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HOMELAND SECURITY
Analysis of economic impact of 2004 Florida
hurricanes and individual preparedness
Department of Homeland Security Private Sector Office
DHS needs to have a better understanding of the
economic impact associated with natural disasters that occur here in
the United States. The focus
of this study is on estimating the differences in economic impacts experienced
by those who were prepared and those who were unprepared for the storms;
the amount of insurance purchased before and after the storms; the change
in the number of insurance companies providing property casualty insurance
in Florida; and to the extent possible, the level of individuals’ preparedness
for hurricanes and the extent of individual losses based on the level
of preparedness.
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