When it comes to floods–the number-one natural disaster in the United States–everyone faces a degree of risk. And as risk managers know, one of the biggest enemies of corporate America is unacceptable risk.

History reminds us that underestimating the threat of flood can be costly for corporations and the communities they support. The good news is that corporate risk managers can identify, evaluate and mitigate the danger of rising water.

In addition to promoting mitigation activities to protect against physical loss to commercial buildings and contents, corporate leaders can better protect the financial welfare of their businesses and employees by purchasing and advocating sufficient flood insurance.

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