The Fragility of Insurance in Natural Disasters

Editor's Note: We are deeply saddened to see the damage Hurricane Helene has done to Western North Carolina. Please see the additional notes for ways you can help.  

In this episode of Upzoned, co-hosts Abby Newsham and Chuck Marohn discuss managed retreat, where the federal government buys land from people to encourage them to move away from areas at high risk for natural disaster. According to the article, to actually move the necessary amount of people, the government needs to increase its efforts by a factor of 200.

Chuck and Abby talk about the issues with this method of natural disaster management, as well as other common approaches like rebuilding disaster areas to be more fortified, and share their thoughts on alternative responses to natural disasters.

ADDITIONAL SHOW NOTES

• Ways to help Western North Carolina, suggested by Local Conversations in the area:

  • Manna Food Bank.

  • North Carolina Disaster Relief Fund.

  • Heart of the Foothills Animal Rescue.

  • Cajun Navy.

  • Beloved Asheville.

• “Retreating From the Coasts Makes Sense, But Our Current Approach Isn’t Working,” by Tim Robustelli and Yuliya Panfil, Shelterforce Magazine (August 2024).

• Abby Newsham (X/Twitter).

• Chuck Marohn (Twitter/X).

• Theme Music by Kemet the Phantom.