On the “long tail” of flood disaster losses in California

By Kathleen Schaefer and Deirdre Des Jardins Hurricane Ian has shown the vulnerability of the rapidly growing cities in the Southeast to storm-driven flooding. As reported in the New York Times, in the counties whose residents were told to evacuate, just 18.5 percent of homes have insurance through the National Flood Insurance Program (NFIP) (Flavelle … Continue reading On the “long tail” of flood disaster losses in California