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Catastrophe bonds play an important role in keeping the insurance market functioning at a time when it’s getting harder for homeowners to get affordable coverage. But what happens catastrophe actually strikes?
Federal funding doesn’t become available for rebuilding efforts until an average of two years after a storm, one study showed.
The Schulze family fixed appliances and home furnishings in Richmond, Texas for 82 years.
The Christmas Day bombing impacted dozens of businesses. Some have relocated, while others are waiting for the city to rebuild.
Rebuilding has been slowed by the pandemic, fears about future storms and the pain of lost lives.
Families, now divided between the mainland and the island, start new endeavors and try to preserve old ties.
Mitch Landrieu talks about the need to invest in infrastructure post-Katrina.
When New Orleans flooded, Liberty Bank — itself devastated — helped to rebuild.