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April showers bring risk management opportunities

April 16, 2014 | Land Trust Alliance | Washington, D.C.

As the long winter season comes to an end, it’s time to consider risk management strategies for spring. National weather observers predict an active storm season this year.  Extreme weather, such as thunderstorms, tornadoes, mudslides, wind storms, grass fires, droughts and floods are all likely in the coming months.

See this checklist to determine if you have the right insurance coverage for storm season »

Around the country, experts are reviewing conditions and outlining steps to take to prepare. Noting record snowfalls in the northern United States, Zurich Insurance is urging people to be prepared for an increased likelihood of spring floods as snow begins to thaw. The Mississippi Insurance Department is watching rising flood waters closely. In a recent news release, the Mississippi Commissioner of Insurance urged residents and business owners to do all they could in advance. The Tennessee State Fire Marshall is warning of the risk of wildfires in remote locations. Chubb Insurance has released a report on wildfires showing trends from 2013 and offering tips on how to prepare.

For fee land preserves, this may add new hazards for stewardship. For easement land, this may present special challenges for landowners, which may change how they use their land. In both cases, it helps to plan in advance for dangerous stewardship tasks and hazardous conditions.

For assistance in the risk management planning process, consult the new Guide to Risk Management for Land Trusts. Remember the FREE resources available to you on the Nonprofit Risk Management website for affiliate members. See directions »

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