U.S. Businesses Could Face $13.5 Billion From Flood Damage Next Year
Many areas found to have the greatest vulnerability to flood damage were familiar: Florida, Louisiana and Texas.
Source: wealthmanagement.com
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Commercial real estate faces near-record costs from flood damage
The commercial real estate industry faces an intensifying threat from flooding, which is likely to lead to billions of dollars in increasing costs, a new study
Source: aol.com
Commercial real estate faces near-record costs from flood damage
The commercial real estate industry faces an intensifying threat from flooding, which is likely to lead to billions of dollars in increasing costs, a new study
Source: aol.com
Flood Insurance Costs Rise In Unlikely Areas - InsuranceNewsNet
WASHINGTON- In the past year, the southwestern Louisiana city of Lake Charles weathered two hurricanes, intense rainfall that sent water gushing down streets and a deep freeze that burst pipes. ' "said Eastman, a real estate agent whose annual policy is scheduled to climb from $600 to $2,500 over the next several years. It is a working coast in our state, "said Jim...
Source: insurancenewsnet.com
How Will FEMA's Flood Ins. Revamp Affect Me?
Most homeowners won’t see radical changes under new pricing guidance, but some may be surprised their flood coverage costs less – or maybe more.
Source: floridarealtors.org