Tallying Up The High Costs of Extreme Weather (On Point)

With the epic amounts of snow falling in Boston this winter (6 feet-plus in a month), city infrastructure problems have surfaced and are costly to fix. Whether it’s a blizzard, drought, hurricane, or flood, extreme weather can paralyze a city and become a burden on the economy. And with climate change in effect, we can expect more extreme weather more frequently.

In this segment of NPR’s On Point with Tom Ashcroft, our Advisory Board Member and president of the Reinsurance Association of America, Frank Nutter, is among the panel of guests talking about extreme weather and its mounting consequences for the economic bottom line.