Climate Change Could Cause $12.3B In Annual Losses For Gulf, East Coasts

Publish Date: 
January 3, 2011
Article Source: 
National Underwriter Property & Casualty

The article appeared in National Underwriter Property & Casualty print issue, January 3, 2011, on page 25. It also appeared in PropertyCasualty360.com in November, 2010.

Summarizes the research findings "that the expected average annual losses for the entire U.S. Gulf and East Coast regions in 20 years" would increase by "18.6 percent from current levels--if sea level change and tropical storm activity stay consistent with current warm sea surface temperature trends."

Read the full research study An estimate of increases in storm surge risk to property from sea level rise in the first half of the twenty-first century authored by AER and AIR Worldwide.