Analysts estimate the category 3 storm has already racked up a preliminary cost of $9.36bn, straining the insurance industry
“It starts with the same key themes we hear with climate, it’s resilience and sustainability. If we want to aspire to a sustainable future we’re going to have to start spending more time thinking about becoming more resilient.”spending millions of dollars to raise roadways
and improve drainage to resist rising seas. Building code improvements in Florida and elsewhere means that new homes are more resilient to extreme weather events. But it all comes at a cost. “Evidence shows that climate change is impacting hurricane activity in the north Atlantic with a higher proportion of stronger, wetter hurricanes that have the potential to travel further inland before dissipating,” CoreLogic’s hurricane risk report says.
“The combined effects of these factors could significantly impact US properties in future years, including structures once considered out of reach of hurricane wind and flooding. “Recent seasons have demonstrated that hurricane risk can, and likely will continue to, extend further inland, posing threats to millions more homes.
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