January 25th, 2022
A recent report published by NOAA indicated that the US experienced 20 separate billion-dollar weather and climate disasters in 2021. This ranked in second place for the number of disasters in a calendar year and third in terms of overall cost ($145 billion). Based upon damage figures over the last five years, this is becoming the new normal.
The significant weather events of 2021 included flooding, wildfires, cold waves, hurricanes, tornadoes and hail storms. While these extreme events can not be prevented, both human element and cost-effective physical solutions can be implemented to lessen property damage and business interruption.
Pre-incident and emergency response planning is a critical first step in ensuring that these sometimes unexpected or emergency situations are well managed. Applicable public service agencies should be included in the development of plans based upon the natural hazards exposing a particular facility.
Property loss history has conclusively shown that pre-incident planning and subsequent actions can significantly lower the business impact of a weather and climate event. Risk Logic has experienced property loss prevention engineers who can perform natural peril analysis and provide cost-effective solutions to help limit damage from an extreme event.