Flood losses often come every five to 20 years; here's how insurance could adapt

The U.S. National Flood Insurance Program is going broke. Increased flood strikes in more places, combined with outdated ways ...
WVEC

What if a Category 3 hurricane hit Hampton Roads? New study says damage could cost $15B.

NORFOLK, Va. — A major hurricane hasn't hit Hampton Roads in more than 150 years. But if a Category 3 storm were to make landfall, it could cost the region $15.6 billion in damages and wipe out more ...
WUNC

FEMA floodplains determine who must get insurance. NC's are insufficient

North Carolinians are no strangers to flooding. As Helene and Chantal showed, that's true for more than just coastal counties. But a new study found that more than 40% of properties that have flooded ...
Santa Rosa Press Democrat

Sonoma County flood-map update could ease insurance burden for many, add risk for some

After years of back and forth, new flood maps with major implications for property owners’ land values, insurance rates and building costs along a watershed stretching from Santa Rosa to Rohnert Park ...
Orange County Register

Poorer Americans dropped federal flood insurance when rates rose

When the US Federal Emergency Management Agency overhauled rates for millions of homeowners in the National Flood Insurance Program (NFIP), in 2021, the goal was to end decades of underpricing and to ...