Climate risks and extreme weather events will continue to affect how we live and how we do business. Extreme weather includes heat waves, unexpectedly heavy or long periods of rainfall, droughts, snowstorms, hailstorms, hurricanes and tornadoes. Depending on the severity of the event, you could have significant property damage or fleet and auto damage. Extreme weather can also cause flooding, which will require water damage mitigation.
Supply chain disruption
Extreme weather is expected to take its toll on communities and businesses across the country. For industries such as manufacturing, healthcare and construction, where equipment is involved, extreme weather events could cause equipment breakdown, leading to lost production and income, or business or supply chain disruption.
For businesses large and small, loss of income due to business interruption from extreme weather has been increasing as climate volatility increases. Whether your operations are slowed, your doors are closed, or your transportation comes to halt, severe weather events can cause devastating outcomes to lost production and lost income.
From snow storms to windstorms, from flooding to building structure damage, employers need to have an emergency preparedness and action plans in place to protect employees from injuries. Possible slip, trip and fall, workers’ compensation, accident and health or general liability claims have to be considered.