Article Details:
Employer Obligations in Disaster Response
Every region around the world is at risk of experiencing extreme weather events, whether it is tornadoes, wildfires, winter storms, hurricanes, tropical storms, floods, earthquakes or volcanoes. Aon estimated that natural disasters caused $313 billion in global economic losses in 2022. In the United States alone, there were 18 major natural disaster events that resulted in at least $1 billion in damages last year, according to the NOAA National Centers for Environmental Information. In addition, data from the U.S. Census Bureau indicates that natural disasters forced an estimated 3.4 million people in the United States to leave their homes in 2022. While almost 40% were able to return in less than a week, nearly 16% never have.
Original Source:Risk Management Magazine
Original Publication Date:2023/04/03
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