“Hurricane Katrina helped to feed the floodwaters that were created in Houston in the aftermath of Hurricane Rita, but it also left a lot of damage in its wake.
Now we’re seeing a lot more of that, as we are seeing water gushing into neighborhoods,” said David Buell, who leads the Department of Housing and Urban Development’s Flood Recovery and Mitigation program.
“So we’re getting a lot from Katrina, but the water is also flowing into neighborhoods.”
A new report from the University of Houston says the city’s flood insurance claims rate has doubled in the last decade, which is partly due to the flood that devastated the city in 2005.
The flood insurance rate has increased to nearly $1 billion a year in 2018, up from $1.6 billion in 2018.
The city now claims about $1,000 in flood insurance for every $1 it collects in property damage, which helps to pay for flood insurance, but is far below the $2,000 per $1 claimed rate in the 1980s.
The new study, released Tuesday by the Houston Flood Insurance Authority, looked at the history of flood insurance in the Houston area over the last five decades.
The study found that since 1990, there have been 2,972 flood claims, a 40 percent increase.
That’s a decrease from the 4,058 claims filed in 1990.
A major factor in the flood insurance boom is the expansion of private flood insurance.
In 2010, the federal government provided $2.2 billion in flood risk management assistance to counties.
Now that flood insurance is available to residents, more states have joined the flood industry, creating new flood insurance policies and adding policies to the mix.
The report found that private flood insurers now cover an average of 4.8 percent of flood claims in Houston, up 5.6 percent from the previous year.
The federal government also provided about $5 billion in disaster relief funds to flood counties.
That money will help offset the loss of flood losses caused by Katrina.
In 2018, Texas spent about $7.5 billion on flood insurance and property damage insurance, according to the state’s latest flood insurance report.
That amount will rise to $10.3 billion in 2019.
The agency’s report also found that flood damage claims were up almost 26 percent from 2017, though that rate has since declined to 5.4 percent.
That may be because more of the damage caused by flooding has been repaired.
The Houston Chronicle reports that a Houston City Council committee approved a plan to add about 10 percent more flood insurance coverage to the city.
Meanwhile, the National Weather Service is forecasting that Hurricane Irma could hit the Gulf Coast in the next couple of weeks.
The hurricane, which has already been moving northward, could make landfall near Pensacola, Florida on Sunday.
Hurricane Irma is a Category 3 hurricane and is expected to pass over the Florida Keys in about a day, potentially bringing severe flooding, damage to roads, power outages and power outage warnings.
Hurricane Irma is expected over the Gulf of Mexico on Sunday, Sept. 8, 2018, and will hit the Florida Panhandle on Sunday afternoon.
For more on Hurricane Irma, watch the NBC affiliate in your area: Hurricanes, tornadoes and flooding are coming.
“This is a very large storm that we haven’t had in a while,” Buella said.
“There are lots of things we don’t know.
We just don’t have any real idea what is going to happen.”
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