Several drivers are contributing to the rise in expensive severe convective storms: 1) population growth in high-risk areas; 2) non-resilient physical assets; and 3) rising building premiums.
Population growth in areas prone to severe storms has increased asset exposure and the physical assets in harm's way are not designed to withstand high winds or hail. Meanwhile, building premiums to rebuild after severe storms are increasing.
In this edition of The Weekly, we share a condensed version of a new article by Abby Ross, CEO of The Resiliency Company, on the four convictions underpinning the opportunities in the Adaptation Economy.
The Epicenter’s three-part home catalogs series from Alexis M. Pelosi and Robin Keegan describes how we arrived at the current moment and explores what it means for the future of housing after disasters and in communities facing disinvestment, outdated zoning, or housing supply constraints.
The same principles that accelerate disaster recovery can address housing supply constraints, urban disinvestment, and affordability challenges in any market.
Los Angeles is pioneering a new disaster recovery model that combines cross-sector collaboration, AI-powered coordination technology, and pre-approved wildfire-resilient home catalogs.
The lack of standard home rebuilding playbooks, combined with the uneven delivery of federal disaster recovery funding, has led to fragmented rebuilding efforts over the past few decades. However, disaster recovery has evolved to more systematic approaches using pre-approved home plan catalogs.
