Disaster mitigation efforts prove wise
For every dollar
Most funding for disaster mitigation comes from federal grant dollars, typically with some matching money from states and local communities. Disaster mitigation grants can fund a wide range of projects. In
Such efforts included elevating or acquiring flood-prone buildings, retrofitting infrastructure, adding shutters and safe rooms, or reinforcing roofs and garage doors in residential, commercial, and public buildings.
Most disaster mitigation dollars are made available to communities after disasters. A previous report from
Disaster mitigation saves lives, reduces injury and prevents property loss. Mitigation efforts can not only reduce the damage from natural disasters but can make recovery less time-consuming and costly. The costs of disasters come in the form of property damage, injury, business interruptions and insurance administrative fees.
Governments can save significant dollars otherwise spent on recovery efforts by investing in infrastructure.
Their efforts couldn’t come at a better time.
With experts predicting more severe storms on the way, it’s a good time to invest more in disaster mitigation.


Two brothers stole millions in an insurance fraud scheme. Now both are going to jail.
Medicare shift trimmed enrollment for big Minnesota insurers
Advisor News
- Flourish brings private-bank-like cash solution to MassMutual’s network
- Majority of Americans concerned recent market highs are unsustainable
- GLP-1 users choose between medication and retirement saving
- Gen X and millennials seek new retirement model
- Are families ready for the costs of aging at home?
More Advisor NewsAnnuity News
- Corebridge Financial Introduces Progressive Trigger, a First-of-Its-Kind Index Annuity Strategy Designed to Turn Missed Years into Future Opportunity
- Insurer proposes $1.1M deal to resolve CA teachers’ annuity fee lawsuit
- IMOs get frustrated with slow carrier adoption of faster technology
- New class-action lawsuit targets Delaware Life over annuity disclosures
- A client remarried: Does their annuity still fit?
More Annuity NewsHealth/Employee Benefits News
Life Insurance News