Agree with you on infrastructure and more importantly the dollar adjustment. CPI is a nice handy tool for things that could damage the basket of goods in conta

Agree with you on infrastructure and more importantly the dollar adjustment. CPI is a nice handy tool for things that could damage the basket of goods in contained in the CPI but it's wildly inappropriate for weather disasters because the weather disasters primarily cause damage to capital infrastructure rather than consumer goods. Case-Schiller, M3, or DOW, S&P 500, would be much better numbers to use for adjusting damage to capital infrastructure. Even then it's kind of a crap shoot as none of those price indexes really accurately reflects the kinds of property damaged by weather.