Federal flood insurance carries 2 moral hazards – which you face depends largely on how wealthy you are
Subsidized flood insurances lowers the cost of living in coastal waterfront homes at high risk of flooding.
Tag: Risk Rating 2.0
As Trump mulls his FEMA pick, a political land mine awaits in Florida
The agency is hiking insurance rates and punishing flood-prone construction in the president-elect’s favorite state.
FEMA is making an example of this Florida boomtown. Locals call it ‘revenge politics’
As the Biden administration tries to punish Lee County for rebuilding flood-prone homes, Republican politicians are fighting back.
As Hurricane Idalia made crystal clear, we must invest in disaster mitigation
Data shows that every dollar invested in pre-disaster mitigation can save up to $13 in federal spending.
FEMA flood insurance rates show little or no increase for Florida policyholders
By Lisa Miller April 1st marks the final rollout of the National Flood Insurance Program’s (NFIP) new rate changes, and ...
Big changes to the National Flood Insurance Program are going to mean higher premiums for most Floridians
By Shana Udvardy, Union of Concerned Scientists If you’re a homeowner or thinking of buying a home in Florida, you ...
The National Flood Insurance Program soon will start using a new risk-assessment method
By Amanda Bryant, Associate in National Flood Insurance The National Flood Insurance Program’s (NFIP) new rating methodology, Risk Rating 2.0, ...
“America has a ‘resilience deficit’; Will FEMA’s Risk Rating 2.0 help or hurt?
By: Albert J. Slap, President, Coastal Risk Consulting The U.S. sustained 298 weather and climate disasters since 1980, where overall ...