More than half of the U.S. population resides in a county that is likely to experience stormwater system failure due to flooding from heavy rainfall events, according to a new report published by First Street Foundation. Another 17.7 million properties …
The U.S. Army Corps of Engineers is known for damming rivers and building levees to keep waterways at bay. But a new initiative seeks natural flood control solutions as climate change brings increasingly frequent and severe weather events that test …
The Tennessee Department of Commerce & Insurance (TDCI) is raising awareness of recent changes to the National Flood Insurance Program (NFIP) that it says will raise flood insurance premiums for some Tennessee flood insurance consumers while for others, premiums will …
South Texas officials say they are worried about flooding during the hurricane season starting June 1 from breaches in a levee system that remain after border wall construction was halted. Hidalgo County Judge Richard Cortez told Border Report that there …
Florida Governor Ron DeSantis declared a state of emergency Saturday after a significant leak at a large pond of wastewater threatened to flood roads and burst a system that stores polluted waters. Officials in Florida ordered more than 300 homes …
If the nearly 4.3 million residential homes (1-4 units) across the country with substantial flood risk were to be insured through the National Flood Insurance Program (NFIP), the NFIP rates would need to increase 4.5 times to cover the risk …
Failure to rein in climate change and bolster sea defenses could jeopardize up to a fifth of the world’s economic output by the end of the century, as flooding threatens coastal countries worldwide, according to a study released on Thursday. …
We now live in a world where climate gentrification exists: People and institutions are starting to assess and appraise properties based on their susceptibility to climate impacts. The idea was largely hypothetical as recently as 2016, but over the past …
The threat of sea-level rise should force policymakers to rethink policies that encourage development in flood-prone regions. One place to start is with the National Flood Insurance Program (NFIP), according to the Washington, D.C. free market think tank R Street. …
David Burt helped two of the protagonists of Michael Lewis’ book The Big Short bet against the U.S. mortgage market in the run-up to the 2008 financial crisis. Now he’s betting against the market again, but this time, the risk …
