Craig Fugate: A smarter way to fund disaster recovery in America
from Tampa Bay Times
From Jan. 5
: As Hurricane Matthew brushed along the East Coast last fall, it left a trail of destruction across the mid-Atlantic. The storm left dozens dead and billions of dollars in damage in its wake. In North Carolina alone, record rainfall caused flooding so severe that experts categorized it as a "1,000-year event." A disaster of such magnitude — statistically — should only occur once in multiple lifetimes.
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