Friday, July 15, 2011

2011 Year for the Record Books

2011 is already the costliest year on record for property damage according to a report by a leading insurer.  What that means in short is more expensive insurance rates.

January 2011            Australia’s flooding                     $7.3 billion

February 2011          New Zealand's earthquake        $20 billion

March 2011               Japan earthquake and tsunami
at present in 2011 this was the most costly and had the most loss of life

Spring 2011              US Twister Outbreak
$23.5 billion and claimed nearly 600 lives this year

2011 will go down as "the year of the tornado" quote from Carl Hedde a risk analyst
 
Possible climate connection … extreme weather…Global warming
Natural events like La Nina and El Nino and global warming  could be factors

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