Insurers Urged To Mitigate

Monday, June 14th, 1999 Catastrophe Property

With natural disasters becoming costlier and apparently more frequent, the insurance industry needs to take a more active role in facilitating mitigation measures, one leading sociologist contends. In his new book, "Disasters By Design," Dennis Mileti, a sociologist at the University of Colorado in Boulder, suggested that insurers require property owners to retrofit their properties to an acceptable standard before making insurance available to potential policyholders.

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http://www.nationalunderwriter.com/archives/Pc_archive/1999/P06-14/24hurr-side.asp

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