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In the wake of the devastation of Hurricane Harvey, and now Hurricane Irma, the topics of preparedness, land-use regulations, and catastrophic insurance are coming to the fore and signaling a need for change as we try to learn from these two catastrophic storms.

Wharton School professors Howard Kunreuther and Robert Meyer, co-directors of the school’s Risk Management and Decision Processes Center, along with Wharton legal studies and business ethics professor Eric Orts, who is Wharton’s director of the Initiative for Global Environmental Leadership, recently visited the Knowledge@Wharton show on SiriusXM channel 111 to talk about how this year’s active hurricane season can become a platform for change.

This article, which appeared on the Knowledge@Wharton website, digs into the key points from their discussion on the fallout from Hurricane Harvey and roles the public and private sectors should play when it comes to managing the risks from floods.Wharton faculty discuss the fallout from Hurricane Harvey and what role the private and public sectors should play when it comes to managing the risks from floods.Wharton faculty discuss the fallout from Hurricane Harvey and what role the private and public sectors should play when it comes to managing the risks from floods.Wharton faculty discuss the fallout from Hurricane Harvey and what role the private and public sectors should play when it comes to managing the risks from floods.

The full podcast is also available here.

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