Reinsurers weigh-in on federal flood insurance changes
Fort Lauderdale will need $1.6 billion to stave off future floods, FEMA’s new flood maps include parts of Clearwater for the first time, and reinsurers meet with the FEMA Review Council in pursuit …
Plus, Florida’s comprehensive flood assessment plan
Ft. Lauderdale considers raising roadways as a last-ditch effort to alleviate chronic flooding, a new “Flood Hub” will soon assess flood vulnerability for every piece of vital infrastructure in Florida, and there’s a new …
Plus, the flood insurance disconnect
A new bill that would allow monthly payments of NFIP premiums is floated by Florida Senator Rick Scott, Ft. Lauderdale shatters the annual rainfall record by nearly double, and a Chubb survey of insurance brokers …
Big increases for the most risky homes
In our last newsletter we reported that FEMA had just released more data on the National Flood Insurance Program’s (NFIP) Risk Rating 2.0: Equity in Action, its new model for better pricing …
FEMA releases data on Risk Rating 2.0
Local officials decide against direct payments to households impacted by the historic April Broward County flooding, the National Flood Insurance Program is again pitching a plan for multi-year reauthorization, and while Congress wants …
Local officials consider another $5,000 per household
Federal disaster money is on the way to help Broward County’s recent record flooding with a potential local supplement now being discussed as well, new money is released to help stormwater and wastewater …
Plus, another condo building evacuation
Florida asks for a federal disaster declaration for the Ft. Lauderdale flooding, another condominium building deemed structurally unsafe is ordered evacuated, and a sneak peek at the forecast for the upcoming Atlantic hurricane season. It’s …
FEMA to visit this week
While schools are reopening today, some roads are still flooded this morning in Ft. Lauderdale and power still being restored, with FEMA planning to visit this week to do a formal damage assessment following last …