This really reminds me of the three little pigs and who's house survived the huffs and puffs of the wolf. I am pretty sure his house was not built out of wood. He was probably also the rich pig in the family ;)
The problem with many homes is poor location, poor choice of construction material and poor choice of architecture. We need to respect the potential fury of Mother Nature when she decides its time to remind everyone of her presence, and build accordingly.
The first thing you do is not build your house on a spit, something which is very volatile in terms of land. Neither should you build on flood plains. If you know there is some chance of hurricanes, then concrete is going to be the better building material. We can see in Japan the buildings that survived the tsunami were all built out of concrete or on higher ground. We also learnt in Thailand that you are better off putting mangroves than house on a beach front. In terms of architecture stilted homes make more sense, in flood prone areas since they will be above the flood level and therefore the damage, if any, will be much reduced.
One construction approach I had thought about as a compromise would be in a typically wooden house, was a raised concrete core, where people cold hide and keep the most precious possessions. The idea being even with damage to the outer structure, they would be above the food level and within a structure that stands a better chance of survival.
All that said, I believe we should be regulating building and insurance to discourage people building the wrong type of housing in the wrong geography, since in the end the tax payer pays every time.