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...
FEMA to Add Climate Change Data to National Flood Insurance Program
Metro East REIA
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