Insurers Worry 2012 Will Top 2011 for Record Weather Disasters

December 28, 2011

  • December 28, 2011 at 4:18 pm
    Amazed says:
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    Here comes Al Gore again. We certainly can’t blame America if we have climate change. We have no industry to give off C02. Blame China, India, Russia for all the pollution. They have the industry and don’t mind having the dirty air.

    • January 1, 2012 at 11:42 pm
      Colorado Bob says:
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      BANGKOK—Businesses disrupted by long-term flooding in Thailand ramped up efforts to restart production as the year began amid sharply contracted insurance capacity, higher pricing and tighter terms for the coverage that is available.

  • December 30, 2011 at 10:47 am
    buck davis says:
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    The problem is the dead are not paying their taxes.

  • December 30, 2011 at 1:20 pm
    bob says:
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    the most amazing and remarkable thing is that we have been building structures to live and work in for about 5,000 years and we haven’t learned very much in that time. we continue to build inadequate strucutes and put them in very high risk places. how come we can put men on the moon but we can’t learn how to build a house that won’t blow down or remember to not build in a flood plain?

  • December 30, 2011 at 5:23 pm
    Ryan says:
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    Are these the same people that say that every hurricane season will be “Above Normal”?

  • January 1, 2012 at 11:47 pm
    Colorado Bob says:
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    Top ten global weather events of 2011

    By Dr. Jeff Masters
    Published: 7:00 PM GMT on December 30, 2011
    A remarkable blitz of extreme weather events during 2011 caused a total of 32 weather disasters costing at least $1 billion worldwide. Five nations experienced their most expensive weather-related natural disasters on record during 2011–Thailand, Australia, Colombia, Sri Lanka, and Cambodia. According to insurance broker AON Benfield’s November Catastrophe Report, the U.S. was hit by no less than seventeen punishing multi-billion dollar extreme weather disasters in 2011; NOAA’s National Climatic Data Center official total is lower–twelve–but is likely to grow in number as additional damage statistics are tallied. Brazil experienced its deadliest weather-related natural disaster–a flash flood that killed 902 people in January, and the Philippines had its second deadliest flood ever, when Tropical Storm Washi killed over 1200 people in December.



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