severe weather conditions

A Smart and Steady Approach to Natural Disaster Insurance

According to the National Oceanic and Atmospheric Administration (NOAA), 2017 was the most expensive year on record for natural disasters. NOAA reported that hurricanes, wildfires and other natural events resulted in an unprecedented $306 billion in damages. As a result, globally, insurers paid a record $135 billion. Despite the staggering dollar amount, the insurance industry…