resilience reporter

resilience starts with information

Why flood insurance claims were so low after Hurricane Maria

Why flood insurance claims were so low after Hurricane Maria

As of Oct. 25, FEMA had paid $2.8 billion in federal assistance under the National Flood Insurance Program to people affected by Hurricane Harvey and $179 million to those in the path of Hurricane Irma — but just $121,000 to people in the areas devastated by Maria, per early estimates FEMA provided to Axios. That’s because FEMA received 180 times as many claims from Harvey victims as Maria victims.

The big picture: Flood insurance is not available to much of Puerto Rico. Buying flood insurance under the federal program requires municipalities and counties to maintain reasonable flood standards, which may pose too high a cost for most counties on the island, according to R.J. Lehmann, an expert on insurance and financial service policy at the R Street Institute, a free market think tank. “It really comes down to this: Puerto Rico doesn’t buy flood insurance because Puerto Rico is very poor,” Lehmann said.

The numbers 246 words

By the numbers: In Puerto Rico, 5,267 properties are covered by the National Flood Insurance Program, compared to 1,725,394 properties in Florida, per FEMA data shared with…

 

The oceans are coming for the world’s cities — and we aren’t ready, according to a new book

cliamte central

By the end of the century, experts predict that we could see between two and eight feet of sea level rise.

Some cities, like Miami and New York, are already dealing with flooding at high tides and many cities are experiencing worse storm surges.

Cities are doing a lot to try to prepare, but a new book on sea level rise makes the argument that the seas will still transform our cities.

We build cities on the water.

Miami, New York, Tokyo, Mumbai, Lagos, Los Angeles — look anywhere in the world and humanity has decided that the places we want to congregate look out to sea. Close to 40% of the US population lives in coastal counties. Many of the most expensive and desirable locations in coastal cities are the ones with the best access to the ocean….

 

 

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This entry was posted on 04/11/2017 by in Uncategorized.

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