It is time for the insurance industry to pool its resources andmake a national impact on disaster preparedness, mitigation andresponse by supporting the creation and operation of a neworganization--let's call it the Insurance Institute for EmergencyManagement and Disaster Planning.

Insurers, as the guarantors of the general public for protectionfrom catastrophic events, need a world-class research and policyorganization that studies not just the financial cost of disasters,but how this nation plans and prepares for them, and how wemitigate the risks confronted.

Insurers need an organization that can evaluate and advocate forvarious building designs and construction methodologies, andforcefully opine on where those buildings should and should not bebuilt. The same holds true for traffic and movement patterns,adequacy of public-sector response capabilities, and otherimportant issues that transcend the nature of a specific disasterto be applicable to all events.

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