Unfortunately, no one knows where — or when — the next major hurricane will hit. (Photo: Ryan/Adobe Stock) Unfortunately, no one knows where — or when — the next major hurricane will hit. (Photo: Ryan/Adobe Stock)

Rising ocean temperatures have made hurricane season more intense, causing storms to grow increasingly devastating. Nine out of the ten costliest hurricanes to hit the U.S. occurred in the past 20 years. In 2022 alone, hurricanes and floods caused $120 billion in insurance losses, a stern reminder of the need for risk mitigation.

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.