Weather the Storm with a Disaster Recovery & Business Continuity Plan

Natural disasters in the U.S. are increasing—and getting more expensive. In 2018, the country suffered 14 weather and climate disaster events with losses exceeding $1 billion each. Hurricane Florence, Hurricane Michael, and the California wildfires are estimated to have caused over S24 billion in damage—each. Globally, while total losses from natural and man-made disasters were down compared to 2017, 2018 was the fourth most expensive year on record for insurance companies, which paid out S79 billion, higher than the annual average over the past decade.