2011 is in our rearview mirror, but that huge sound of relief coming from the insurance industry has been heard before. Losses caused by natural disasters in the U.S. reached more than $55 billion at year’s end, and they have tallied an estimated $750 billion since 1980.

It’s no secret that much of those losses did not have to occur. The lack of strong building codes or strong enforcement contributes to needless deaths and unnecessary destruction of property.

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