Rapidly climbing U.S. disaster costs tally more than just immediate property damage; they are becoming a huge burden on the mortgage market, leading to an increase in foreclosures. According to First Street Foundation’s 13th National …
The California wildfires could negatively impact homeowners insurance rates in Florida this year, Gallagher Re warns of a “new normal” for annual insured losses from catastrophes, plus the big pushback from the insurance …
AccuWeather predicts a “Supercharged September” as we enter the peak of hurricane season, data shows huge increases in extreme hurricane rainfall that could cost hundreds of billions of dollars, the U.S. Census is out with a new …
Wetlands permitting authority in Florida will return to the federal government for now, new high-tech storm-resistant homes are now being built in factories in South Florida, and there’s a renewed fight in Congress on …
Earlier this month, the National Association of Insurance Commissioners (NAIC) announced a countrywide coordinated effort known as the National Climate Resiliency Strategy for Insurance to help fortify state insurance markets and streamline data …
The U.S. Senate’s Budget Committee is joining the Treasury Department’s Federal Insurance Office in demanding climate information from property insurance companies and how those companies use it to determine the cost and availability of coverage. The …
Some Central Florida local governments are reviewing their stormwater infrastructure and practices following Hurricane Ian’s heavy flooding, Miami-Dade County is back to the drawing board on a potential multi-billion dollar federal flood project, and FEMA …
A new report shows federal flood maps are misleading property owners into believing they don’t need flood insurance, FEMA is making historic levels of funding available for community resilience projects, and NOAA is sharing its latest …
