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by counters
360 days ago
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> Hurricane risk has been grossly exaggerated for years Year-over-year, economic impacts and disruptions due to tropical cyclones are dramatically rising. Most of this is an exposure issue. But long-tail events - like Andrew's utter devastation of Homestead in 1992 or Katrina's unique confluence of storm surge in urban/suburban parishes in LA - can and do happen. One day, there will be another Galveston or Homestead. |
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Since Katrina, the next 10 costliest hurricanes are all after.
We don't dwell on the Ikes, Idas, and Helenes because they often happen to smaller communities and they've become common enough that we've gotten a little fatigued.