Is a Growing Occurrence of Storms Making Us Better Protected?
September 17, 2018
Damage from climate and weather disasters cost around $306 billion in 2017, making it the most expensive year on record for natural disasters in the United States. As we think about the fires, floods, hurricanes, earthquakes and tornadoes that ravaged regions of the country, we can’t help but empathize with the victims. As we think of ways to support them, we should also consider what we stand to learn from these disasters. Clearly, it’s time to get serious about safety. The world’s largest reinsurance company estimates that policyholders around the globe received $135 billion to cover losses from natural disasters last year. It will…
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