Insurance and Mitigation Planning Essay Example

on the advancement of vulnerability through technology (Berke, & Smith, 2009). These new technologies can be utilized for both risk management and risk reduction. As a result of this initiative by insurance companies, public awareness regarding risk-prone areas has increased, preventing potential financial burdens on governments. Educating communities to avoid such high-risk zones has contributed to this outcome (Berke, & Smith, 2009). Furthermore, insurance companies have cooperated with national construction agencies to ensure that building codes, material testing, and specifications comply with engineering and architectural designs. Adhering to these rules and guidelines has facilitated the construction of resilient structures like bridges and houses, capable of withstanding natural catastrophes (Berke, & Smith, 2009).

Hazard mapping is another program that the insurance industry has implemented as a way to reduce risk (Kunreuther, 2006). This program focuses on developing measures that require insurers to assess their level of commitment to mitigating catastrophe perils. As a result of these efforts, vulnerabilities have been reduced and disaster planning has improved through better management of land use and the implementation of legal restrictions (Berke & Smith, 2009). Additionally, insurance companies have promoted the use of protective devices to minimize the dangers faced by individuals in high-risk areas.

Moreover, communities are encouraged to use weather radios to stay informed about natural hazards and weather changes, which pose significant risks to lives and property (Deyle, Chapin & Baker, 2008). In conclusion, I disagree with insurance companies refusing to write policies in high-risk areas. By implementing proper risk mitigation measures, these regions can be transformed into habitable places. With technological advancements, the community can receive timely updates on approaching risks such as storms, typhoons, hurricanes, tornadoes,

and tsunamis, enabling them to make adequate preparations (Kunreuther, 2006).

In the event of earthquakes, it is crucial to follow building codes and conduct material testing to ensure they meet the necessary specifications (Berke, & Smith, 2009).

References

• Berke, P., & Smith, G. (2009). Hazard mitigation, planning, and disaster resiliency: Challenges and strategic choices for the 21st century. Building Safer Communities. Risk Governance, Spatial Planning and Responses to Natural Hazards, 1, 18.
• Deyle, R. E., Chapin, T. S., & Baker, E. J. (2008).

The text includes two sources with their respective citations in . The first source is titled "The proof of the planning is in the platting: An evaluation of Florida's hurricane exposure mitigation planning mandate." It is from the Journal of the American Planning Association, volume 74(3), pages 349-370.

The second source is titled "Disaster mitigation and insurance: Learning from Katrina." It is from The Annals of the American Academy of Political and Social Science, volume 604(1), pages 208-227.