The blueprint cites the example of 500 commercial clients of the insurer FM Global, which experienced about 85% less damage from Hurricane Katrina as similarly situated properties. The reduced losses were directly the result of building retrofits and other hurricane loss prevention and preparedness measures taken by the insurer’s 500 policyholders.
Continue reading Resilient Coasts Blueprint Outlines Steps to Reduce Risks and Losses in Face of Growing Threats
