The largest losses from storm surge along the Gulf and East coastal locations in the United States are concentrated in relatively few places, but flooding from a 100-year hurricane could spur losses exceeding US$100 billion in three cities, notes a new study from Karen Clark & Company (KCC). The study report, Most Vulnerable US Cities to Storm Surge Flooding, identifies Tampa/St. Petersburg as the metropolitan area most vulnerable to flooding damage with a loss potential of US$175 billion.
Read Full Article