Property data and analytics company CoreLogic put together a top ten list of the riskiest places to live in the U.S. based on susceptibility to natural disasters.

"With exposure to hurricanes and inland floods Plaquemines Parish, Louisiana, emerged as the riskiest place for property owners due to damages from natural disasters," the company wrote. "Areas on or near the U.S. Gulf Coast are particularly vulnerable to potential catastrophe damages, both currently and in the future."

Climate and environmental property data has become a hot commodity for developers, investors, owners, lenders, and insurers.  Getting data can be expensive because it frequently sits in the hands of private companies that understandably want to make a profit. Madison Condon, an associate professor at the Boston University School of Law, has written recently, for example, that climate risk data is "limited and expensive to access" and also opaque, making verifying its accuracy or potential biases next to impossible.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM Digital Member, you’ll receive:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.