Ceres (November 1)
2012/ 11/ 02 by jd in Global News
Losses from Hurricane Sandy may run as high as $50 billion. Ceres has urged “insurance companies to reckon with the economic implications of increasingly unpredictable and extreme weather induced by climate change.” They should take the lead in pushing “for climate-friendly legislation and measures to improve resilience, such as building communities in safer areas and moving electrical equipment in buildings from basements to higher floors.”
Tags: Climate-friendly legislation, Extreme weather, Insurance companies, Losses, Sandy