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Emergency center upgrade funded

December 28, 2012

One year after a wind storm and resulting power outages demonstrated the need for an improved emergency operations center in Washington County, a new one is expected to be open....

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raypalermo

Jan-04-13 1:43 PM

After a storm, the power grid and building construction are on everyone’s mind. But the number and severity of “wind events” nationally should prompt a reexamination in every community.

Verisk Analytics conducted an analysis comparing our storm computer models to millions of commercial buildings we survey. Our analysis shows roughly 38% of the total U.S. insured property value is in coastal counties. In NY, 62% of insured value is along the coast. In FL, that number skyrockets to almost 80% — but it is by no means exclusively a coastal phenomenon. 18 of the top 20 catastrophic events in the U.S. involved wind. The remaining 2 that did not involve a wind peril were the Northridge earthquake and the attacks of 9/11. Compounding the problem is the storm trend. Of those 18 wind events, 15 occurred since 2000.

While fire continues to be the most common cause of property loss, it is evident that property owners, the construction industry, and municipalities responsible for local buil

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raypalermo

Jan-04-13 1:49 PM

After a storm, the power grid and building construction are on everyone’s mind. But the number and severity of “wind events” nationally should prompt a reexamination in every community. Verisk Analytics conducted an analysis comparing our storm computer models to millions of commercial buildings we survey. Our analysis shows roughly 38% of US insured property value is in coastal counties. In NY, 62% is along the coast. In FL, it’s almost 80%. But it is by no means exclusively a coastal phenomenon. 18 of the top 20 catastrophic events in the U.S. involved wind. The remaining 2 that did not involve wind were the Northridge earthquake and the attacks of 9/11. Compounding the problem is the storm trend. Of those 18 wind events, 15 occurred since 2000. While fire continues to be the most common cause of property loss, everyone needs to be more proactive in addressing the threat of wind and storm events. Mory Katz Vice President, Verisk Insurance Solutions Commercial Property

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