• Metro East REIA

FEMA to Add Climate Change Data to National Flood Insurance Program

CNBC is reporting that, starting October 1, FEMA will be factoring in the impact & risks of so-called climate change as part of a complete overhaul to make insurance pricing more accurately reflect each property’s unique flood risk. Citing data from a United Nations report, CNBC says hurricanes are becoming stronger, rainfall heavier and flood risk higher. Continue reading HERE...

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