Insurance and Climate Change column

IBHS Chief Continues to Ask Congress to Embrace Tax Credits for Climate Resilience

By | October 24, 2019

  • October 25, 2019 at 1:11 pm
    Craig Cornell says:
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    Oh MY GOD! CLIMATE CHANGE!

    5 Years in a ROW! Now, that’s Settled Science folks. Newsflash for the science-impaired (nearly every Climate Zealot). One big reason disasters are more expensive is because people keep moving into more hazardous areas like brush zones in California. Also, real estate inflation has made today’s replacement costs higher than ever. Duh. Another reason is that we didn’t have many highly expensive disasters prior to 5 years ago, making it easier to go “5 years in a row”!!!!!

    But if we used the last 25 years, that wouldn’t allow us to make scary connections to Climate Change then, would it? And 25 years is more statistically relevant that 5 years. So let’s just go with 5 years.

    The end of the article:

    “FEMA’s role in helping the country prepare for climate change can’t be understated,” Rachel Cleetus, the policy director for the climate and energy program at UCS, said in a statement. “It plays a critical role assisting communities as they rebuild from natural disasters, which are getting increasingly worse because of climate change. In fact, this is the fifth consecutive year in which the United States has endured 10 or more ‘billion-dollar’ weather and climate disaster events—an unprecedented trend.

    • October 25, 2019 at 2:16 pm
      Rosenblatt says:
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      “Another reason is that we didn’t have many highly expensive disasters prior to 5 years ago”

      Really? Where are you getting your information? Per NOAA, here are the 25 most costly disasters:

      Katrina in 2005. Harvey in 2017. Maria in 2017. Sandy in 2012. Irma in 2017. Andrew in 1992. Drought in 1988. Flooding in 1993. Ike in 2008. Drought in 2012. Drought in 1980. Ivan in 2004. Wilma in 2005. Rita in 2005. Charley in 2004. Hugo in 1989.Fire in 2017. Irene in 2011. Drought in 2011. Francis in 2004. Drought in 2002. Allison in 2001. Flood in 2008. Tornadoes in 2011. Drought in 2013.

      Count of top 25 costly disasters happening with in the past 5 years: 3

      Count of top 25 costly disasters happening more than 5 years ago: 22

      So again I ask, where are you getting your information that “…we didn’t have many highly expensive disasters prior to 5 years ago.”

      Please cite your source to support your argument. Here’s mine:

      https://www.ncdc.noaa.gov/billions/events/US/1980-2017



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