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Hurricane Sandy Rebuilding Task Force Releases Recommendations

Hurricane Sandy damage to New Jersey boardwalk

President Obama’s Hurricane Sandy Rebuilding Task Force released their findings yesterday, sharing 69 recommendations to repair existing damage and strengthen infrastructure ahead of future natural disasters.

The task force encouraged an emphasis on new construction over simple repair, citing the impact of climate change on severe weather events.

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“More than ever, it is critical that when we build for the future, we do so in a way that makes communities more resilient to emerging challenges such as rising sea levels, extreme heat, and more frequent and intense storms,” the report said. Construction designed for increasingly dangerous storms, infrastructure strengthened to prevent power failure and fuel shortage, and a cellular service system that can subsist during disasters are all critical investments to prevent future loss.

Recommendations included streamlining federal agencies’ review processes for reconstruction projects, revising federal mortgage policies so homeowners can get insurance checks faster, and making greater use of natural barriers like wetlands and sand dunes.

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The team also said that planners need better tools to evaluate and quantify long-term benefits of future projects along the shoreline, but did not detail what would be best ecologically and economically.

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According to USA Today, Sen. Charles Schumer (D-N.Y.) said the Sandy task force report shows that “we have much work to do hardening our energy, telecommunications and transportation infrastructure,” and that “the federal government must be a proactive partner with local governments and the private sector.”

Some of the task force’s suggestions have already been put into place. As the AP reported, this includes the creation of new Federal Flood Reduction Standard for infrastructure projects built with government funds and promotion of the Sea Level Rise Tool, which will help builders and engineers predict where flooding might occur in the future.

The government has closed over 99.5% of over 143,000 National Flood Insurance Program claims related to Hurricane Sandy and paid out more than $7.8 billion to policyholders, according to the task force report. The federal government should support local efforts to mitigate future risk by funding local disaster recovery manager positions and encouraging homeowners to take steps to reduce the risk of future damage, which will also make rising flood insurance premiums more affordable, the report said.

The team has also launched Rebuild by Design, “a competition that will attract world-class talent to develop actionable plans that will make the Sandy-impacted region more resilient.”

Australian Insurers Brace for Worst

Close to 348,000 square miles across 20 towns are flooded and 200,000 residents affected after heavy rains drenched Queensland and neighboring states from December 25 to January 3.

The effects of the flooding are far-reaching. Reports indicate Queensland-based insurer SunCorp has told the Australian Stock Exchange it has received 1,800 claims so far. A JP Morgan analyst has said that losses to the insurance industry due to the flooding are estimated at $1 billion. The Insurance Council of Australia (ICA), however, has said that it is too early to provide a loss estimate.

The worst flooding in decades has affected an area the size of Germany and France, leaving towns virtual islands in a muddy inland sea, devastated crops, cut major rail and road links to coal ports, slashed exports and forced up world coal prices.

Coal production in Queensland has been severely disrupted. “The Queensland Resources Council said lost coal and gas production would run to hundreds of million of dollars.” Economists have projected a $6 billion loss from reduced export volumes.

Key crops such as cotton, sunflower, sugar and wheat have been gravely affected by the floods and, according to the Queensland Farmers Federation, few farmers have flood insurance. Crop losses alone could exceed $1 billion.

Below is a video of the “biblical” Australian floods that have claimed the lives of 10.

Needless to say, the property damage in Queensland and neighboring states will be a hard hit to the country’s insurers.

Few in Tennessee Covered by Flood Insurance

As flood waters remain on the streets of Tennessee, we are learning that few residents had flood insurance to cover their losses. The City Paper, a Nashville-based online news site, reports that fewer than 4,000 homes in Davidson County, Tennessee (which includes Nashville) were covered by flood insurance at the end of 2009 “meaning that the vast majority of homes damaged or destroyed by this weekend’s flooding will not be compensated for their losses.”

The online news source also claims that less than 1.5% of all homes in Davidson and surrounding counties have flood insurance. A surprisingly low number, which, like in most cases of natural disasters, only comes to light after a catastrophe. With such a lack of insurance, FEMA will likely provide much of the financial aid needed. Most of the homeowners who did purchase flood insurance, only did so because it was required in the terms of their mortgage.

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Some Nashville-area residents with mortgages that didn’t require flood insurance even asked their real estate agent, builder or lender about it — wondering if it was necessary. The response was mind-boggling, as stated in USA Today by a Davidson County resident whose home was ravaged by the flood waters:

“They all said, ‘You’re not in a flood plain, so you don’t need it,'” recalls [Tiffany] Wiggers, who left her home Sunday in a rescue boat with her dog. “I was like, ‘FEMA and the bank said we won’t need it, so we’re in the clear.’ “

Statements like that are maddening, but the residents of Tennessee’s flooded areas are not dwelling on their massive uninsured losses. As one resident states, “We really don’t have time right now to point fingers at anyone.

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It’s time to come together and help your neighbors and make sure your neighbors have food, shelter and clothing.”

The weekend rains that pummeled middle Tennessee set a Nashville record of 14 inches (all falling within about 48 hours). At least 30 deaths in Tennessee, Kentucky and Mississippi are blamed on the floods and Nashville Mayor Karl Dean said the city’s damage will top $1 billion.

Below are a few pictures from the brother and nephew of yours truly. They are, unfortunately, Nashville residents.

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