Page 20 - Matthew Eby News Today

Feb. 22—If you live in Florida, you should probably be paying more for flood insurance. And you likely will be soon. That first finding is the conclusion of a new analysis by First Street Foundation, a nonprofit research group focused on climate impacts on property value, which found that the majority of Floridians face a higher flood risk than their insurance costs would indicate. The second ...

Cost of flood damage to U.S. homes will increase by 61% in 30 years

Listen • 4:25 Rainelle, W. Va. flooded in June 2016. Years later, the town still hasnt recovered. When large numbers of people dont have insurance or savings after a disaster, the effects can ripple through the community. Pastor Aaron Trigg was at home when the water arrived in Rainelle. It had been raining hard all day, filling the creeks and rivers that run through southern West Virginia. In the past, such intense downpours would last only a few hours, but this storm bro...

Over 4 million homes - concentrated in Florida, California, South Carolina and Texas - are at substantial risk but most are not required to have flood insurance, ...

If the nearly 4.3 million residential homes (1-4 units) across the country with substantial flood risk were to be insured through the National Flood

Flooding is the most costly natural disaster in the United States. As climate change increases the risk of flood damage, a new report finds that the country's National Flood Insurance Program is greatly underestimating the financial threat to homeowners.

A new study finds that federal flood insurance premiums underestimate flooding risks. Those risks will increase over time, according to the First Street Foundation.

As climate change increases flooding, Mass. likely to see damaged-property costs surge, report says Advocates call for plans to manage a retreat from low-lying coastal areas By David Abel Globe Staff,Updated February 22, 2021, 12:01 a.m. Email to a Friend In January 2018. the Brant Rock section of Marshfield suffered at high tide during a blizzard.John Tlumacki By mid-century, nearly 50,000 homes a year in Massachusetts will face a substantial risk of structural damage from flooding, an 11 per...

A Looming Disaster: New Data Reveal Where Flood Damage Is An Existential Threat at 9:02 pm NPR Pastor Aaron Trigg was at home when the water arrived in Rainelle. It had been raining hard all day, filling the creeks and rivers that run through southern West Virginia. In the past, such intense downpours would only last a few hours. But this storm brought wave after wave of torrential rain. "You could hear the water up in the mountains just crashing trees," Trigg remembers. Rain...

Many residents in Southwest Florida could face a significant increase in flood insurance costs under the Federal Emergency Management Agencys forthcoming Risk Rating 2.0, and those prices are expected to rise with the sea levels because of climate change. Even though the biggest change ever in how the National Flood Insurance Program calculates premiums is scheduled to take effect in just over seven months, FEMA and its recent revolving door of leaders havent shared those details with Ameri...