A new report by Swiss Re highlights the economic and insured loss that occurred in 2013 due to natural and man-made disasters, which cost the insurance industry billions.
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Fall doesn’t end threat of hurricanes, tropical storms
With the arrival of fall, many residents in coastal areas may not be thinking of hurricanes or tropical storms.
However, industry data source the Insurance Information Institute recently reminded consumers that the hurricane season lasts until November 30. The organization says there are a number of steps homeowners can take to make sure they are prepared.
Read MoreChronic disease could harm disaster readiness
People with incurable diseases like diabetes and those who suffer from other types of disability are less likely than their healthier peers to be adequately prepared in case of a hurricane, tornado or other natural disaster, according to research set for publication in next month’s American Journal of Preventive Medicine.
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