A large part of today's natural disaster exposures has to do with shifts in weather patterns, resulting in increased frequency and severity of events. (Photo: Bloomberg) A large part of today's natural disaster exposures has to do with shifts in weather patterns, resulting in increased frequency and severity of events. (Photo: Bloomberg)

My mother raised me with the notion that it's better to be safe than sorry. While the insurance industry may live by that risk management credo, it doesn't appear to be the prevailing attitude among millions of policyholders when it comes to protecting properties against hurricanes, floods and wildfires.

Continue Reading for Free

Register and gain access to:

  • Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
  • Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Catastrophe & Restoration
Commercial Lines
E&S/Specialty
Personal Lines
Loss Control
Weather Risk
Analytics & Data
Technology Solutions