world. It is an industry that involves farmers, ranchers, food producers, seed supply, agrichemicals, farm machinery, wholesale and distribution, processing, marketing, and retail sales. The industry is increasingly facing . . .