Cost of Katrina ~135 billion in 2017 dollars (https://www.thebalance.com/hurricane-katrina-facts-damage-and-economic-effects-3306023 … + inflation scaling). Don't panic yet.https://twitter.com/Revkin/status/901975714798415874 …
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Losses = threat x exposure. There's zero evidence of increasing threat over time. What's increasing is $$$ in exposed goods and property.
If you want to fix that, STOP BUILDING IN FLOOD PLAINS. Reform the god-damned flood insurance program. OH WAIT https://en.wikipedia.org/wiki/Homeowner_Flood_Insurance_Affordability_Act_of_2013 …
They tried reforming flood insurance, mildly, then turned around and gutted it. https://en.wikipedia.org/wiki/Homeowner_Flood_Insurance_Affordability_Act_of_2013#Biggert.E2.80.93Waters_Flood_Insurance_Reform_Act_of_2012 …
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