Disasters Biggest Costs
Disasters Biggest Costs
Disasters force 30 million people a year from their homes world wide. The human impact is spread across our television and social media every day. These impacts extend though past the human to the businesses and community. Below we share parts of a Huffington Post article on Disaster impact in 2012.
As we read it we saw a different side – 776,000 employees could not easily return to work after Hurricane Sandy. “2012 also saw an increase in environmental refugees in wealthy countries, particularly in the United States” Business owners, however, had their claims closed without pay at a higher rate than residential claims. About 35 percent of the more than 34,000 commercial property claims closed since the storm did not result in a payment, as were 37 percent of the roughly 12,600 business interruption claims, the state data show. More …
The U.S. experienced one of the worst instances of disaster-induced displacement in 2012 after Hurricane Sandy forced 776,000 people out of their homes. As the reports states, however, rich countries are much better equipped to recover from such events, thus limiting the effects on local populations.

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