July 21, 2006

Disasters and Deregulation

By TED STEINBERG

From a statistical perspective, our nation's recent hurricane problem comes down to a case of bad luck. Even though 32 major hurricanes developed in the North Atlantic from 1998 to 2003, only three reached the mainland in the United States. Then came two very active seasons that brought a record number of hurricanes. "We went from being very, very lucky to being very unlucky in 2004 and 2005," Phil Klotzbach, of Colorado State University's Tropical Meteorology Project, told The

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