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Near-misses, mitigation, and resilience

By   /  August 20, 2012  /  Emergency Management, General News  /  No Comments

From the Homland Security Watch Blog A giant tulip poplar fell in our yard.   It’s girth was nearly twice my reach.  A storm uprooted and deposited it precisely parallel to our house about eight feet from the west wall.  If it had fallen east at almost any other angle it would have caused significant [...]

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Discounting risk can be costly

By   /  January 20, 2012  /  Emergency Management  /  No Comments

From the HLSWatch.com blog The chart is taken from a December edition of Fortune Magazine.  These estimated costs — almost certainly underestimated — reflect a record-setting $380 billion in global economic losses; nearly two-thirds higher than in 2005, the previous record year. (See more from Munich RE.) This week’s leader in The Economist is entitled, [...]

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2011 natural disasters cost U.S. insurers more than $32 billion

By   /  January 3, 2012  /  Emergency Management, General News  /  No Comments

2011 saw U.S. government set record for disaster declarations; the severity of the disasters set a record as well, with twelve separate billion-dollar weather/climate disasters in 2011, with an aggregate damage total of approximately $52 billion (this number reflects both insured and uninsured losses) Private sector insurance companies will pay more than $32 billion in [...]

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