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As losses from natural disasters steadily increase, communities search for ways to increase resilience. The state of Florida enacted stronger building codes in 2002 as a way to limit losses from windstorms. This study uses realized insured loss data to examine the effect of the Florida Building...
Persistent link: https://www.econbiz.de/10012957095
Hurricane Andrew revealed inadequate construction practices were utilized in Florida for decades. In response, Florida adopted a new statewide code – the 2001 Florida Building Code (FBC) which became one of the strictest in the nation. We use ten years of insured loss data to show that the FBC...
Persistent link: https://www.econbiz.de/10012957100