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‘It is going to be emotional’: Residents of Florida island cut off from the mainland by Hurricane Ian are set to return to survey ‘unlivable’ homes | CNN

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‘It is going to be emotional’: Residents of Florida island cut off from the mainland by Hurricane Ian are set to return to survey ‘unlivable’ homes | CNN




CNN
 — 

Every week after Hurricane Ian slammed into Florida, residents of certainly one of its barrier islands will probably be allowed to return to view their houses Wednesday for the primary time for the reason that storm devastated the as soon as tranquil neighborhood.

Ian worn out a portion of the causeway connecting Sanibel Island to the mainland, setting the stage for days of evacuations by air and sea as crews searched for many who have been stranded.

Sanibel Island residents returning to survey the injury to their neighborhood are in for a shock, mentioned Metropolis Supervisor Dana Souza.

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“It will be emotional once they see their properties up shut and the quantity of injury that this storm inflicted upon them,” Souza instructed CNN.

Homes that may look nice from the surface should still show to be too broken to dwell in, Sanibel Mayor Holly Smith mentioned.

Whereas residents will probably be given entry to their property, the island remains to be “extraordinarily unsafe,” Smith mentioned.

“There are a whole lot of locations that aren’t livable. There are locations off their basis, and it’s very harmful on the market,” Sanibel Hearth Chief William Briscoe has mentioned. “There are alligators working round, and there are snakes in every single place.”

Souza additionally described the devastation, saying a lot of the electrical poles and transmission traces are down, together with wastewater programs. “With out these vital infrastructure, it’s troublesome to maintain a neighborhood of seven,000 individuals yr round,” Souza added.

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“It will likely be a while earlier than we will resume regular life on Sanibel,” he mentioned.

The island’s year-round inhabitants is about 7,000 individuals but it surely grows to 35,000 throughout the excessive season, which is a few month away, in accordance with Souza.

It may take a month or longer to revive energy to some areas of Sanibel and Pine islands, Karen Ryan, public relations director for Lee County Electrical Cooperative, instructed CNN.

“It will likely be a lot simpler to revive energy as soon as we will achieve entry to the island,” Ryan mentioned.

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Florida Gov. Ron DeSantis directed transportation authorities to prioritize the restore of the Sanibel Causeway, which was broken at a number of factors throughout the storm.

“Entry to our barrier islands is a precedence for our first responders and emergency providers who’ve been working day and evening to convey aid to all Floridians affected by Hurricane Ian,” the governor mentioned in a press release.

Aerial photo of the damaged Sanibel Causeway that connects Fort Myers to the island community.

Days after the hurricane’s landfall, as decimated houses line the streets, residents are left grappling with losses.

As of Tuesday, at the very least 109 individuals have been reported killed by the hurricane in the USA, with 105 of these deaths in Florida.

It’s unclear how many individuals are nonetheless lacking. Florida officers are working to consolidate an inventory of people that stay unaccounted for, Florida Division of Emergency Administration Director Kevin Guthrie mentioned Monday.

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Up to now, greater than 2,300 rescues have been made statewide, DeSantis mentioned throughout a information convention Tuesday. Greater than 1,000 city search and rescue personnel have combed by way of 79,000 constructions throughout Florida.

As search and rescue efforts proceed, many residents are nonetheless at the hours of darkness.

Greater than 330,000 prospects in Florida remained with out energy as of early Wednesday, in accordance with PowerOutage.us. Most of the outages are in hard-hit Lee and Charlotte counties.

In this aerial view, a FDOT crew works on repairing the road that goes to Pine Island Tuesday.

In Charlotte County, north of Fort Myers, public colleges will probably be closed till additional discover after a number of of its 22 colleges have been broken by Hurricane Ian.

“The storm lasted right here for over 12 hours, simply hammering away. Nothing is protected proper now,” Charlotte County public colleges spokesperson Mike Riley mentioned.

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Florida hospitals have additionally been struggling. Emergency departments sustained injury, staffing is impacted as many hospital employees have been displaced or misplaced their automobiles, and a few services misplaced dependable entry to water.

“We have been prepared, we had our turbines all prepared. We had loads of gasoline. What we couldn’t anticipate and didn’t anticipate was the lack of water from our utility corporations,” mentioned Dr. Larry Antonucci, president and CEO of Lee Well being.

Many areas stay below boil water notices for the reason that storm made landfall, damaging important infrastructure, in addition to houses.

Residents of Lee and Charlotte counties – the 2 counties with the best demise tolls from the hurricane – will be capable to get a short lived blue protecting with fiber-reinforced sheeting for his or her roofs to assist scale back additional injury, in accordance with a Charlotte County information launch.

In the meantime in Naples, a whole lot of residents could not be capable to get again of their houses for a time period, Metropolis Supervisor Jay Boodheshwar, instructed CNN.

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“There was a major quantity of houses, in truth, a whole neighborhood was submerged at the very least with three ft of water. Some areas obtained six to seven ft of water,” Boodheshwar mentioned. “I’d guess it’s in all probability a whole lot of households which might be going to be experiencing a time period once they’re not going to have the ability to be of their houses.”

Members of the Miami-Dade Task Force 1 Search and Rescue team look through a pile of debris for victims Tuesday in Matlacha, Florida.

As rescue crews proceed combing by way of wreckage for indicators of life, some households are studying their family members didn’t survive.

Stacy Verdream instructed CNN she realized that her “humorous and goofy and really good” uncle, Mike Verdream, was amongst Ian’s victims.

Mike Verdream determined to experience out the hurricane in Matlacha and deliberate to go to his boss’ two-story dwelling if issues obtained too unhealthy, his niece instructed CNN.

Stacy Verdream mentioned her cousin spoke with him Wednesday, the day the hurricane made landfall, and he mentioned the water was 4 ft deep earlier than telling her he needed to go.

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Mike Verdream is among the victims of Hurricane Ian, his family said.

“It was a really transient name as a result of he mentioned he was very scared and she or he’d by no means heard him like that, as a result of he wasn’t that sort of individual. He’s at all times placed on a courageous face,” Stacy Verdream mentioned. “However she mentioned he sounded completely terrified.”

On Friday, the household was instructed that the uncle survived the storm and was serving to individuals, Verdream mentioned. They have been instructed he was unable to name as a result of his telephone had gotten moist.

His niece mentioned that made sense, at first, as a result of her uncle was “very giving.”

“He would provide the shirt off his again, the final dime he had if somebody was in want,” Stacy Verdream mentioned. “At all times frightened about serving to different individuals and never himself.”

As extra time handed, they grew involved that he hadn’t borrowed somebody’s telephone or discovered one other solution to get in contact.

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On Monday, the sheriff’s workplace knowledgeable the household that Verdream had died. His physique had been present in a canal on Friday, she mentioned.

Authorities had to make use of medical data to establish her uncle as a result of his face was not recognizable, Stacy Verdream mentioned.

“He was at all times there for me rising up, educating me methods to drive and taking me to the honest,” she mentioned. “The cool uncle that may purchase me like a mud bike and acquired the Jet ski for us to, like, exit on the lake. He simply liked us to demise.”



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Florida

Why Florida could end up with the same issues as NY if it makes pot legal

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Why Florida could end up with the same issues as NY if it makes pot legal


When Floridians go to the polls this November, they’ll be deciding an important question: whether to let businesses sell marijuana, as they’re currently able to do in 24 other states, including New York.

Florida’s Amendment 3 commands some powerful supporters, including a recent endorsement by former President Donald Trump.

It’s a bellwether for marijuana legalization’s prospects nationwide.

But while backers have talked up the alleged injustice of marijuana prohibition, they’ve avoided discussing the real effect of the law: making it legal to profit off pot.

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Amendment 3 would permit medical dispensaries and other, future license recipients to sell weed to any adult.

Miami is considering legalizing marijuana use, a move that would make cannabis corporations smile, but paves the way for increased crime and addiction. D.A. Varela
Vast sums have been spent by “big cannabis” corporations in the push to make pot legal in Florida, one of the largest untapped pot markets in America. Shutterstock

That’s reason enough for Floridians—and everyone else—to be skeptical of legalization.

A legal market would make big businesses happy, which is why they’ve spent so much pushing for one.

But Floridians shouldn’t trust their communities, or their kids, in the hands of profit-hungry drug companies.

To be sure, big business wants legal weed.

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Florida is the second largest state (behind Texas) without a legal market.

For marijuana businesses, which have seen market values collapse amid struggles in other states, that’s an exciting prospect.

That’s why the Amendment’s main backer, the marijuana concern Trulieve, has poured $80 million into passing Amendment 3.

That’s nearly six times what opponents of the law have spent. But it’s a small fraction of what the billion-dollar business could make off of weed in Florida.

But can Floridians trust Trulieve?

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This is the company that reached a six-figure settlement after one of its Massachusetts employees died from inhaling ground marijuana dust.

Florida’s Amendment 3 would permit medical dispensaries and other future legal outposts to sell weed to any adult. Getty Images/iStockphoto

The state’s cannabis commission found that Trulieve failed to comply with workplace safety requirements; it no longer operates in the state.

This is the company that the CEO’s husband, J.T. Burnette, claimed in a secretly recorded conversation, got special help in cornering the Florida medical market.

Burnette, a Tallahassee businessman facing federal prison time for corruption, told an undercover federal agent that he had worked with a state legislator to keep potential competitors from securing medical licenses.

This is the company that wants to run the recreational market in Florida. Should Floridians let it? 

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J.T. Burnette and his wife Kim Rivers; Burnette has faced prison time for corruption while his wife leads one of America’s largest private pot concerns, Truelieve. Alicia Devine/Tallahassee Democrat via Imagn Content Services, LLC

The answer matters, because irresponsible marijuana legalization can create a massive mess.

The experience of other states shows as much.

Research from the Kansas City branch of the Federal Reserve, for example, finds that recreational legalization increases rates of addiction, chronic homelessness, and arrests by double-digit percentages. 

It also makes life a little less pleasant. Stoned employees make workplaces a little worse, and marijuana-intoxicated accidents have risen steadily as states have legalized. 

Dispensaries have been shown to lower nearby property values. And in many places, legalization produces the pervasive smell of pot smoke—a pollutant that Florida’s clean air laws don’t cover.

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Legalization hurts kids, too.

It increases pediatric hospitalizations, as kids take a gummy meant for mom or dad and end up in the ER.

It increases the risk that teens will develop a “cannabis use disorder,” characterized by compulsive use in spite of negative consequences. 

Some of those kids will go on to develop psychosis and schizophrenia. 

Truelieve has poured some $80 million into the Florida pro-pot initiative, but critics worry the Sunshine State could turn into New York City, with its endless illegal pot shops. Aristide Economopoulos

New Yorkers know a thing or two about these problems.

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Since legalization, it’s had to deal with a massive, sometimes-violent grey market, teens smoking in school, and the omnipresent smell of weed on city streets.

New York’s experience has been a warning to other states. It ought to be for Florida, too. 

When Floridians go to the polls they need to remember what they’re really voting for.

They aren’t voting to keep their fellow citizens out of prison — nobody’s there for pot anyway.

Amendment 3 has found an unexpected supporter in the form of Donald Trump. ZUMAPRESS.com / MEGA

They are voting to let powerful companies sell an addictive, harmful substance at a profit. 

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Floridians of good conscience can differ over whether they should smoke weed — it’s none of my business if you do.

But even those who like marijuana should be wary of mixing greed and weed. That’s a recipe for a disaster. 

Charles Fain Lehman is a fellow at the Manhattan Institute and a contributing editor of City Journal.



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Dozens dead as Helene unleashes life-threatening flooding and knocks out power to millions across Southeast | CNN

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Dozens dead as Helene unleashes life-threatening flooding and knocks out power to millions across Southeast | CNN




CNN
 — 

Helene continues to unleash its fury across the Southeast after leaving 49 people dead in multiple states, leveling communities and stranding many in floodwaters after the historic storm made landfall in Florida’s Big Bend region Thursday night as a monstrous Category 4 hurricane with roaring 140 mph winds. Here’s the latest:

• Deaths across 5 states: Storm-related deaths have been reported in South Carolina, Georgia, Florida, North Carolina and Virginia. At least 19 are dead in South Carolina, including two firefighters who died in Saluda County, according to state officials. In Georgia, at least 15 people have died, two of them killed by a tornado in Alamo, according to a spokesperson for Gov. Brian Kemp. Florida officials reported eight deaths, including several people who drowned in Pinellas County. Six more deaths were reported in North Carolina and they include a car wreck on a storm-slick road that left a 4-year-old girl dead. And in Craig County, Virginia, one person died in a storm-related tree fall and building collapse, Gov. Glenn Youngkin said Friday.

• Storm rescue missions underway: Nearly 4,000 National Guardsmen were conducting rescue efforts in 21 counties across Florida, the Defense Department said Friday. North Carolina, Georgia and Alabama have also activated guardsmen. The Biden administration has also mobilized more than 1,500 federal personnel to support communities affected by Helene, Vice President Kamala Harris said Friday.

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• Severe flooding in North Carolina: Helene “is one of the worst storms in modern history for parts of North Carolina,” Gov. Roy Cooper said. Western parts of the state were slammed by heavy rains and strong winds bordering on hurricane-strength levels, life-threatening flash flooding, numerous landslides and power outages. More than 100 people were rescued from high waters, the governor said. More than 2 feet of rain fell in the state’s mountainous region from Wednesday morning to Friday morning, with Busick recording a total of 29.58 inches in just 48 hours. In the hard-hit city of Asheville, a citywide curfew is in effect until 7:30 a.m. Saturday, officials said. About 20 miles southwest of Asheville, overwhelming, torrential rainfall was pushing the Lake Lure Dam into “imminent failure,” according to the National Weather Service.

• The threat isn’t over: Helene’s remnants will continue to bring rain and gusty winds over hundreds of miles of the East. Multiple states have recorded more than a foot of rain, with at least 14 different flash flood emergencies issued for approximately 1.1 million people in the Southern Appalachians of Western North Carolina and adjacent parts of Tennessee, South Carolina and Virginia. In addition to the rainfall, winds continued to gust 30 to 50 mph over the Ohio and Tennessee Valley regions Friday evening and more than 35 million people were under wind alerts heading into Saturday.

• More than 3 million left without power: The remnants of Helene continued to knock out power for several states across the eastern US on Saturday morning, with nearly 3.3 million customers left in the dark in South Carolina, Georgia, North Carolina, Florida and Ohio, according to PowerOutage.us.

• Helene disrupts travel and delivery services: Helene has caused numerous disruptions to travel and delivery services. Several Amtrak trains arriving or departing Florida and Georgia have been canceled, the company said. Delivery services were also impacted, with UPS announcing it has suspended service to Florida, North Carolina and Georgia because of the storm. FedEx likewise suspended or limited its service in five states. Water inundated countless roadways across the region, making them impassable. In North Carolina, 290 roads were closed throughout the state, and Gov. Roy Cooper said the state’s transportation department is shutting down even more roadways as severe flooding, landslides and washed-out roads pose serious threats to public safety.

• Dozens rescued from hospital roof in Tennessee: More than 50 people stranded on the roof of Unicoi County Hospital in Erwin, Tennessee, were rescued after rapidly rising waters from Helene made evacuation impossible Friday morning, Ballad Health said. Nearby, residents in three counties surrounding the Nolichucky Dam were urged to “move to higher ground” due to its imminent failure from Helene’s soaking rainfall, according to officials. If the dam fails, flooding can result in “an extremely dangerous and life-threatening situation,” the National Weather Service said.

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• Helene is now a post-tropical cyclone: Helene – the strongest hurricane on record to slam into Florida’s Big Bend region – is now a post-tropical cyclone with winds of 35 mph, according to the National Hurricane Center. That means Helene no longer has an organized center of circulation and is losing its hurricane-like features. But this change doesn’t alter much of Helene’s overall threat going forward, as Helene will continue to unleash heavy, flooding rainfall and gusty winds. Keith Turi of FEMA warned residents of the dangers remaining from Helene even after it passes. “There are a lot of dangers in those floodwaters, things you can see and sometimes things you can’t see that are going under the surface, and so really you need to stay out of those floodwaters,” Turi told CNN.

Dan Murphy hugs his colleague after bringing his canoe to rescue them from their flooded home as the streets are flooded near Peachtree Creek on September 27, 2024 in Atlanta, Georgia.

Florida and Georgia communities devastated

Helene cut a massive path of destruction across Florida, Georgia and the Southeastern US, snapping trees and power lines, and mangling hundreds of homes. As millions were left without essentials like electricity and some with nowhere to return to after the ravaging storm, rescue crews set out to save people trapped in wreckage or underwater.

In Cedar Key, Florida, the devastation is so widespread that it’s not safe enough to allow residents or volunteers back into the small community off the Florida coast, city officials said Friday. The town doesn’t have any sewage water or power, “so there’s really not a whole lot to be able to sustain people being here,” Cedar Key Mayor Sue Colson said.

Scores of historical buildings and new homes have been decimated, while roads were blocked by downed wires and “extremely dangerous” debris, the mayor said. “It’s just a multifaceted mess,” Colson said.

Another small, tight-knit Florida community, Keaton Beach, is picking up the pieces of their lives left behind by the ravages of Helene.

“You look at Keaton Beach … almost every home was destroyed, or the vast majority, and some totally obliterated. It’s because they had such a massive surge that went in there,” Florida Gov. Ron DeSantis said Friday, adding that the storm surge might have been as high as 20 feet.

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The town’s Beach Bums gas station was three days away from celebrating the five-year anniversary of its opening when it collapsed, said owner Jared Hunt, who spent the morning helping residents look for personal belongings, salvaging what’s left.

One Keaton Beach resident stood with his wife in front of the wreckage of what used to be their home, wondering where they might go next.

“Man, I just lost my house. I have nowhere else to go,” Eric Church told CNN. “My house is laying here in a pile. It was sitting right there. There are just pillars left in the ground. I got a wife and two dogs with me. What am I supposed to do?”

Church’s wife, Erin Peelar, said the couple had just purchased the home and expected some water from the hurricane, not for the house “to disappear.”

“The house has been here for 75 years and that’s the whole reason we bought it six months ago, having faith it would be here for another 75,” Peelar said.

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Florida State Guardsmen on a search and recovery mission in the aftermath of Hurricane Helene on September 27, 2024 in Steinhatchee, Florida.

In the ocean off of Sanibel Island, Florida, US Coast Guard swimmer Ted Hudson, rescued a man and his dog from their house boat during the hurricane as dangerous waves threatened their lives.

Footage of the dramatic rescue captured by Hudson’s helmet camera shows Hudson being hoisted down from a helicopter battling to stay still amid 60 mph winds, until he enters the water. He then swims through terrifying waves to reach the stranded man and his dog. They enter the water and swim toward Hudson, who assists them as they are airlifted into the helicopter.

“I think my adrenaline kicked in, and I was just going,” Hudson told CNN. “It was a dangerous situation to be in, and I was trying to get out of there as fast as possible.”

DeSantis said he believes Hurricane Helene inflicted more damage than Hurricane Idalia in 2023, which at the time was the strongest hurricane to make landfall in Florida’s Big Bend region in more than 125 years.

Hurricane Helene made landfall near Perry, Florida, on Thursday night as a Category 4 with 140 mph sustained winds and higher gusts, according to the National Hurricane Center. In comparison, Hurricane Idalia in August 2023 made landfall as a Category 3 hurricane with sustained wind speeds of 125 mph.

Over in Georgia, multiple people were trapped after at least 115 structures in the southern city of Valdosta in Lowndes County were heavily damaged by Helene, Gov. Brian Kemp said Friday.

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“The damage to our community is substantial and appears much worse than Hurricane Idalia,” the Lowndes County Emergency Management said on its Facebook page.

‘Complete pandemonium’ amid North Carolina floodwaters

rosales asheville 1.jpg

North Carolina city faces a 1-in-1000-year rain event

Residents of Asheville, North Carolina, described “complete pandemonium” in their city after Helene brought several feet of floodwater and pushed large debris into streets overnight.

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Samuel Hayes said he woke up with several calls from his employees telling him about fallen trees on their roofs, water pouring into their homes and mudslides.

“Complete pandemonium around the city,” Hayes told CNN’s Isabel Rosales. “It’s going to take us a long time to clean this up.”

Hayes and another Asheville native, Maxwell Kline, described the River Arts District neighborhood as being inundated with oil-contaminated floodwaters.

“A lot of businesses are completely wrecked … I’ve never seen anything like that since I’ve lived here. It’s absolutely a tragedy,” Kline said.

Gas pumps were down and they lost power, internet and cell phone service for hours, they said. “Can’t get anything right now – no food you can buy, no gas, nothing,” Kline said.

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About 25 miles outside of Asheville, a lifelong resident of Hendersonville said she was traumatized by the onslaught of Helene. “I never knew anything like this could happen here,” Avery Dull, 20, told CNN.

Dull and her neighbors were “extremely unprepared” for the deluge, and she saw at least one person busting out of their window, she said. But her apartment is still intact because it’s on the second floor, Dull said.

“Luckily we were on high ground, but those people lost everything,” Dull said. “Half of my neighborhood is underwater and dozens of families are trapped inside of their homes. Cars have been completely submerged and totaled, and power is out across the county.”

Elsewhere in North Carolina, shattered glass, rocks and mud covered one couple’s car after a landslide triggered by Helene came crashing down onto Interstate 40 as they were driving through Black Mountain.

Kelly Keffer said her husband saw something coming from the corner of his eye and then they started to hear pounding on top of the car, so he stepped on the gas. Then, the whole side of the mountain started sliding, Alan Keffer said. Alan thought they would be able to speed past it, but it slid faster than he thought.

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Within less than a minute, “the rocks, the dirt, everything hit us. It was scary,” he said. The back window was completely shattered, Kelly said.

In Erwin, Tennessee –  just over 40 miles north of Asheville, North Carolina – flooding submerged houses, buildings and roadways.

Erwin resident Nathan Farnor said he evacuated the area on Friday afternoon, when his home was slightly above water level, then he fled to an area a few miles away that is at higher ground.

“The power remains out, and it appears that most businesses, homes, and campgrounds near the river have suffered a total loss,” Farnor said, “Sadly, the situation does not appear to be improving.”

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Hurricane Helene hits Florida homeowners already facing soaring insurance costs

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Hurricane Helene hits Florida homeowners already facing soaring insurance costs


As Hurricane Helene barreled through Florida, the storm’s winds and flooding left a trail of damaged homes in its wake, causing up to an estimated $6 billion in private insurance losses, according to global reinsurance broker Gallagher Re.

As homeowners assess the damage, the storm is again drawing attention to wobbly Florida’s property insurance market. Soaring premiums have squeezed homeowners, who shouldered a 45% increase in insurance rates from 2017 to 2022, according to a recent report from the Florida Policy Project.

The average annual premium for a Florida homeowner is $5,500 — about 140% higher than the average U.S. homeowner’s insurance premium of $2,285, according to Bankrate. The spike in costs sometimes leads people to forego insurance altogether, with some Florida residents telling CBS Miami that they’ve been socked with rates reaching $20,000 per year. 

With extreme weather becoming more frequent and destructive due to climate change, homeowners in parts of the U.S. facing mounting risks are likely to see significantly higher insurance costs in the years ahead, according to a June paper from experts at the University of Wisconsin and University of Pennsylvania. 

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“Property insurance serves as the front line of defense against climate risk for homeowners and real estate investors,” the researchers noted. “By 2053, we estimate that climate-exposed homeowners will be paying $700 higher annual premiums due to increasing wildfire and hurricane risk.”


The Climate Election: Rising home insurance costs, explained

02:39

Separate research from Harvard University, Columbia University and the Federal Reserve found that Florida ranks among the top U.S. states for projected future economic losses linked to climate change.  

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But insurance industry losses in Florida are affecting property coverage in the present, as well. Traditional insurers have pulled back from offering home policies in the state, especially in its more disaster-prone regions, with the insurer-of-last resort, Citizens Property Insurance Corp., and newer insurers picking up the slack. 

At the same time, those insurers are facing higher rates from reinsurance companies, which are financial businesses that offer insurance for insurers. Because insurance companies can get financially flattened by an extreme storm or other catastrophic event, they often turn to reinsurance companies to help mitigate the risk.

“Florida, much more than any other state in the country, is exposed to the global reinsurance market,” Jeff Brandes, founder and president of the Florida Policy Project, told CBS MoneyWatch. 

Hurricanes highlight why reinsurers “are very cautious about lowering prices, which definitely impacts Floridians,” Brandes added, while noting that initial damage assessments suggest Helene’s impact on Florida properties appears to be less severe than initially feared.

“If this had shifted a few degrees east and hit Tampa Bay, the damages would be 20 times greater,” he said. 

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How Hurricane Helene battered Florida

11:09

In the meantime, recent reforms to Florida’s insurance market may provide some relief to cost-burdened homeowners. Republican Gov. Ron DeSantis signed a sweeping property insurance bill at the end of 2022 that aims to deter frivolous lawsuits and limit insurer costs.  

Although that could help stave off rate increases in the short term, over the longer term Florida homeowners and insurers might be powerless as the planet continues to warm. 

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“As losses from climate change worsen, the financial stability risks of insurers is likely to become even more pronounced,” noted the researchers from Harvard, Columbia and the Fed. “We are likely to see policymakers face difficult tradeoffs in maintaining affordability, availability and reliability of insurance markets.”



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