What are the potential for using financial incentives and market-based mechanisms to encourage responsible land use and development practices in sinkhole-prone areas of Florida?

Feb 11, 2025 ... Sinkholes are common in Florida, largely due to the limestone, dolomite and other types of porous rock underlying much of the state, ... The results of this study confirm that global warming related to climate change has led to an increase in sinkhole collapse events in Florida over the past 50 ... ... what causes these sinkholes. The 3D model may help engineering companies become more efficient in predicting the projected amount of volume to stabilize a ... Mar 10, 2020 ... In 2009, the average sinkhole claim cost Florida insurance companies over $86,000 for cracked driveways, walls, and foundations. In that year, ... Aug 15, 2013 ... While acid in the water itself is what causes the limestone under much of Florida to dissipate and create the holes, the water also acts as a ... States that are most prone to sinkholes are Florida, Texas, Alabama, Missouri, Kentucky, Pennsylvania, and Tennessee. What causes a pool to leak? There are ... (j) “Sinkhole loss” means structural damage to the covered building, including the foundation, caused by sinkhole activity. Contents coverage and additional ... Aug 22, 2014 ... Many collapse events we see in the news are related to our aging infrastructure and are caused by leaky sewers, storm drains, and water mains,” ... Mar 13, 2013 ... Sinkholes have always been a part of Florida life, mainly because of geological conditions that allow groundwater to dissolve subterranean limestone. Feb 8, 2025 ... Other causes of the out-of-control insurance premiums include a growing epidemic of ground cover collapse and sinkholes in south Florida, as ...