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How the costs of disasters like Hurricane Ian are calculated – and why it takes so long to add them up

  • Written by Adam Rose, Professor of Public Policy, University of Southern California
How the costs of disasters like Hurricane Ian are calculated – and why it takes so long to add them upIan leveled hundreds of buildings in Fort Myers, Fla.Ricardo Arduengo/AFP via Getty Images

The U.S. experienced 15 disasters in the first nine months of 2022 that each caused at least US$1 billion in damage. Hurricane Ian is taking the largest toll of these disasters by far – but the extent of the damage could take years to calculate with any...

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