North Dakota Insurance

When researchers Karen Clark developed the first model based on the likelihood of measuring the threat posed by natural disasters in the USA during the year 1987, almost nobody cared for him.

Clark, then 30, began his own company in Boston and employs tens of thousands of data points - Hurricane wind speeds on the lengths of lines of fracture - support for insurance companies to evaluate how many times the strike could be a disaster and how could it very difficult to do.

Then in 1992, Hurricane Andrew Struck, limited the damage havoc more than anyone else - with the exception of Clark and his small team AIR World Wide Corp. - had ever imagined. As the past super rose from $ 15 billion, Air mobile phones began to ring.

Today, probabilistic modeling technology is so well accepted that after the attacks of September 11, 2001, Air customers immediately requested a new model, the risks of terrorism.

The model completion in 2002, assesses the probability and costs in lives and dollars, of different types of attacks across the country. It is not perfect, but it is clever.

“The threat of terrorism is everywhere,” said Clark. “The question is, as many risks?” This assurance was quickly accepted modeling as a basis to find out how much coverage of terrorism.

International terrorism, as most experts say, it is not so unpredictable as they touch. Model terrorists. And while we can not read the minds of fanatics, we can a good idea of what kinds of damage they could do, to a specific location.

We can provide an estimate of the cost of an attack on a port of Los Angeles in relation to an attack on a port of Prince William Sound. We calculate, Nuclear Blast where a force to kill 500000 people, contrary to 50000 These are the logical estimates that insurers and investment banks are trying, as they try to quantify the risk they face.

But for all this strategic thinking is going on in the private sector, the government responded to terrorism in less than a rational manner.

Since the attacks of 11 September, approximately $ 13.1 billion, have increased in public coffers by the federal government - need money for police, firefighters and rescue services for the financing of equipment and training in prevention and response to terrorist attacks.

It is a 990% higher than the 1.2 billion dollars spent by the federal government for similar programs in the three previous years. But the overwhelming majority of 13.1 billion dollars was distributed without taking into account threats, vulnerabilities and potential consequences, which each region.

Among the top 10 countries and districts receive more money per capita over the last year, only the District of Columbia also appeared on the list of the Top 10 of the most vulnerable, as calculated in the air for TIME. In fact, funding appears to be almost inversely proportional to risk.

If all countries federal security grants last year, are added together, Wyoming received $ 61 a person, while California has received only $ 14, according to data collected at the request of Time’s Public Policy Institute of California , An independent, non-profit research organization. Alaska won an impressive $ 58 a residence, while New York has received less than $ 25. And will the inflationary risks of math-down of the new homeland security funding.