May 14, 2018, 12pm PDT
In Houston, investors are snapping up damaged homes that will be dependent on flood insurance.
December 15, 2017, 9am PST
Houston's most recent natural disaster is only the latest example of how a program created to help homeowners has been a greater benefit to the industries that profit from them.
September 18, 2017, 8am PDT
Having charged low rates during years of bumper development, the National Flood Insurance Program worked at cross-purposes with itself while development continued on.
September 2, 2017, 1pm PDT
Those were the words President Trump expressed before his first trip to Texas while Hurricane Harvey was ravaging Houston. But experts worry that the rebuilding won't be better due to the recision of an Obama-era environmental regulation.
April 18, 2017, 2pm PDT
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."
The New York Times Magazine
March 24, 2017, 11am PDT
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.
May 29, 2015, 10am PDT
Houston headlined the news of flooding this week, but swollen rivers rushed over their banks and onto roads and into homes all over the state of Texas this week. Is the state's infrastructure resilient enough for the effects of a changing climate?
October 13, 2014, 10am PDT
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.
New York Department of City Planning
March 10, 2014, 6am PDT
The National Flood Insurance Program is unable to keep up with the pace of storms and sea level rise since Hurricane Katrina in 2005 and is now $24 billion in debt. Why then, do the same houses receive repeated payouts?
January 30, 2014, 6am PST
With the National Flood Insurance Program deeply in debt, homeowners are struggling to afford new insurance rates resulting from legislation passed in 2012. The House could still block the Senate bill that would delay more rate increases.
October 16, 2013, 11am PDT
As a 2012 law aimed reforming the "increasingly unsustainable" National Flood Insurance Program goes into effect, some homeowners in coastal areas are seeing dramatic increases in their insurance rates. Lawmakers are pondering how to ease the pain.
November 28, 2012, 7am PST
In the "Room for Debate" section of The New York Times, five experts debate whether the federal government should continue to subsidize the cost of coastal reconstruction in the aftermath of storms.
November 2, 2012, 9am PDT
For anyone that's seen the shocking images of boardwalks ripped to shreds and homes and roller coasters now sitting in the ocean, its clear the Jersey Shore bore the brunt of Sandy. The debate has already begun as to whether the area should rebuild.
September 9, 2011, 12pm PDT
Half of the US population lives in coastal areas, but 100% of the population foots a portion of the insurance bill. And as storm event strength is trending upward with global warming, the inlanders are getting less excited about that payment stream.