Home The hard math of flood insurance in a warming world
 

Keywords :   


The hard math of flood insurance in a warming world

2013-10-05 16:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Time: Thousands of homeowners in flood-prone parts of the country are going to be in for a rude awakening. On Oct. 1, new changes to the National Flood Insurance Program (NFIP), which offers government-subsidized policies for households and businesses threatened by floods, mean that businesses in flood zones and homes that have been severely or repeatedly flooded will start going up 25% a year until rates reach levels that would reflect the actual risk from flooding. (Higher rates for second or vacation...

Tags: world hard insurance warming

Category:Electronics and Electrical

Latest from this category

All news

»
01.11US jobs growth slows as presidential election looms
01.11Eastern North Pacific Tropical Weather Outlook
01.11Atlantic Tropical Weather Outlook
01.11Sky Glass now available to buy at Currys
01.11House sales forecast to 'jump' ahead of stamp duty rise
01.11X Games chooses frequency to power sports FAST channel
01.11U.S. video streaming hits ceiling in Q3 2024
01.11Roku releases third quarter 2024 financial results
More »