In the case of high-wind events, such as hurricanes, research shows that modern building codes can make a difference in reducing the amount of storm-related damage. Strong building codes reduce property damage, allow home and business owners to recover faster, help maintain the local economy, and reduce the amount of government disaster aid required.

The Insurance Institute for Business & Home Safety (IBHS) has released the second edition of the Institute's Rating the States report. The study assesses the progress of 18 hurricane-prone coastal states along the Gulf of Mexico and the Atlantic in terms of strengthening their residential building code systems since IBHS' original 2012 report.

[Related: Click for the full IBHS report findings: Ranked! Residential building codes in 18 hurricane-prone coastal states]

Continue Reading for Free

Register and gain access to:

  • Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
  • Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO 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.

Jayleen R. Heft

Jayleen Heft is the digital content editor for PropertyCasualty360.com. Contact her at [email protected].