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Ice dams dominate insurance claims during Chicago cold snap

For many homeowners in the Chicago area, this is the winter of the ice dam. The thick ridges of rooftop ice that can cause water to leak into a home account for most of the claims insurers are fielding after weeks of snow and cold. Those icy patches also have roofing companies scrambling.

FEMA flood insurance rates could spike for some, new study shows

Kyle Bagenstose, Dinah Voyles Pulver and Kevin Crowe, USA TODAY Published 9:45 pm UTC Feb. 23, 2021 With a major overhaul of the nation’s flood insurance program just months away, new data released Monday by the First Street Foundation suggests hundreds of thousands of homeowners in the riskiest locations across America could face massive rate hikes starting in October. The Brooklyn, New York-based research group estimates the average rate needs to more than quadruple on the nation’s most flood-prone homes under the ongoing effort to make the federal flood insurance program solvent and ensure homeowners most at risk are paying their fair share.

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