Devastating winds and storm surge threaten 1.1 million homes with over $265 billion in reconstruction cost value, reports CoreLogic, a global property data and analytics provider. In a major landfalling storm like Hurricane Laura, storm surge can be a very large and life-threatening hazard. In 2005, Hurricane Katrina’s storm surge breached 53 levees, causing catastrophic damage to New Orleans and its residents. “NOAA’s analysis of current and seasonal atmospheric conditions reveals a recipe for an active Atlantic hurricane season this year,” said Neil Jacobs, acting NOAA administrator. The 2020 CoreLogic Storm Surge Report provides an evaluation of the number of homes in the United States that are vulnerable to storm surge, particularly the properties that line the coastlines from Texas up to Maine.

Source: Forbes August 27, 2020 04:41 UTC