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Most real estate locations are subject to a flood risk exposure. If the property is mortgaged witha lender, it is likely that flood insurance must be maintained on the property while it is financed.Flood insurance is typically available through commercial property insurance policies if theproperty is NOT located in a Special Flood Hazard or Coastal High Hazard area as designatedin the flood.

calculate the past, current and future flood risk of every U.S. property then distribute the data for free. A large percentage of FEMA flood maps are outdated – 11% are from the 1970s or 1980s – incomplete, and fail to take into account changing environmental conditions, said Steven McAlpine, the foundation’s head of data science.

High-tide flooding could have major impacts on the U.S. coastline and the millions who live there, a new report has found.. Over 300,000 Coastal U.S. Homes Could Flood Every Two Weeks Just 30.

Scientists Vow to Report Flood Risk for Every U.S. Property for Free E-Scooter Injuries on the rise; researchers urge helmet laws Want to stay up to date?

It might be time for carriers and agents to encourage their clients to buy coverage even if they’re not living and working inside a flood zone. Such an action is long overdue, according to insurance commissioners from Florida, South Carolina and Tennessee who spoke about the matter during a panel.

Reserve Bank cuts interest rates to historic low of 1.25 per cent Last month, the Reserve Bank of Australia cut the official interest rate to a historic low of 1.25 per cent. After a month of speculation, at their July meeting they have decided to cut rates again to 1% to a new record low. However, while a record low, the decision was not a surprise. Here’s what the experts have to say:

Flood-prone US states have billions of dollars of property at stake in the next 15 years – here’s where it will be worst. While climate change didn’t cause Harvey, scientists say a warmer planet likely made the storm worse. Plus, higher sea levels – due to climate change and human disruptions (like oil drilling) have changed the ocean and land levels – encouraged destructive flooding as the stormwater rose.

Fresno has some of the lowest apartment rents. It’s still not cheap for low-income renters Despite the Tower District and Cincotta being in close proximity, the latter is actually $27 more per year for our sample driver. It is not as significant a difference as we found in other cities, but still something to keep in mind when comparing auto insurance quotes in Fresno.

The findings reveal that every state along every coastline in. Scientists Vow to Report Flood Risk for Every U.S. Property for Free In a major research undertaking, a group of scientists and a technology nonprofit technology organization have set a mission to calculate the past,

The unpredictability of extreme weather events coupled with the expanding footprint of flood risk creates a challenge when developing solutions to address flood risk. However, the market opportunity is ripe for insurers looking to innovate. And Verisk is here to help.

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