Natural Disasters Continue to Strike Over and Over
Certain areas across the United States are more susceptible to damages from natural disasters. For example, parts of Louisiana have been struck by 6 hurricanes in the past 16 years and a town in eastern Kentucky has been pummeled by 9 storms severe enough to warrant federal assistance. According to the Small Business Administration, 90 percent of the total losses across the country occurred in zip codes that contain less than 20 percent of the population. The map below shows how a pattern of destruction has concentrated in certain areas of the United States. Photo Source: NYTimes.com Climate Change Increases Disaster The National Oceanic and Atmospheric Administration estimates that 2017 was the costliest year for natural disasters on record, with 16 different billion-dollar disasters totaling more than $300 billion. Annual losses for billion-dollar disasters, adjusted for inflation, have increased over the last 40 years. According to the National Oceanic and Atm...