Once upon a time, the property/casual sector looked at private flood insurance was considered the "impossible dream." Most private insurers felt there would never be a market for residential flood insurance....
Shortly after Hurricane Dorian passed brushed the North Carolina Coast, The News & Observer hosted a group of experts to discuss what can be done to prevent the damage caused by this storm. Erin Carey, N.C. Sierra Club’s coastal conservation coordinator was asked by...
FEMA's National Flood Insurance Program (NFIP) has one major problem, while areas like the Federal Reserve's 9th District have significant enrollment, the bulk of the nation chooses not to take advantage of it. FEMA began releasing masses of data that included this finding along with...
In order of rainfall, Florence dumped 30 inches, while Imelda and Harvey both produced 40 inches of rain. With man-made climate change, these epic storms continue to be more frequent and growing in size and damage. In order of rainfall, Florence dumped 30 inches, while...
On September 29th, 2019, President Trump signed the 30th sixty-day extension to the National Flood Insurance Program (NFIP) as it was set to expire on September 30th. Meanwhile, the program continues to be plagued with maps that are forty years old and of little use...
Until recently, the average homeowner was unaware that their homeowners' insurance policy did not cover damage caused by flooding. You must have either a rider or separate flood policy that covers flooding resulting from water that runs on top or under the ground. In 1968 the...
Back in April as Hurricane Irma dumped rain on Florida, the retention ponds located at the corner of State Road 108 and Kirkman Rd. overflowed causing flooding the Orla Vista neighborhood. This is just one example of how the recent spate of hurricanes, tropical storms and...
In mid-September, Tropical Depression Imelda did the unthinkable dumping over forty inches of rain in Southeast Texas just to the east of Houston. The water damaged hundreds of homes and over 1,000 people had to be rescued from flooded homes, reminding many of the damage...
The Trump administration has unveiled one of the biggest overhauls of the National Flood Insurance Program (NFIP) in its history. Many climate advocates believe the changes will encourage communities to become better prepared for weather extremes. However, the changes may also drive costs up for...
After an extended period of absence, the private sector is finally beginning to offer flood insurance, in the hopes that the percentage of homeowners who purchase flood insurance up and out of the single digits....