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Floods and Flooding
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The Obama Administration is expected to seek an additional $4.025 billion for the National Flood Insurance Program (NFIP), which currently has borrowed $20.775 billion.
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Losses from Hurricane Sandy are expected to be between $6 billion and $12 billion, more than FEMA's current borrowing capacity of $2.9 billion.
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While the passage of flood insurance is good news, reforms mean practitioners will need to come up to speed on changes.
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The Institute of Real Estate Management's new book has some great ideas on how to prepare any building for any disaster in striking range.
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As residents of the East Coast begin to pick up the pieces in the aftermath of Hurricane Sandy, the REALTORS® Relief Foundation is on hand, collecting donations for victims of the storm.
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The dock that Kate Koplinka grew up crabbing off of in Mastic Beach, Long Island, New York, vanished beneath the wind and flood waters of Hurricane Sandy this week.
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As Hurricane Sandy threatening the Atlantic Coast in what's being dubbed as "Frankenstorm," many home owners are asking themselves: Have I done enough to disaster-proof my home?
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In its recent report Disaster Resiliency: A National Imperative, the NRC recommends investment in risk reduction through insurance and other financial instruments that enhance resilience by encouraging mitigation of properties and infrastructure.
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As Florida residents clean up in the aftermath of Tropical Storm Debby, many more Americans can anticipate flooding and damage during this year's hurricane season. HouseLogic.com , the award-winning comprehensive website for home owners from the National Association of Realtors®, offers valuable resources and information to help residents clean up after floods.
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(Updated September 2012)
Do you need flood insurance? Hurricanes and heavy rains can cause floods in flood prone areas, and regular insurance does not cover flood damage. Are you in a flood plain? (K. Janisch, Information Specialist)