FEMA flood insurance program faces dual existential threats
The National Flood Insurance Program is up against another deadline for renewal while a lawsuit from 10 states takes aim at its proposed pricing change. Continue reading
The National Flood Insurance Program is up against another deadline for renewal while a lawsuit from 10 states takes aim at its proposed pricing change. Continue reading
Insurance as a hot-button issue is likely not going away anytime soon. Unfortunately, as long as Mother Nature is in control, agents, buyers and sellers need to be more proactive than ever, broker Cara Ameer writes. Continue reading
The clean up and repair work that remains in Hurricane Ida’s aftermath is overwhelming for many, and investors who have rental properties that have been impacted will want to ensure their renters are treated with care. Continue reading
Miami Agent Nick Quay argued Thursday that real estate professionals can thrive by helping their clients understand how climate change will impact them. Continue reading
Real estate experts see massive amounts of change — some exciting and some challenging — coming to the industry in the decades ahead. Continue reading
New research shows that real estate markets in flood-prone areas rebound fairly quickly after being run over by rising water. Continue reading
Climate change poses a significant threat to the real estate industry, which has been slow to adopt standards to deal with the rising threat, according to a study published this week by the Urban Land Institute, a nonprofit education and research insti… Continue reading
Federal officials are reportedly exploring a new flood insurance reform plan that would rely more heavily on data, potentially offering homeowners more transparency about the risks they face while also driving up rates in some areas. Continue reading
In a nutshell, it sets a minimum bar for private insurance policies; if the policies meet those requirements, lenders who require flood insurance will have to accept them. Continue reading
The Federal Emergency Management Agency ruled Thursday it will not approve new or renew existing flood insurance plans during the government shutdown. Continue reading