Local Mitigation Strategy. NYC's Risk Landscape: A Guide to Hazard Mitigation. Description: In general, mitigation means to minimize degree of any loss or harm.In insurance contracts, various clauses and conditions are specified so as to ensure minimum losses to the insurer. The definition of Contingent is followed by practically usable example sentences which allow you to construct your own sentences based on it. A mitigation plan determination is based upon the review of each of the following plan criteria as required in 44 CFR Part 201. In order for mitigation to be effective we need to take action now - before the next disaster - to reduce human and financial consequences later (analyzing risk, reducing risk, and insuring against risk). So, what does the mitigation plan mean? Throughout July 2020, we gathered ideas from states, local governments, and the public. Definition: Mitigation means reducing risk of loss from the occurrence of any undesirable event.This is an important element for any insurance business so as to avoid unnecessary losses. The Mitigation Planning Program is updating the state and local mitigation planning policies, also known as the Plan Review Guides, to reflect recent legislative changes and policy updates. The NYC's Risk Landscape: A Guide to Hazard Mitigation is based on the 2019 Hazard Mitigation Plan website and focuses on the hazards that pose a risk to New York City and includes information on how the City approaches risk management in a user-friendly and accessible format. Mitigate definition, to lessen in force or intensity, as wrath, grief, harshness, or pain; moderate. See more. Taṇittal mitigation, severance, rebatement Find more words! Synonyms for mitigation in Free Thesaurus. In accordance with Disaster Management Act of 2000 (DMA2K) mitigation requirements, All Hands assists local governments in the development of a Local Mitigation Strategy (LMS). About Disaster Mitigation Disaster mitigation measures are those that eliminate or reduce the impacts and risks of hazards through proactive measures taken before an emergency or disaster occurs. Related Reads. The page not only provides Urdu meaning of Contingent but also gives extensive definition in English language. Follow our 10-point, step-by-step guide for creating an efficient and effective risk mitigation plan. Mitigation is the effort to reduce loss of life and property by lessening the impact of disasters. One of the best known examples of investment in disaster mitigation is the Red River Floodway. Download our risk mitgiation checklist. Antonyms for mitigation. Posted By: Abhinav Gupta. The goal of Risk Mitigation is to bring down the risk exposure within the acceptable threshold limits. 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