Florida sustained less building damage than other states hit by Hurricane Katrina because of a tougher construction code, a modeling firm study has found.
The findings were made by Risk Management Solutions (RMS) in a report on the storm and the issues that will determine the final outcome of the insurance industry's losses from the storm.
RMS' study, titled, "Hurricane Katrina: Profile of a Super Cat, Lessons and Implications for Catastrophe Risk Management," reviews Katrina's path of destruction and analyzes the losses resulting from the storm. It is online at www.rms.com.
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