Eric Berger, the Houston Chron’s SciGuy has a Q&A up with David Paulison, the current FEMA chief. There are some interesting things in there:
Q. At some point do you advise someone in the federal government that programs like federal flood insurance should be revisited?
A. We need to re-look at the whole flood insurance program itself. How we provide flood insurance, what we’re going to charge for it, what requirement we’re going to have to get flood insurance. I don’t have all the answers for that right now, I can tell you that.
From what I’ve seen, the main problem is that NFIP is not allowed to be a true insurance market because political interference from Congress will not allow NFIP to charge actuarially-sound rates. Maybe Mr. Paulison is just being demure in not wanting to poke at Congress in describing the true problem here, but if he’s not going to do it who is?
What really catches my eye in the interview, though, is the last question and answer:
Q. Is there a particular disaster scenario that keeps you up at night?
A. What keeps me up at night is a category-4 or 5 coming into this area (New Orleans.) It really does. We could talk about the terrorist issues, with the nuclear bombs, or pandemic flu, but we know we’re going to have hurricanes. We’ve got so many people in travel trailers, so many people in mobile homes, an area that the infrastructure is so fragile. For another category-4 or 5 storm to come in here would be devastating for this entire country. That keeps you awake at night.
There it is. You need no other evidence that FEMA is still fighting the last war. I sincerely hope that FEMA is being a lot more forward thinking than just worrying about another hurricane hit on New Orleans. Just to bring up one example, the next earthquake in LA or SF that rivals the shaking of the 1906 San Francisco quake is projected to do $200 billion in damage, roughly double what Katrina brought to New Orleans.