Future hurricane damage should be less severe thanks to actions by policymakers in Alabama, Mississippi, Texas and Florida, where stronger new building codes could protect property from excessive damage.
Mississippi. Insurance Commissioner Mike Chaney, Governor Phil Bryant, the state legislature, and Property Casualty Insurers Association of America (PCI) worked with a broad-based coalition to enact the state's first statewide building code.
"These new standards which become effective November 28, could potentially save lives, reduce damage after a major weather event, and reduce insurance costs," said PCI's Director of Personal Lines, Chris Hackett. "The stronger building code will help protect people and their property by ensuring that residential and commercial buildings are now built to withstand greater hurricane force wind and impact from flying debris."
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Rosalie Donlon
Rosalie Donlon is the editor in chief of ALM's insurance and tax publications, including NU Property & Casualty magazine and NU PropertyCasualty360.com. You can contact her at [email protected].
