Thank you for sharing!

Your article was successfully shared with the contacts you provided.

Nature has done a number on the U.S. this year. With two months remaining, 2011 already set the record for the most FEMA-declared disasters since the agency began keeping track in 1953. Between Midwestern and southern tornadoes, Texas fires, and northeastern blizzards and hurricanes, no corner of the country has escaped without being affected in some way. Domestic weather losses have exceeded $35 billion, according to the National Oceanic Atmospheric Association, and the damage doesn’t stop stateside. With a tsunami in Japan and flooding in Australia, the rest of the globe has been hit hard as well. This has been the costliest year on record, with economic losses in the first six months alone topping $265 billion, according to Munich Re.


Join PropertyCasualty360

Don’t miss crucial news and insights you need to make informed decisions for your P&C insurance business. Join PropertyCasualty360.com now!

  • Unlimited access to PropertyCasualty360.com - your roadmap to thriving in a disrupted environment
  • Access to other award-winning ALM websites including BenefitsPRO.com, ThinkAdvisor.com and Law.com
  • Exclusive discounts on PropertyCasualty360, National Underwriter, Claims and ALM events

Already have an account? Sign In Now
Join PropertyCasualty360

Copyright © 2019 ALM Media Properties, LLC. All Rights Reserved.