Beyond Katrina: Lessons in Creating Resilient Communities

Overview

Among the lessons to be learned from Hurricane Katrina are that communities and all stakeholders should prioritize flooding as the greatest risk, devote more resources to preventive measures rather than post-event disaster relief, and address current infrastructure weaknesses, according to a comprehensive white paper from global insure and leading university.
Building resiliency is a complex challenge that requires actions from governments, business owners, non-governmental organizations and individuals, say the authors of Beyond Katrina: Lessons In Creating Resilient Communities, released by Zurich Insurance and the Wharton Risk Center at the University of Pennsylvania.
The report addresses financing solutions including ways to improve disaster insurance, including using risk-based insurance premiums, home improvement loans, and means-tested insurance vouchers.

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