Regressive actions worsening the nat-cat safety hole
Whereas governments, firms, and people are taking motion on the safety hole, threat administration has been inconsistent, Mantero mentioned. He cited excessive inhabitants development charges in catastrophe-prone areas in america, similar to Florida, the place Hurricane Ian dealt vital inland flooding and injury to communities in 2022. Florida was the fastest-growing state within the US that 12 months in response to US census knowledge, with a 1.9% development charge between 2021 and 2022.