Flood Insurance

A Hurricane's Impact on Houston Commercial Real Estate
Houston's commercial real estate market, including some 72,000 apartment units, has been severely impacted b Hurricane Harvey.

How the National Flood Insurance Program Sabotaged Itself
Having charged low rates during years of bumper development, the National Flood Insurance Program worked at cross-purposes with itself while development continued on.

Harvey Flooding Unlikely to Depress Houston's Housing Market
Vigorous continued demand for Houston homes left some realtors surprised after the city endured catastrophic flooding. For a lot of new construction, elevated homes may become the norm.
Louisville Approves More Stringent Flood Protection Rules for New Development
As the remnants of Hurricane Harvey headed for Louisville, city officials were approving new legislation that enacts more stringent development standards in areas in flood prone areas.

Insurance Industry Reacting as Flooding Moves From Risk to Certainty
Federal legislation and rising sea levels are changing the way homes are insured against flooding. According to this feature article, in fact, flood insurance "is serving as a kind of advance scout into a more difficult future."
Can Insurance Markets Jump-Start Resilience?
Risk-management experts are seeking creative ways to finance resilience investments that prevent damage from natural disasters. Insurance markets, with their direct stake in protecting homes and businesses, can be key partners in this effort.

Preparing Boston for Future Floods
Boston Mayor, Martin Walsh's, climate change plan is one of the most thorough in the country. The question remains: Will any of the plan be put into action?

Small Number of Repeatedly Flooded Properties Account for Much of Flooding’s Cost
New policies may be needed to encourage more responsible development and keep builders from constructing structures that will inevitably be flooded.

Reality Check: The Los Angeles River Can Still Flood
Sometimes it seems like it will never rain again in Los Angeles, but the river running through the city is still a significant flood risk.

Miami's Looming Climate Change Disaster
Many experts believe that a property crash, as a result of Hurricanes or sea level rise, on the coast of South Florida is inevitable. But that hasn't deterred the suppliers or the consumers in the Miami real estate market.
FEMA Proposes New Flood Maps: 450,000 More New York Houses Included
FEMA has been hard at work since Hurricane Sandy re-evaluating the risk of floods in New York. Newly proposed maps would cast a much wider net for flood risk on private property.
New York Department of City Planning Releases Flood Retrofitting Manual
As federal law shifts to address resilience in post-Hurricane Sandy New York, the Department of City Planning has released a new manual to help residents and landowners understand options for retrofitting their buildings to prepare for floods.
Global Insurance Firms offer Resiliency Tools to Climate Risk Cities
"Building Climate Resilience in Cities" was developed by global insurers and non profits to offer tools and technical assistance to urban areas facing development changes in response to climate change risks.
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