Dollar sign sinking into polluted water Climate change may present economic opportunities for insurers. (Photo: Lightspring/Shutterstock)

May is Hurricane Preparedness Month, reminding us to be sure we're mitigating risks as the start of the Atlantic hurricane season approaches on June 1. In the 2020 season, in addition to dealing with the COVID-19 pandemic, insurers and policyholders should consider the effects of climate change on potential losses from storms that have increased in frequency and severity in recent years.

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Rosalie Donlon

Rosalie Donlon is the editor in chief of ALM's insurance and tax publications, including NU Property & Casualty magazine and NU PropertyCasualty360.com. You can contact her at [email protected].