• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar

Risk and Uncertainty Management Center

Darla Moore School of Business | University of South Carolina

  • Home
  • About
  • Presentations
  • News
  • Study RMI
  • Contact Us
  • Show Search
Hide Search

Marketplace 03/05/2023- Hurricane Risk Will Grow in the Coming Decades, Report Warns

Risk Center Staff · March 5, 2023 ·

It’s been five months since Hurricane Ian slammed into southwest Florida. More than 150 people died in the storm and its aftermath, and the National Oceanic and Atmospheric Administration estimates the damage from high winds, storm surge and flooding at nearly $113 billion dollars. This article discusses how hurricane risks will continue to grow in the coming decades. There are just too many incentives that keep people living in harm’s way, said Robert Hartwig, professor of risk management and insurance at the University of South Carolina — including heavily subsidized insurance and government relief when disaster strikes.  “This is all very important information that I think that many individuals — but unfortunately, not the majority — will take into account,” Hartwig said. “Unfortunately, the evidence suggests that nothing, but nothing, will slow down the rapid economic growth we are seeing in some of the most vulnerable parts of the United States to climate change.” Click here to access the full article.

Filed Under: Uncategorized

Primary Sidebar

Recent Posts

  • Worse Than Asbestos? – 09/29/2026
  • SC regulators file to take over Charleston insurance companies, alleging high-risk debts – 09/18/2026
  • Insurers Ponder Premium Potential From Data Centers but Risks Loom Large – 09/11/2026
  • P&C Insurance Market Outlook, Insights and Emerging Trends – 09/09/2026
  • As finance and insurance lose jobs, AI gets most (but not all) of the blame – 09/07/2026

Archives

  • September 2026
  • August 2026
  • July 2026
  • June 2026
  • April 2026
  • March 2026
  • February 2026
  • December 2025
  • September 2025
  • August 2025
  • July 2025
  • June 2025
  • April 2025
  • March 2025
  • February 2025
  • January 2025
  • December 2024
  • November 2024
  • October 2024
  • September 2024
  • July 2024
  • April 2024
  • March 2024
  • February 2024
  • January 2024
  • December 2023
  • September 2023
  • June 2023
  • May 2023
  • April 2023
  • March 2023
  • February 2023
  • January 2023
  • December 2022
  • October 2022
  • September 2022
  • August 2022
  • July 2022
  • June 2022
  • May 2022
  • April 2022
  • March 2022
  • January 2022
  • December 2021
  • November 2021
  • October 2021
  • September 2021
  • August 2021
  • July 2021
  • June 2021
  • May 2021
  • April 2021
  • March 2021
  • February 2021
  • December 2020
  • November 2020
  • October 2020
  • September 2020
  • August 2020
  • July 2020
  • June 2020
  • May 2020
  • April 2020
  • March 2020
  • February 2020
  • November 2019
  • October 2019
  • July 2019
  • February 2019
  • September 2018
  • April 2018
  • February 2018
  • August 2017
© 2026 Risk and Uncertainty Management Center, University of South Carolina