Filed Under:Risk Management, Loss Control

More Costly Weather Disasters on the Way, Climate Scientists Warn

WASHINGTON (AP)—Global warming is leading to such severe storms, droughts and heat waves that nations should prepare for an unprecedented onslaught of deadly and costly weather disasters, an international panel of climate scientists said in a new report issued Wednesday.

The greatest threat from extreme weather is to highly populated, poor regions of the world, the report warns, but no corner of the globe—from Mumbai to Miami—is immune. The document by a Nobel Prize-winning panel of climate scientists forecasts stronger tropical cyclones and more frequent heat waves, deluges and droughts.

This report—the summary of which was issued in November—is unique because it emphasizes managing risks and how taking precautions can work, Field said. In fact, the panel's report uses the word "risk" 4,387 times.

Field pointed to storm-and-flood-prone Bangladesh, an impoverished country that has learned from its past disasters. In 1970, a Category 3 tropical cyclone named Bhola killed more than 300,000 people. In 2007, the stronger cyclone Sidr killed only 4,200 people. Despite the loss of life, Bangladesh is considered a success story because it was better prepared and invested in warning and disaster prevention, Field said.

Featured Video

Most Recent Videos

Video Library ››

Top Story

15 tips for driving safely on ice and snow

More than 800 people die each year in the U.S. in vehicle crashes caused by snow, sleet and freezing rain.

Top Story

PIA's national president was born to insure

Robert W. Hansen Jr., a fourth-generation insurance professional, reflects on what drives him to keep selling after more than 30 years in the business.

More Resources

Comments

eNewsletter Sign Up

PropertyCasualty360 Daily eNews

Get P&C insurance news to stay ahead of the competition in one concise format - FREE. Sign Up Now!

Mobile Phone

Advertisement. Closing in 15 seconds.