Dollar sign sinking into polluted water Climate change may present economic opportunities for insurers. (Photo: Lightspring/Shutterstock)

May is Hurricane Preparedness Month, reminding us to be sure we're mitigating risks as the start of the Atlantic hurricane season approaches on June 1. In the 2020 season, in addition to dealing with the COVID-19 pandemic, insurers and policyholders should consider the effects of climate change on potential losses from storms that have increased in frequency and severity in recent years.

Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader

Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
  • Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Rosalie Donlon

Rosalie Donlon is the editor in chief of ALM's insurance and tax publications, including NU Property & Casualty magazine and NU PropertyCasualty360.com. You can contact her at [email protected].