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					                    <h1 class="story-h gn-speakable-title">Harvey damage: What’s happened so far and what to expect</h1>
										
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		<div class="fe-embed-caption"><p><strong>WATCH: Rockport, Texas may have been the hardest hit by Hurricane Harvey with severe damage and flooding throughout the city.</strong></p></div><div id="gnca_sponsored_small_otf_ad_single_page" class="sponsored sponsored-small-otf" style="display:none;">
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    	<p>As tropical storm <a href="http://www.globalnews.ca/tag/hurricane-harvey">Harvey</a> continues ravaging 18 counties across Texas, the cost of recovery and damage continues to rise.</p><p>Several reports are claiming that the total cost of the storm, including damage, government assistance, insurance claims and long-term impacts on other areas of the economy, could reach tens of billions of dollars.</p>	<div class="story-ad-read-more"><a href="javascript:void(0);">Story continues below</a></div>
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			READ MORE: 			<a href="https://globalnews.ca/news/3700952/hurricane-harvey-dramatic-images-and-video-capture-catastrophic-flooding-in-texas/" target="_blank">
				Hurricane Harvey: Dramatic images and video capture catastrophic flooding in Texas			</a>
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	<p>On top of this, a report from <a href="https://www.bloomberg.com/news/articles/2017-08-27/harvey-s-cost-reaches-catastrophe-as-modelers-see-many-uninsured" target="_blank" rel="noopener">Bloomberg </a>states less than a third of these losses are likely to be covered by insurance. Typical insurance policies cover wind but not flooding, Bloomberg reported on Monday.</p><p>&#8220;If your daily expectation is not to get flooded, you probably would have either no or minimal flood insurance,&#8221; explains John C. Mutter, author of <em>The Disaster Profiteers: How Natural Disasters Make The Rich Richer And The Poor Even Poorer. </em>Mutter is also a professor in the department of Earth and Environmental Sciences at Columbia University.</p>			<section>
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				<h4>Texas Sheriff assists with rescue of man stuck in eight feet of water from Harvey floods</h4>
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						<h5>Texas Sheriff assists with rescue of man stuck in eight feet of water from Harvey floods</h5>
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<div class="time-submitted"><span class="icon icon-clock-grey"></span><span>01:18</span></div>
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						<h5>Amateur video shows parts of Houston underwater from Harvey flooding</h5>
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<div class="time-submitted"><span class="icon icon-clock-grey"></span><span>02:17</span></div>
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						<h5>Houston mayor discusses decision not to evacuate ahead of Hurricane Harvey</h5>
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<div class="time-submitted"><span class="icon icon-clock-grey"></span><span>00:44</span></div>
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						<h5>&#8216;All hands on deck&#8217; for recovery phase of Harvey: Houston mayor</h5>
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	<a class="video-thumb video-title-link" href="https://globalnews.ca/video/3700635/is-hurricane-harvey-trumps-first-real-test-as-president" title="Is Hurricane Harvey Trump’s first real test as President?" data-vid_id="3700635">
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<div class="time-submitted"><span class="icon icon-clock-grey"></span><span>02:57</span></div>
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						<h5>Is Hurricane Harvey Trump’s first real test as President?</h5>
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			<p>Mutter explains unprecedented rainfall in Texas is causing most of the damage.</p><p style="margin-bottom:13.5pt;background:white;">&#8220;The thing that seems to be unprecedented is the rainfall. In terms of wind speed, things like storm surge and the category of the storm, there’s nothing unusual about that, but it has brought enormous amounts of rain and that’s what’s unprecedented,&#8221; Mutter said.</p><p>Parts of the state have received more than 100 centimetres of rain with more predicted over the next few days.</p>			<section>
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				<h4>Houston city officials say situation around Harvey is still very dangerous</h4>
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<div class="time-submitted"><span class="icon icon-clock-grey"></span><span>04:58</span></div>
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						<h5>Houston city officials say situation around Harvey is still very dangerous</h5>
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<div class="time-submitted"><span class="icon icon-clock-grey"></span><span>01:43</span></div>
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						<h5>Hurricane Harvey leaves seniors stranded in waist-deep water at nursing home</h5>
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<div class="time-submitted"><span class="icon icon-clock-grey"></span><span>02:31</span></div>
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						<h5>Drone video shows devastation in Aransas Pass caused by Hurricane Harvey</h5>
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<div class="time-submitted"><span class="icon icon-clock-grey"></span><span>02:11</span></div>
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						<h5>Hurricane Harvey&#8217;s impact felt by Albertans</h5>
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<div class="time-submitted"><span class="icon icon-clock-grey"></span><span>01:20</span></div>
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						<h5>Hurricane Harvey expected to force more evacuations</h5>
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<div class="time-submitted"><span class="icon icon-clock-grey"></span><span>01:44</span></div>
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						<h5>Sights and sounds of Hurricane Harvey</h5>
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<div class="time-submitted"><span class="icon icon-clock-grey"></span><span>01:34</span></div>
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						<h5>The aftermath of Hurricane Harvey</h5>
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			<p>Mutter warns that while the storm and intense flooding continue in Texas, it&#8217;s unclear just how costly this storm will prove to be.</p><p>&#8220;If anything’s normal it’s that people make estimates right around now that are usually woefully wrong, proved in the future. What you often hear, which is relatively accurate is an estimate from the insurance industry because they tend to know what sort of assets they have insured and what sort of losses they might encounter. That typically will not include public infrastructure, roads and bridges and the like.&#8221; Mutter explained.</p>		<p>
		<strong>
			READ MORE: 			<a href="https://globalnews.ca/news/3700079/hurricane-harvey-houston-flooding/" target="_blank">
				Battered by Hurricane Harvey, Houston braces for even more flooding			</a>
		</strong>
		</p>
	<p>Since the storm approached last Friday, several different estimates have been released. Insurers predicted that it could cause billions of dollars in insured losses, though that estimate has been reduced to an estimated $10 billion in flood insurance losses and over $2 billion in wind-related losses, meteorologist at the BMS Group <a href="https://www.cnbc.com/2017/08/28/texas-flood-damage-from-harvey-may-match-katrina-insurance-group.html" target="_blank" rel="noopener">Andrew Siffert told CNBC</a>.</p><p>A separate report from Reuters stated that losses from wind and storm surge (the ocean rising and flooding the city), would likely amount to between $1.2 billion and $2.3 billion.</p>			<section>
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				<h4>Houston under water as Tropical Storm Harvey floods city</h4>
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<div class="time-submitted"><span class="icon icon-clock-grey"></span><span>03:33</span></div>
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						<h5>Houston under water as Tropical Storm Harvey floods city</h5>
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	<a class="video-thumb video-title-link" href="https://globalnews.ca/video/3699716/houston-mayor-emergency-officials-update-historic-flooding-crisis-in-wake-of-hurricane-harvey" title="Houston mayor, emergency officials update &#8216;historic&#8217; flooding crisis in wake of Hurricane Harvey" data-vid_id="3699716">
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<div class="time-submitted"><span class="icon icon-clock-grey"></span><span>16:23</span></div>
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						<h5>Houston mayor, emergency officials update &#8216;historic&#8217; flooding crisis in wake of Hurricane Harvey</h5>
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<div class="time-submitted"><span class="icon icon-clock-grey"></span><span>01:06</span></div>
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						<h5>TV news crew helps rescue stranded truck driver during Tropical Storm Harvey</h5>
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<div class="time-submitted"><span class="icon icon-clock-grey"></span><span>01:43</span></div>
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						<h5>Houston residents wade through waist high water after Harvey</h5>
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<div class="time-submitted"><span class="icon icon-clock-grey"></span><span>01:33</span></div>
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						<h5>Heavy rains flood Texas after being hit by Hurricane Harvey</h5>
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<div class="time-submitted"><span class="icon icon-clock-grey"></span><span>03:40</span></div>
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						<h5>Incredible raw video captures full force of Hurricane Harvey as it hits Fulton, TX</h5>
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												<a class="video-thumb" href="https://globalnews.ca/video/3698712/hurricane-harvey-hits-texas-coast-with-category-4-ferocity" title="Hurricane Harvey hits Texas coast with category 4 ferocity" data-vid_id="3698712"
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				<img src="https://i2.wp.com/media.globalnews.ca/videostatic/368/646/SAT_GN_HARVEY_INES_260817_848x480_1033326147694.jpg?w=300&#038;quality=70&#038;strip=all" alt="Hurricane Harvey hits Texas coast with category 4 ferocity">
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	<a class="video-thumb video-title-link" href="https://globalnews.ca/video/3698712/hurricane-harvey-hits-texas-coast-with-category-4-ferocity" title="Hurricane Harvey hits Texas coast with category 4 ferocity" data-vid_id="3698712">
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<div class="time-submitted"><span class="icon icon-clock-grey"></span><span>01:55</span></div>
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						<h5>Hurricane Harvey hits Texas coast with category 4 ferocity</h5>
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			<p>Reuters adds that the cleanup and recovery costs of the hurricane-turned-tropical-storm Harvey will likely not reach the levels or hurricanes Katrina or Sandy, the total insurance losses of which came out to $80 billion and $36 billion respectively.</p>			<section>
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				<h4>Tugboat takes on Hurricane Harvey head-on</h4>
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<div class="time-submitted"><span class="icon icon-clock-grey"></span><span>00:50</span></div>
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						<h5>Tugboat takes on Hurricane Harvey head-on</h5>
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<div class="time-submitted"><span class="icon icon-clock-grey"></span><span>01:25</span></div>
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						<h5>Louisiana Gov. says rain bands from Hurricane Harvey could bring more tornadoes</h5>
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<div class="time-submitted"><span class="icon icon-clock-grey"></span><span>00:45</span></div>
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						<h5>Downed trees, power lines among the damage in Rockport, TX as Hurricane Harvey hits</h5>
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<div class="time-submitted"><span class="icon icon-clock-grey"></span><span>00:52</span></div>
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						<h5>Woman and her dogs rescued from flooding during Hurricane Harvey</h5>
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												<a class="video-thumb" href="https://globalnews.ca/video/3698397/texas-governor-warns-of-further-flooding-after-hurricane-harvey" title="Texas governor warns of further flooding after Hurricane Harvey" data-vid_id="3698397"
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<div class="time-submitted"><span class="icon icon-clock-grey"></span><span>00:34</span></div>
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						<h5>Texas governor warns of further flooding after Hurricane Harvey</h5>
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												<a class="video-thumb" href="https://globalnews.ca/video/3698307/texas-town-devastated-after-being-hit-by-hurricane-harvey" title="Texas town devastated after being hit by Hurricane Harvey" data-vid_id="3698307"
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<div class="time-submitted"><span class="icon icon-clock-grey"></span><span>01:02</span></div>
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						<h5>Texas town devastated after being hit by Hurricane Harvey</h5>
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												<a class="video-thumb" href="https://globalnews.ca/video/3698298/police-save-man-stuck-in-the-flood-after-hurricane-harvey" title="Police save man stuck in the flood after Hurricane Harvey" data-vid_id="3698298"
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<div class="time-submitted"><span class="icon icon-clock-grey"></span><span>01:05</span></div>
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						<h5>Police save man stuck in the flood after Hurricane Harvey</h5>
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			<p>At its peak, Harvey reached Category 4, which, according to the <a href="http://www.nhc.noaa.gov/aboutsshws.php" target="_blank" rel="noopener">Saffir-Simpson scale</a>, should cause &#8220;wall failures and roof collapses on small homes, and extensive damage to doors and windows. Complete destruction of some homes, especially mobile homes. Power outages will last for weeks to possibly months. Major coastal flooding damage. Most of the area will be uninhabitable for weeks or months.&#8221;</p><p>Two 2004 storms were Category 4: Hurricane Ivan, which made landfall near Gulf Shores, Ala., and Hurricane Charley, which hit the Florida Gulf Coast near Fort Myers. Charley killed at least 21 people and left thousands homeless. The total U.S. damage was estimated to be near $15 billion. Hurricane Ike in 2008 was a Category 2 storm that resulted in $13 billion in losses.</p>		<p>
		<strong>
			READ MORE: 			<a href="https://globalnews.ca/news/3698981/hurricane-harvey-2-dead-sheriff-death-toll-could-rise/" target="_blank">
				Tropical Storm Harvey causing catastrophic flooding in Houston, thousands flee homes			</a>
		</strong>
		</p>
	<p>After hitting Texas on Friday, Harvey was quickly <a href="https://globalnews.ca/news/3695478/hurricane-harvey-category-2-storm/" target="_blank" rel="noopener">upgraded from a Category 1 storm to a Category 4,</a> and has since been downgraded to a tropical storm. Certain regions have been hit particularly hard, for instance, Houston, where citizens weren&#8217;t evacuated as they were in other regions.</p><p>So far, the worst damage appears to be in the coastal city of Rockport with a population of 10,000 that sat directly in Harvey&#8217;s path. In addition to homes, businesses, and schools being heavily damaged or destroyed, power poles have been toppled and wood frames from ripped-part houses are scattered along Route 35.</p>		<p>
		<strong>
			READ MORE: 			<a href="https://globalnews.ca/news/3698822/hurricane-harvey-rockport-texas/" target="_blank">
				Hurricane Harvey devastates small town of Rockport, Texas			</a>
		</strong>
		</p>
	<p>In the aftermath of this destruction, Mutter predicts that the poorer areas hit by the storm will experience the hardest time getting back on their feet, which was also the case with Hurricane Katrina.</p><p>&#8220;What you should look for is much the same thing as what happened in Katrina. There are parts of Houston that are quite poor, and probably the housing there is more fragile than in other parts where people are wealthier and better insured. It may mirror New Orleans in that parts of town will come back quickly and other parts will come back very slow. Individuals and structures that are insured come back very quickly,&#8221; Mutter said.</p>	
		
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