Flood Insurance
Publications
The Federal Emergency Management Agency (FEMA) has been under fire for years for its management of the National Flood Insurance Program (NFIP), which is the nation’s principal source of flood…
From E&E News:
The bipartisan measure has the backing of the Pew Charitable Trusts, the National Association of Mutual Insurance Companies, the Natural Resources Defense Council and the R…
From U.S. Congressman Andy Barr:
The bill is supported by Pew Charitable Trusts, National Association of Mutual Insurance Companies (NAMIC), Natural Resources Defense Council (NRDC) and R Street…
From Alera Group:
That was largely because the maps used to classify flood zones took into consideration neither the development of land that once served as a natural sponge nor climate change…
From RealClearPolicy:
Key Points
1) Many policies, like the National Flood Insurance Program (NFIP), are ironically incentivizing people to put themselves and their property at higher risk.
2)…
When hurricanes or major storms strike the United States, most of the media coverage focuses on how climate change is exacerbating the intensity and frequency of major storms. But even as these…
WASHINGTON (March 17, 2021)—The value of coastal property continues to rise despite the increasing risk from extreme weather events. The current annual economic impact from hurricanes and…
Executive Summary
The value of property at risk from extreme weather events, particularly on coastal lands, is rising. The current annual economic impact from hurricanes and storm-related flooding…
From WHRO:
As a result, the NFIP currently pays out more in claims than it receives in premiums. The program is now saddled with more than $20 billion in debt.
From Insurance Journal:
Given the threat of sea-level rise, NFIP policymakers should rethink policies that encourage development in flood-prone regions, according to the Washington, D.C. think…