© 2024 MICHIGAN PUBLIC
91.7 Ann Arbor/Detroit 104.1 Grand Rapids 91.3 Port Huron 89.7 Lansing 91.1 Flint
Play Live Radio
Next Up:
0:00
0:00
0:00 0:00
Available On Air Stations

Factories should have to buy 'blight insurance' says report

Long-disused factories, rotting warehouses, and weed-infested and abandoned gas stations plague many neighborhoods in Michigan cities like Flint, Saginaw, Detroit, and Muskegon. 

And when the original builder can't be found - or has declared bankruptcy - taxpayers are often left paying the bill to tear the dangerous structures down. 

Why not make companies buy  "blight insurance" policies to prevent that from happening in the future?  That's the proposal in a new report by Michigan State University researcher Rex LaMore.

He heads the University's Center for Community and Economic Development.

LaMore acknowledges comes a few decades late for the blight that infests cities now, "but hopefully we will have learned from that and offer our children and grandchildren an alternative future that doesn't continue this pattern of abandonment."

He says demanding companies buy blight insurance might also change their building practices to be more renewable, as well as their business practices, because insurance for a company that is creating a toxic waste situation would be more expensive than insurance for a company that is behaving in an environmentally responsible way.

Tracy Samilton covers energy and transportation, including the auto industry and the business response to climate change for Michigan Public. She began her career at Michigan Public as an intern, where she was promptly “bitten by the radio bug,” and never recovered.