Lenders With the Best Climate Data Will Be in a Position to Discriminate: Viewpoint June 26, 2020 By Kate Mackenzie, Bloomberg Opinion We now live in a world where climate gentrification exists: People and institutions are starting to assess and appraise properties...
Think Tank Urges Flood Insurance Program to Stop Enabling Building in High Risk Areas February 20, 2020 The threat of sea-level rise should force policymakers to rethink policies that encourage development in flood-prone regions. One place to...
Investors Betting Against U.S. Mortgage Market Are Banking on Mispriced Flood Risk October 3, 2019 By Kate Duguid David Burt helped two of the protagonists of Michael Lewis’ book The Big Short bet against the U.S. mortgage market...
Lack of FEMA Levee Approval Would Leave Southern Illinois Village at Risk August 12, 2019 The fate of a Mississippi River levee that’s awaiting a decision on federal accreditation could put a southern Illinois village...
Scientists Vow to Report Flood Risk for Every U.S. Property for Free June 14, 2019 In a major research undertaking, a group of scientists and a technology nonprofit technology organization have set a mission to...
Verisk Product Scores Properties on Flood Risk; Could Replace Outdated Flood Maps October 23, 2018 By Andrew G. Simpson Data analytics firm Verisk is touting the launch of WaterLine, an underwriting tool that scores flood risk for all properties...
29 Million Flood Risk Properties Lie Outside Official Flood Zones: CoreLogic December 6, 2017 An estimated 23 percent of residential and commercial properties in the U.S. are at high or moderate risk of flooding...
NOAA: North Dakota at Highest Risk for Spring Flooding March 16, 2017 Northern North Dakota – the Souris River, Devils Lake and the northernmost reaches of the Red River – has the...
How Flood Risk in U.S. Is Changing: Increasing in North, Decreasing in South December 30, 2016 The risk of flooding in the United States is changing regionally, and the reasons could be shifting rainfall patterns and...
City in Virginia Proposes Changes to Flood Insurance Rate Maps November 15, 2016 Norfolk officials are urging residents to take notice of proposed changes to federal flood insurance rate maps in the wake...