Not exact matches
Higher
costs from the lawsuits this year would be reflected in rates for reinsurance — which is insurance that insurance companies must buy to ensure they can pay claims
after a
catastrophe — by June 1 of next year, he said.
After a major
catastrophe such as a hurricane or tornado, construction
costs may rise suddenly because the price of building materials and construction workers increase due to the widespread demand.
I wrote about «The Varied
Costs of
Catastrophe»
after Japan's devastating earthquake and tsunami, comparing the human and financial losses to those from the 2004 Indian Ocean tsunami.
It also makes economic sense: All those reservoirs filling up with coal ash day
after day are just problems waiting to happen, and if we're just waiting for
catastrophes to happen before we do something, the true
cost of burning coal isn't being internalized properly; local citizens and people downstream of those rivers end up paying for it with their health and by losing their local environment (what if your family house was buried in potentially toxic sludge?).
After a major
catastrophe such as a hurricane or tornado, construction
costs may rise suddenly because the price of building materials and construction workers increase due to the widespread demand.
After that PR
catastrophe, Juicero said it hoped to eventually cut the
cost of its machine to around $ 200.