Over the last several weeks, many mainstream news media outlets have claimed that hurricanes are becoming more expensive, more frequent, and more intense because of climate change.

The Financial Times reported that "hurricane frequency is on the rise."

The New York Times claimed, "strong storms are becoming more common in the Atlantic Ocean."

The Washington Post said, "climate change is rapidly fueling super hurricanes."

ABC News declared, "Here's how climate change intensifies hurricanes."

Both the FT and N.Y. Times showed graphs purporting to show rising hurricane frequency using data from the U.S. government's National Oceanic and Atmospheric Administration (NOAA).

All of those claims are false.

The increasing cost of hurricane damage can be explained entirely by more people and more property in harm's way. Consider how much more developed Miami Beach is today compared to a century ago. Once you adjust for rising wealth, there is no trend of increasing damage.