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While the identity of Buffetts successor has remained a mystery for years, he has said he wants the next leader to be drawn from the companys ranks, relatively young and unmotivated by ego.
Last year, the U.S. experienced 16 weather and climate disasters each with losses exceeded $1 billion, according to the National Oceanic and Atmospheric Administration.
Two days of rain led to at least six deaths, knocked out power and partially closed a major highway in California just weeks after forest fires swept through the area.
The deadliest mass shooting in modern U.S. history in Las Vegas last October has driven large-scale changes to hotel, gaming, and entertainment organizations risk management approaches.
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