Disasters

Home Insurance Likely To Be a 2024 Climate Story Near You

In the first of a two-parter for our 2024 Journalists’ Guide to Environment & Energy, TipSheet looks at what climate-driven disasters mean for the home insurance market. Storms, floods and fire rip through communities, yet a federal insurance program falls short, lawmakers shy away from real reform and insurers grow hesitant to cover the risks, while homeowners often attempt to rebuild in the same problematic locales. Plus, see part two on extreme weather and insurance.

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"Climate Change Is a Key Obstacle for New York City’s Transit System"

"Transit officials in New York on Wednesday released a list of the system’s most pressing needs that ranks contending with climate change among the top priorities for the subway and bus network, which was paralyzed last week by a torrential storm."

Source: NYTimes, 10/06/2023

"New Saltwater Forecast Could Spare Most Of New Orleans, Jefferson Parish"

"Forecasts for when salt water advancing up the Mississippi River will reach the New Orleans area were drastically pushed back Thursday, potentially sparing most of the city and Jefferson Parish entirely from the threat while avoiding the need to build an emergency pipeline estimated to cost as much as a quarter of a billion dollars."

Source: New Orleans Times-Picayune, 10/06/2023

"Flood Threats Are Rising. Here’s Where People Are Moving Into Harm’s Way."

"Worldwide, humans now occupy more than twice as much land in flood-prone areas as they did four decades ago, according to a new study in the journal Nature. The findings highlight the degree to which rapid development along coasts and in floodplains has increased the need for disaster preparedness around the globe."

Source: NYTimes, 10/05/2023

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