A new report by disaster insurance agency, Karen Clark & Co, states that Florida is home to four out of the 10 US cities most likely to hit by flooding, and Miami, which has a high likelihood of a severe Category 5 storm, is number four on the list. The report states that Miami is vulnerable due to the "sheer magnitude of property values near the coast along with low coastal elevations". In addition, it says that there are more than 100 flood control projects in Miami-Dade County - including two major dams - but only one project for dealing with storm surge flooding.
A new report by disaster insurance agency, Karen Clark & Co, states that Florida is home to four out of the 10 US cities most likely to hit by flooding, and Miami, which has a high likelihood of a severe Category 5 storm, is number four on the list. The report states that Miami is vulnerable due to the "sheer magnitude of property values near the coast along with low coastal elevations". The estimated damage from a Hurricane Category 5 to Miami, which according to hurricane measurements is due within the next 10 years, could total $200bn in damages says the report.