With tens of thousands of residents displaced and some parts of Texas receiving over 30 inches of rain and Category 4 wind speeds, Hurricane Harvey is the worst storm to have hit the US in 10 years. Large areas of the urban landscape and residential areas in the southern state have been inundated, prompting an unprecedented rescue effort.
As such, loss estimates vary widely whilst risk modelling agencies and analysts attempt to assess the impact from the storm and ongoing flooding in Texas. Many of these loss estimates focus on the actual hurricane, rather than the impact of continuous torrential rain, and are likely to range from the low billions to $20 billion. Read the full story here.
Comment from Thornton Tomasetti:
“We are monitoring Hurricane Harvey as it approaches Texas. We anticipate storm surge with significant rains, but it remains unclear what effect the wind component will add. As the storm continues to develop, we will better understand and adjust our response preparations. The storm surge is expected to be life-threatening and could reach from 6 to 12 feet above ground level. And because it is expected to remain onshore for a prolonged period, flooding conditions could persist for some time. Rainfall is expected to cause catastrophic flooding over a wider area, with up to 35 inches forecast by NOAA to fall over parts of the Texas coast and beyond. Our CAT response teams are preparing to assist in Harvey’s aftermath. Contact our team leaders for more information on the conditions on the ground and our availability to provide technical support for damage to affected buildings, infrastructure, petrochemical facilities, equipment and machinery.”
Contact our response team leaders for assistance:
Nick Saenz, Dallas, 214.846.4056;
Zach Kates, Austin, 202.641.1971;
Bruce Arita, Los Angeles, 310.367.9302