12th Leadership Forum a Success!

Improving Natural Catastrophe Resiliency:
Insurance vs Intervention

Approximately 100 industry experts, policymakers and senior leaders from the insurance and reinsurance industries gathered at Lloyd's of London on November 29 for a timely discussion on natural catastrophe resiliency. As the full impact of the devastating 2017 hurricane season has become clear, the role of governments in the provision of insurance pools and regulation more generally has re-emerged as a critical topic for the industry to consider, as has the role insurance providers play in improving natural catastrophe resiliency, both as it relates to the impact of risk-based insurance rates on consumer decisions and the ways in which mitigation saves lives and helps communities confront natural disasters.  Click here to learn more about this forum.

Leadership Forum Speakers, pictured left to right, are John M. Huff, Former Director of the Missouri Department of Insurance, Financial Institutions and Professional Registration and Immediate Past President of the National Association of Insurance Commissioners (NAIC); Kevin O'Donnell, President and CEO, RenaissanceRe; Aidan Kerr, Director of Operations, Flood Re and Stephen Weinstein, Chairman, RenaissanceRe Risk Sciences Foundation.

The National Institute of Building Sciences Issues a New Report on the Value of Mitigation

Mitigation funding can save the nation $6 in future disaster costs, for every $1 spent on hazard mitigation.
Click [here] to read the report!

"It's time to invest in our nation's coastal infrastructure", by Steve Cochran, Opinion Contributor, The Hill – January 12, 2018
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"Disaster Mitigation Targeted by Trump Saves $6 for Every $1 Spent, Report Says", by Christopher Flavelle, Bloomberg – January 11, 2018
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"Americans need better disaster relief and insurance programs", by Carolyn Kousky, Opinion Contributor, The Hill – January 11, 2018
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"New York City is suing 5 of the most powerful fossil fuel companies over climate change", by Natasha Geiling, Think Progress – January 10, 2018
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"Coastal Sea Rise Threatening Florida's Historic Resources", by Dinah Voyles Pulver and Dale White, Insurance Journal – January 9, 2018
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"FEMA Expands Flood Reinsurance Program with Private Reinsurers for 2018", by Andrew G. Simpson, Insurance Journal – January 8, 2018
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"Hurricanes, wildfires made 2017 the most costly U.S. disaster year on record", by Chris Mooney and Brady Dennis, Washington Post – January 8, 2018
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"'Kicking the can' approach to NFIP reform is 'not viable'", by Bethan Moorcraft, Insurance Business Magazine – January 8, 2018
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"After record disasters, Congress must act to protect Americans", by Josh Saks, Opinion Contributor, The Hill – January 8, 2018
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"Disaster aid becomes hostage to funding fight", by Melanie Zanona and Jordan Carney, The Hill – January 7, 2018
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"In New York, Drawing Flood Maps Is a 'Game of Inches'", by David W. Chen, New York Times – January 7, 2018
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"Megadisasters devastated America this year. They're going to get worse.", by Umair Irfan and Brian Resnick, Vox – January 8, 2018
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"Yes, it's freezing. But climate change is still real.", by Carolyn Beeler, PRI's The World, USA Today – January 2, 2017
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"Remembering Harvey: Dams and flood plains", Editorial, Houston Chronicle – January 1, 2018
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"How We Know It Was Climate Change", Opinion Editorial by Noah S. Diffenbaugh, The New York Times – December 29, 2017
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"Sea level rise: Take a measured, not manic, approach", Opinion Editorial by Alec Bogdanoff, Sun Sentinel – December 29, 2017
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"United Nations Assessing Disaster Recovery in Puerto Rico", by Danica Coto, Insurance Journal – December 14, 2017
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"New flood risk identified by FIU researcher", by Evelyn S. Gonzalez, PHYS.org – December 14, 2017
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"Building hurricane-proof roofs", by PHYS.org – December 14, 2017
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"Greenland's ice sheet is driving global sea level rise. One section is melting 80% faster.", by Umair Irfan, Vox – December 14, 2017
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"Global warming made Hurricane Harvey deadly rains three times more likely, research reveals", by Damian Carrington, The Guardian – December 13, 2017
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" Scientists Link Hurricane Harvey's Record Rainfall to Climate Change", Henry Fountain, New York Times – December 13, 2017
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"When Climate Change Becomes a Credit Problem", Opinion Editorial by Jeff Nesbit, Climate Nexus, New York Times – December 13, 2017
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"With California Wildfires, Insurers' Losses Keep Spiraling Higher", by Nicole Friedman, Wall Street Journal – December 12, 2017
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"The Jones Act Costs All Americans Too Much", by The Editors, Bloomberg – December 12, 2017
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"Congress must provide flexible funding for owners of repeatedly flooded properties", Opinion Editorial by Joseph Riley, former Mayor, Charlestown, SC, The Hill –December 12, 2017
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"Special Reuters Report: The High Cost of Building in High Flood Risk Areas", by Benjamin Lesser and Ryan McNeill, Insurance Journal - December 12, 2017
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"Reinsurers expected to sign on to NFIP pact despite 2017 claim", by Gloria Gonzalez, Business Insurance – December 12, 2017
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"Economist: Hurricane Harvey's Impact Will Guide Future Development in Houston", by Juan A. Lozano, Insurance Journal – December 11, 2017
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"NFIP reauthorization takes 'common sense approach' but more can be done", by Bethan Moorcraft, Insurance Business – December 11, 2017
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" Guest column: Don't blame homebuilders for flooding woes", by Granger MacDonald, Chairman, National Association of Home Builders, Houston Chronicle – December 11, 2017
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"To Test for Climate Disasters: Break, Burn and Throw Stuff", Hiroko Tabuchi, New York Times – December 11, 2017
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"Some in Congress Question Trump Flood Insurance, Disaster Aid Reforms", by Christopher Flavelle, Insurance Journal – December 4, 2017
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"Builders Said Their Homes Were Out of a Flood Zone. Then Harvey Came.", by John Schwartz, James Glanz and Andrew W. Lehren, The New York Times - Dec. 2, 2017
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"A New Study Says That Rising Seas Could Destroy the East Coast", by Oliver Milman, Mother Jones – December 2, 2017
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"How the Internet of Things Can Prepare Cities for Natural Disasters", by Kris Tremaine and Kyle Tuberson, Harvard Business Review – December 1, 2017
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"Building smarter after a disaster", Opinion Editorial by U.S. Representative Louis Barletta (R-PA-11), The Hill – November 30, 2017
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"Buried in marshes': sea-level rise could destroy historic sites on US east coast", by Oliver Milman, The Guardian – November 29, 2017
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"Moody's Warns Cities to Address Climate Risks or Face Downgrades", by Christopher Flavelle, Bloomberg – November 29, 2017
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