• Citizens in countries in the lower resilience band will be more at risk from extreme environmental events such as forest fires, hurricanes, heat waves, floods, droughts, and storms. (henleyglobal.com)
  • Unfortunately, natural disaster events such as hurricanes, cyclones, storms, floods and wildfires are occurring more often and with greater severity. (construction-today.com)
  • The extent and nature of such action is largely dependent on each individual business' appetite for risk - in other words, the extent to which your business is prepared to deal with disruptions caused by storms, hurricanes, wildfires, floods and other extreme events. (construction-today.com)
  • For example, a failure to address climate change means an increase in extreme weather events (floods, storms, heat waves and droughts), challenging insurers' risk assessment models and a reliance on historic data. (dlapiper.com)
  • It is a full-blown conclusion that fishing industry is particularly vulnerable to hydrometeorological disasters, such as hurricanes and floods, because of relatively high exposure of the fishing industry, which takes place in coastal areas. (infinite-observations.com)
  • Already scientists observe that more than three-quarters of recent economic losses caused by natural hazards can be attributed to wind storms, floods, droughts and other climate related hazards, which appear to be increasing at a greater rate than geophysical disasters (i.e., earthquakes or tsunamis etc. (unu.edu)
  • Timely response on the part of the selected disaster restoration company is crucial for minimizing the damage caused by disasters. (rainbowrestores.com)
  • When the inevitable climate disasters occur, those exposures will quickly become realized losses, potentially at levels that will cause banks to collapse, and possibly ignite a credit contraction, precipitate contagion, and result in a banking crisis if not a financial crash. (commondreams.org)
  • This growing unseen and unacknowledged banking crisis is going to become visible soon as the climate-related disasters and losses pile up and insurance companies continue to go bankrupt and stop insuring homes, businesses, cars, and other bank assets in state after state,' Kelleher warned. (commondreams.org)
  • Further research is needed to understand a range of responses to natural disaster and other catastrophes as experts have concluded that many people affected by mass trauma and disasters do not have significant symptoms. (colorado.edu)
  • In many disasters, such as Hurricanes Maria in Puerto Rico or Harvey in Texas, affected communities may lose the type of information needed to file a claim, such as policy documents, land ownership records, and personal identification, among others," the draft said. (coindesk.com)
  • And back on the mainland, Houston and surrounding areas are rebuilding and dealing with the toxic aftermath of the catastrophic flooding and subsequent air pollution caused by Hurricane Harvey, one of the nation's most destructive natural disasters to date, which killed at least 82 people. (phi.org)
  • To a certain extent, disasters like firestorms and hurricanes are an unavoidable part of life on Earth-scientists do not believe they are a direct result of climate change. (phi.org)
  • The total costs of natural disasters in 2005, including the damage caused by Hurricane Katrina, have been estimated at over US$150 billion. (infinite-observations.com)
  • Due to the lack of insurance, combined with high levels of indebtedness and limited donor assistance, many highly exposed developing countries cannot raise sufficient capital to replace or repair damaged assets and restore livelihoods following major disasters. (unu.edu)
  • Exposure to conditions associated with many disasters -- such as lack of safe food and water, extreme heat or cold, stress, or exposure to infection -- can aggravate chronic conditions that are common to older adults. (cdc.gov)
  • Certain widely publicized disasters, including events such as the terrorist attacks on September 11, 2001, Hurricanes Katrina and Sandy, and the Boston Marathon bombing, have focused people's attention on disaster planning and preparedness. (medscape.com)
  • The dramatic nature of disasters, however, with a relatively high death toll and psychological impact for a short period, can overwhelm an unprepared health and emergency response system and create chaos in the affected community and surrounding regions. (medscape.com)
  • However, those geographies are prone to hailstorms, hurricanes and wildfires. (bbrown.com)
  • Just in the last month, we've seen the profound impact of hurricanes fueled by warm water temperatures and wildfires fueled by warm temperatures," Rudolph said during a press briefing last month about our increasing number of extreme heat days. (phi.org)
  • Amid increasingly frequent and severe fires, flooding, hurricanes, tornadoes, landslides, and hail storms across the U.S., 'it's no surprise that there is a great deal of attention on the burgeoning crisis among insurance companies and their insured individuals and businesses,' says the report, which was published by the financial reform advocacy group Better Markets. (commondreams.org)
  • Cyclones bring with them heavy rains, storm surges, and winds that often cut affected areas off from relief and supplies. (wikipedia.org)
  • Answering this question requires two big pieces of information: the economic consequences of such storms (typhoons, hurricanes, and tropical cyclones) and the patterns of those storms in the years ahead. (motherjones.com)
  • Hsiang and Jina looked at 6,712 cyclones, typhoons, and hurricanes observed from 1950 to 2008 and the economic fortunes of the countries they struck in the years that followed. (motherjones.com)
  • Hsiang and Jina find that such storms (which they group under the umbrella term "cyclones") can be as bad as some of the worst sorts of man-made economic challenges. (motherjones.com)
  • In the US, Hurricane Ida brought back painful memories to the people of New Orleans, a city which is still rebuilding after Hurricane Katrina caused 1800 deaths and $125 billion of damage back in 2005. (construction-today.com)
  • For example, in Bangladesh, the men-women ratio for the mortality rate as a result of cyclone-induced flooding from Cyclone Gorky was 14:1, whereas 75% of the casualties of Hurricane Katrina were over 60 years old. (deltares.nl)
  • After Hurricane Katrina, the number of reported cases of West Nile neuroinvasive disease (WNND) sharply increased in the hurricane-affected regions of Louisiana and Mississippi. (cdc.gov)
  • Hurricane Katrina devastated portions of Louisiana and Mississippi on August 29, 2005. (cdc.gov)
  • The objective of this study was to determine whether cases of WNND increased regionally after Hurricane Katrina. (cdc.gov)
  • Hurricane Katrina track and hurricane-affected Louisiana parishes and Mississippi counties. (cdc.gov)
  • We compared the number of WNND cases during the 3-week period before the storm with the number of cases in the 3-week period immediately after Hurricane Katrina to determine whether the number of WNND cases changed immediately after the storm in Louisiana and Mississippi. (cdc.gov)
  • Landfall of Hurricane Katrina occurred at the beginning of CDC week 35, and news reports estimated that the final evacuation of persons from the New Orleans area occurred the following Sunday, September 4 ( 4 ), the beginning of CDC week 36. (cdc.gov)
  • In Louisiana, no cases of WNND were reported in the 3 weeks before Hurricane Katrina (CDC weeks 32-34) in the 8-parish region affected by the storm. (cdc.gov)
  • To assess potential long-term effects of Hurricane Katrina on WNND incidence, we compared incidence rates of WNND for both states during 2006 with rates during the 4 years preceding the storm (2002-2005). (cdc.gov)
  • Debate still exists about the actual number of people who died during Hurricane Katrina and its aftermath. (medscape.com)
  • If necessary, consider adding storm shelters or hurricane (tempered) glass to mitigate future losses. (w3ins.com)
  • Just as insurance companies are acting to limit their losses, the FSOC and other banking and financial regulators must require banks and financial firms to assess their exposure to those losses and have an action plan to mitigate them before they materialize and cause banking crisis,' he added. (commondreams.org)
  • For a really bad storm (a magnitude you'd expect to see around the world only once every 10 years), the damage will be similar "to losses from a banking crisis. (motherjones.com)
  • The very worst storms-the top percentile-"have losses that are larger and endure longer than any of those previously studied shocks. (motherjones.com)
  • estimation of potential human and economic losses based on the exposure and vulnerability of people, buildings, and infrastructure. (galaxydigital.com)
  • The Disaster Deficit Index (DDI) evaluates the relationship between the economic losses that a country may suffer as a result of a catastrophic event and the resources that such country would need for emergency response and recovery. (iadb.org)
  • Gain insight in exposure, vulnerability, risks, modelling solution, losses regarding specific regions models that can be integrated to give a holistic or granular data view. (infinite-observations.com)
  • Which is something that could have been particularly useful during recent hurricane Laura, although PCS' Tom Johansmeyer noted that risk modellers estimates of offshore energy losses from Laura may be too high. (artemis.bm)
  • As we're not yet reporting elemental marine and energy, our views on offshore losses from Hurricane Laura are just based on a series of client conversations and aren't going to be included in any existing PCS loss report. (artemis.bm)
  • Even if it's not energy with Hurricane Laura, future tropical storms could cause losses to both energy and marine assets, with yachts a particular concern. (artemis.bm)
  • Implementing a disaster response plan is critical to your club's ability to respond to a severe weather event. (w3ins.com)
  • I was honored to be appointed by the Federal Communications Commission as the Vice-Chair of its Broadband Deployment Advisory Committee (BDAC) Disaster Response and Recovery Working Group (DRRWG). (wia.org)
  • The proposal by America's disaster response mitigators comes via a draft text of the National Advisory Council's (NAC) November report https://www.fema.gov/media-library-data/1572880188002-31454e3c26dff6922fde9d34cbe19e26/November_2019_NAC_Report_Draft_v5.pdf published on Monday. (coindesk.com)
  • So clearly, disaster response cannot be limited to saving human lives alone. (infinite-observations.com)
  • Governments face the dilemma of not having funds available when they need them to help their country recover from a disastrous event and instead have to divert resources that were earmarked for different uses (such as education, public health, development, etc.) to pay for costly disaster response activities. (unu.edu)
  • Participants were asked about their perceptions of how the mental health and drug abuse of persons on parole or probation were affected and the measures taken to address these concerns in disaster response. (bvsalud.org)
  • The disaster response categories call for a more adaptable approach to overseeing procedures in light of the difficulties involved and recognizing the support of the supervised population who have contributed to community initiatives. (bvsalud.org)
  • Hurricane Maria's devastation in Puerto Rico. (phi.org)
  • Chair for the very distinguished members of the Board of Scientific Counselors (BSC) for the Coordinating Office for Terrorism Preparedness and Emergency Response (COTPER). (cdc.gov)
  • The Financial Stability Oversight Council (FSOC) and banking regulators' response thus far have been grossly inadequate and inconsistent with the material climate risks bearing down on banks and the financial system,' he argued. (commondreams.org)
  • This means most banks are likely underestimating their exposure to climate-related risks. (deloitte.com)
  • This makes them especially susceptible to hurricane and flood risks. (construction-today.com)
  • Maintaining and promoting sustainability-aligned investment processes contributes to mitigating the sectors' own ESG risks as well as securing stable long-term returns, increasing attractiveness for third-party asset management businesses, supporting existing and upcoming disclosure obligations and contributing to an overall sustainable reputation. (dlapiper.com)
  • Storm-surge barriers can obstruct access to sea for fishing and, in some situations, dikes and barriers can actually exacerbate flood risks if more people start to live in areas that are thought to be safe even though those areas are still prone to extreme events. (deltares.nl)
  • Responsible organizations should develop a thorough understanding of potential risks and resources required prior to a disaster, resulting in an effective, efficient response. (galaxydigital.com)
  • Catastrophe risk management should also be expanded to protecting fisheries, fish farming and aquaculture, livelihoods, productive assets and tools. (infinite-observations.com)
  • Mindy Lubber, is president of Ceres, which is a leading U.S. coalition of investors and environmental groups, and believes that, "insurers are beginning to respond to global warming - and not just by withdrawing from coastal markets with high financial exposure. (global-greenhouse-warming.com)
  • As climate change increases the intensity and (possibly) the frequency of major coastal storms, what will be the economic consequences? (motherjones.com)
  • Spatially explicit housing plans are scored based on the extent to which they increase or decrease vulnerability of affordable housing for both current and future coastal risk associated with sea level rise and storms. (colorado.edu)
  • Learn why professional fire damage restoration is an integral part of any emergency response plan. (rainbowrestores.com)
  • Develop an emergency response plan for natural catastrophes. (bbrown.com)
  • An organization's HVA results should be communicated to emergency response agencies. (galaxydigital.com)
  • When a disaster strikes, the general population expects public service agencies, emergency response agencies, and other branches of the local, state, or federal government to rapidly mobilize to help the injured and the broader community in general. (medscape.com)
  • There are stark warnings that the world will likely warm by more than 1.5° C over the next five years, fueling a sharp increase in climate and investment migration to countries and cities where people, assets, and infrastructure are likely to be better protected from the now inevitable adverse impacts of climate change. (henleyglobal.com)
  • The storm has destroyed the island's health infrastructure, caused the longest blackout in U.S. history, and killed at least 51 people (though there is speculation that the number of deaths may actually be higher ). (phi.org)
  • In the wake of a large-scale event, public attention focuses on disaster planning and preparedness and the resources dedicated to improving response and resiliency surge. (medscape.com)
  • CONCLUSION: Findings will contribute to informing planning, preparedness, and responses that mitigate the adverse consequences this vulnerable population may experience when exposed to future disaster hazards. (bvsalud.org)
  • The report, "From Risk to Opportunity 2007: Insurer Responses to Climate Change,' commissioned by the nonprofit group Ceres, outlines more than 400 climate-related activities in the US and abroad - double the number of products and services identified in a similar report done just 14 months ago. (global-greenhouse-warming.com)
  • The physical impacts of climate-related shocks, such as hurricane damage to power grids, affect financial institutions and how they make decisions. (thereporterethiopia.com)
  • Catastrophic flooding in the Houston area after Hurricane Harvey. (phi.org)
  • Evaluate potential exposures to flying objects. (w3ins.com)
  • The BLRV should be used as a guide to 1) help determine whether medical or environmental follow-up actions should be initiated for an individual child and 2) prioritize communities with the most need for primary prevention of exposure and evaluate the effectiveness of prevention efforts. (cdc.gov)
  • Hurricane Andrew's landfall in Florida in 1992 changed the face of property catastrophe insurance and kick-started many new initiatives, including the development of hurricane risk modeling. (rms.com)
  • The wide-ranging impact of Hurricane Andrew on the Florida insurance market is a familiar story within the risk management world. (rms.com)
  • You can't prevent a severe storm from affecting your club, but you can put an effective risk management program in place to reduce the total impact. (w3ins.com)
  • To further assist investors looking to decrease their exposure to high climate risk, the countries have been separated into three resilience bands: higher resilience, medium resilience, and lower resilience. (henleyglobal.com)
  • Even a scant understanding of a supply chain's risk exposure can help companies make necessary preparations before the inevitable eventually happens. (inboundlogistics.com)
  • With fewer redundancies, exposure to risk only grew. (inboundlogistics.com)
  • What is their exposure to natural catastrophe risk? (bbrown.com)
  • There are few firms that can bring this experience under one roof - from complex claims and disputes of any risk category to cross-border M&A, data protection and outsourcing, digital, fintech or insurtech strategies, commercial contracts, employment and pensions, tax, investment or asset management, reorganizations and restructuring. (dlapiper.com)
  • By piloting a blockchain-based registry in this manner, FEMA can catalyze cross-sector engagement and develop technology-enabled use cases that can improve the speed of disaster responses and insurance claim payments, without sacrificing accuracy or increasing the risk of fraud. (coindesk.com)
  • Businesses may conduct an assessment to identify assets at risk and to determine the potential operational and financial impact resulting from a disaster. (galaxydigital.com)
  • Because West Nile virus (WNV) is now endemic in areas of the United States that are at risk for hurricanes, understanding effects of such events on WNV epidemiology is important for directing appropriate public health responses. (cdc.gov)
  • Nevertheless, the lack of concern may turn out problematic if it means that increased loss exposures are insufficiently and with considerable delay incorporated in premiums and risk management practices. (springer.com)
  • Predictive model calibration, custom development of innovative cross-asset decision tools, cost-efficient asset inventory development, facilitation and documentation of risk-based TAM strategies, and expertise integrating TAM into broader planning initiatives. (highstreetconsulting.com)
  • quote quote="Consequent to rising exposure and vulnerability to weather-related extreme events, comprehensive and holistic risk and vulnerability reduction strategies should be a core part of adaptation to extreme weather events. (unu.edu)
  • Consequent to rising exposure and vulnerability to weather-related extreme events, comprehensive and holistic risk and vulnerability reduction strategies should be a core part of adaptation to extreme weather events," says Dr. Joern Birkmann , a chief expert on the topic at the United Nations University Institute for Environment and Human Security (UNU-EHS). (unu.edu)
  • The negative impact of lead exposure on young children and those who become pregnant is well documented but is not well known by those at highest risk from this hazard. (cdc.gov)
  • Can the Florida Insurance Market Withstand a US$100 Billion Repeat of Hurricane Andrew? (rms.com)
  • For years economists have debated whether destructive storms are even bad for a country's economy. (motherjones.com)
  • Different groups in society have different levels of exposure and vulnerability to extreme events. (deltares.nl)
  • However, with significant exposure growth, the impact of social inflation, and climate change complications, the insurance market could struggle to respond to a repeat of Andrew. (rms.com)
  • The ability to access a third-party data source for offshore insured loss estimates after major natural catastrophe or weather events, as well as marine loss events as well, could provide new and interesting hedging options for those specialty insurance and reinsurance underwriters with significant exposure in storm threatened regions like the Gulf. (artemis.bm)
  • On the other side of the country, Puerto Ricans are reeling from the devastation wrought by Hurricane Maria. (phi.org)
  • the first was collected as a baseline right before the onset of the 2019 hurricane season and the second point was collected in December of 2019 at the conclusion of the 2019 hurricane season. (colorado.edu)
  • There are 240 couples with responses at both time points, 109 of which were affected by a natural disaster prior to the 2019 hurricane season. (colorado.edu)
  • Mitigate loss from claims and protect resources and assets. (w3ins.com)
  • Because of decentralization, a blockchain solution would save important information across many servers, effectively neutralizing the threat of a single point-of-failure that one flood could inflict, in terms of damage from a major storm if all the data were kept in one physical location. (coindesk.com)
  • In terms of damage and asset destruction, Cyclone Amphan, a super cyclone that struck West Bengal, Odisha and Bangladesh on 20 May 2020 is, as of that date, the worst in India in the 21st century. (wikipedia.org)
  • That tally notably does not include the Hawaiian island of Maui, where a wildfire spread by hurricane-force winds leveled Lahaina, killing at least 115 people and causing an estimated $5.52 billion in damage. (commondreams.org)
  • The Caribbean region suffered considerable damage from severe hurricanes (e.g. (global-greenhouse-warming.com)
  • However, this report did not show potential regional increases of WNND in areas that experienced substantial hurricane damage. (cdc.gov)
  • For example, in the last decade (1996-2005) the United States experienced the second most damaging hurricane season Footnote 1 of the past century in terms of damage that has been normalized for inflation and wealth. (springer.com)
  • Only the decade 1926-1935 suffered higher damage costs due to hurricanes (Pielke et al. (springer.com)
  • The American Academy of Pediatrics, in collaboration with the Centers for Disease Control and Prevention, launched the Increasing Capacity for Blood Lead Testing Extension for Community Healthcare Outcomes (ECHO) project to educate pediatricians on the importance of testing children for lead exposure and to assess practice behavior change. (cdc.gov)
  • As it turns out, it's that first bit-the economic consequences of storms-that was difficult to pin down. (motherjones.com)
  • By investing strategically in residence or citizenship by investment programs in more climate resilient locations you can futureproof your family and your assets, redefining your future and safeguarding generations to come. (henleyglobal.com)
  • The ADB's resources remain important, but its biggest asset in the future will be its knowledge. (ifre.com)
  • We must protect young children from exposure to lead to ensure that future leaders have the mental capacity to confront the challenges ahead. (cdc.gov)
  • OBJECTIVE: This study explored community supervision officers' perceptions of the individual, community, and organizational challenges confronted by program participants after Hurricane María and their recommendations for future emergency management. (bvsalud.org)
  • The IPCC also confirms that "the combined effect of increasingly severe climatic events and underlying socio-economic trends (such as population growth and unplanned urbanisation) have the potential to undermine the value of business assets, diminish investment viability and stress insurers, re-insurers, and banks to the point of impaired profitability and even insolvency. (global-greenhouse-warming.com)
  • As well, we are mindful of some of the downright unpredictable events that might derail this progress, such as an electro-magnetic pulse initiated by a high altitude nuclear detonation, or a series of severe storms such as the hurricanes we have 'enjoyed' this season. (abgwealth.com)
  • In response to market discussions and recent hurricane activity in the Gulf of Mexico, Property Claim Services (PCS), a Verisk Analytics business, is exploring adding coverage of elemental loss events to its PCS Global Marine & Energy service. (artemis.bm)
  • Many older adults can be an asset during a disaster, calling upon their prior experience, wisdom and mental resilience to survive, help others, and provide reassurance to those who are frightened or depressed by the events. (cdc.gov)
  • For this, among other reasons, medical professionals must be included in all phases of disaster planning as well as immediate response to these events. (medscape.com)
  • This can result from heavy rainfall, snowmelt, storm surge, or the failure of man-made structures such as dams or levees. (bakerinstitute.org)
  • A disaster as severe soil erosion in a river catchment area, caused by deforestation or land degradation, may generate heavy soil sedimentation and result in flooding, storm surge or tsunami. (infinite-observations.com)
  • The planned changes - CDC leaders call it a "reset"- come amid criticism of the agency's response to COVID-19, monkeypox and other public health threats. (constantcontact.com)
  • Head of PCS Johansmeyer told us, "Our initial talks with the market suggest that the offshore energy loss for Hurricane Laura seem unlikely to reach US$250 million. (artemis.bm)
  • We are taking a look at adding elemental marine and energy to the PCS Global Marine and Energy loss platform, and when we more forward with that sort of reporting, we may add an entry for Hurricane Laura to that platform. (artemis.bm)
  • Johansmeyer said, "Even though Hurricane Laura's offshore insured loss seems to be low so far, that doesn't mean re/insurers should take their collective eye off the Gulf of Mexico. (artemis.bm)
  • Projections for storm patterns as the planet's climate morphs are, as Jina put it, "a very complex area. (motherjones.com)
  • Because WNV infection has a 3-14-day incubation period ( 5 ), persons with storm-related exposures could have contracted WNV and become symptomatic as early as CDC week 35 or as late as the end of week 37. (cdc.gov)
  • We considered WNND cases in which the reported onset of symptom dated from CDC weeks 35-37 as potentially influenced by the hurricane. (cdc.gov)
  • With peak winds of 160 miles per hour (257 km/h), it was the equivalent of a Category 5 hurricane. (wikipedia.org)
  • With peak winds of 260 kilometres per hour (162 mph) to 280 kilometres per hour (174 mph), it was the equivalent of a Category 5 hurricane. (wikipedia.org)
  • This action will have a positive impact on your workers compensation exposure and ensure your trees are not top-heavy or excessively tall. (w3ins.com)
  • Insurers are also at the forefront of sustainability initiatives such as the Net-Zero Asset Owner Alliance. (dlapiper.com)
  • Insurers and pension funds globally hold assets amounting to USD60 trillion, an incredible market power that can be used to address sustainability challenges. (dlapiper.com)
  • The effects are lasting: Overall, they find that "each additional meter per second of annual nationally-averaged wind exposure lowers per capita economic output 0.37 percent 20 years later " (emphasis added). (motherjones.com)
  • Millions of people in the region were economically debilitated, losing their livelihood, assets and sources of income. (infinite-observations.com)
  • [ 4 ] There is also ongoing investigation into the possibility that the storm caused deaths during subsequent months and years due to myriad causes (eg, inadequate medical care, relocation stresses). (medscape.com)
  • A Sarasota-based nonprofit that works to find treatments for brain disorders is the first to suggest that airborne exposure to red tide could have neurological impacts. (constantcontact.com)
  • In response, Henley & Partners in partnership with Deep Knowledge Analytics has produced the Investment Migration Climate Resilience Index. (henleyglobal.com)
  • One of the major highlights of the recent COP26 climate change conference in Glasgow was the pledge by the Net-Zero Banking Alliance, comprising nearly a hundred banks and representing roughly 40% of global banking assets, to transition greenhouse gas (GHG) emissions "from their lending and investment portfolios to align with pathways to net-zero by 2050 or sooner. (deloitte.com)
  • Corporate issuers in the scope of the EU Non-financial Reporting Directive (NFRD) will be reporting on Taxonomy alignment of their revenues, capex and opex in 2023 for the first time, and financial institutions will be reporting on green asset and investment ratios in 2024. (natwest.com)
  • Because the hurricane-affected region experienced extensive migration of its residents and no valid population estimates exist for this period, the number of WNND cases reported was used. (cdc.gov)
  • The recent hurricanes and California's tragic fires are another demonstration of the fact that climate change is already threatening our health and safety," says Linda Rudolph, MD, MPH, director of the Public Health Institute's Center for Climate Change and Health in Oakland, CA. "And these incidents are only going to get worse if we don't act now. (phi.org)