Hurricane season is a reminder of the lessons insurers have learned from major events such as Hurricanes Katrina and Ike and Superstorm Sandy.
Each year, the insurance industry invests significant time and resources to prepare risk models and provide insureds with the most sophisticated crisis response plans based on those lessons — but are they doing enough?
The National Wildlife Federation and Allied World Assurance Co. Holdings teamed to find the best examples of natural or nature-based features being used to protect communities against flooding and other natural disasters. In a report titled "Natural Defenses in Action," a dozen examples from across the United States are highlighted.
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