Nearly Two-Thirds of Global Catastrophe Economic Losses Unaddressed by Insurance January 25, 2021 There were 416 natural catastrophe events globally in 2020 that resulted in economic losses of $268 billion – 8% above...
How Forested Communities Are Trying to Adapt to Growing Wildfire Threat September 23, 2019 By DUSTIN PATAR and ANTON L. DELGADO Unless it’s Sunday, Kelly Loew is steering her rusty red Jeep down the same mail route in Shingletown, as she...
How Insurers Help Design High-End Homes That Mitigate Disaster Risk August 30, 2019 By Suzanne Barlyn Bruce Gendelman wanted a mountainside retreat when he bought 12 acres in Aspen, Colorado. But forest fires that have torched...
FEMA Chief Urges New Culture of More Individual Responsibility for Disaster Mitigation April 29, 2019 By Christopher Flavelle Americans must assume more responsibility for protecting themselves from the rising toll of natural disasters, the head of the Federal...
Insurers’ Firefighting Teams Move to Limit Damage from California Wildfires November 13, 2018 By Katherine Chiglinsky and Claire Ballentine California’s raging wildfires are so bad that American International Group Inc. and Chubb Ltd. are deploying teams of specialists and...
Critics Say Bond Rating Agencies Ignore Municipalities’ Climate Risk November 5, 2018 By Christopher Flavelle Last fall, after a trio of deadly hurricanes, ratings companies warned vulnerable coastal cities to get ready for climate change...
Latest Storms May Finally Shift Focus to Disaster Mitigation by Local Communities October 17, 2018 By Christopher Flavelle Hurricane Michael’s devastation could spur policymakers to better prepare vulnerable communities for the effects of climate change. The images of...
After Pair of 1-in-1000 Year Floods, a Maryland Town Seeks Safeguards May 31, 2018 By David McFadden and Courtney Columbus The deadly flash flood that devastated a Maryland town’s historic center in July 2016 was dubbed a 1-in-1000 year event....
Federal Disaster Mitigation Saves $6 for Every $1 Spent: Report January 12, 2018 By Christopher Flavelle Federal programs to protect Americans against extreme weather and other natural disasters save even more money than previously thought, according...
Vanuatu Villagers Provide Lessons in Survival After Cyclone Pam March 19, 2015 By Stephen Coates Villagers in Vanuatu buried food and fresh water as one of the strongest storms on record bore down on them,...