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Hurricane Losses Increase On Coastlines

A study released by the National Oceanic and Atmospheric Administration (NOAA) found that the economic damages from hurricanes have increased in the U.S. over time due to greater population, infrastructure, and wealth on the U.S. coastlines, and not to any spike in the number or intensity of hurricanes. Researchers found that economic hurricane damage in the U.S. has been doubling every 10 to 15 years. If more people continue to move to the hurricane-prone
coastline, future economic hurricane losses may be far greater than previously thought. The results of the study illustrate the effects of
the tremendous pace of growth in vulnerable hurricane areas. If the 1926 Great Miami Hurricane were to hit today, the study estimated
it would cause the largest losses at $140 billion to $157 billion, with Hurricane Katrina second on the list at $81 billion.


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