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In Sandy's Wake, FEMA Re-Examines Flood Insurance Rates

2013-10-30 21:08:00| Climate Ark Climate Change & Global Warming Newsfeed

National Public Radio: When Sandy blew into East Coast communities a year ago, it was flooding that did the most damage. That's in part because the average sea level has risen over the past century - about a foot along the mid-Atlantic coast. That made it easier for the storm to push the ocean onto the land. And scientists say there will be many more Sandy-style storms - that is, torrential rain and wind that create heavy coastal flooding - and they'll be more frequent than in the past. But preparing people for that...

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Flood insurance rate spikes impacting Louisville home sales

2013-10-30 07:20:29| Real Estate - Topix.net

Federal changes are causing flood insurance premiums to skyrocket nationwide and they're already impacting home sales in Jefferson County.

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Flood insurance rate hikes shock the real estate market

2013-10-30 03:23:37| Real Estate - Topix.net

One potential home buyer is having second thoughts after learning their flood insurance rates will be more than $30,000 per year! WRIGHTSVILLE BEACH, NC From the beach all the way to Bladen County, we're learning more about a story that impacts people from all over the region.

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Bolivar homeowners faced with staggering flood insurance rate increases

2013-10-28 15:15:33| Real Estate - Topix.net

Staggering flood insurance rate increases could slow sales of older homes and possibly even lead to foreclosures for Bolivar Peninsula residents after adoption of a new federal law designed to rescue the federal flood insurance programs from financial straits.Homeowners on the peninsula hope legislation introduced in the U.S. Senate to amend the ... (more)

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Sandy exposed flood insurance failure

2013-10-27 15:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Aljazeera: It has been one year since Superstorm Sandy pounded ashore near Atlantic City, N.J., bringing death, destruction and massive flooding from heavy rainfall and coastal storm surge. Recovery continues, but often slowly and painfully. What is clear is that climate change and existing patterns of coastal development are raising risks of harm from major storms along our coasts. In order to face these dangers in a more resilient way, we must rethink how and where we rebuild. Reforming our current flood...

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