If you purchase real estate in a flood plain and obtain a mortgage, you will be required to purchase flood insurance. Roy Wright oversees the Federal Emergency Management Agency’s (FEMA) National Flood Insurance Program. In a presentation to the Insurance-& Risk-Linked Securities Conference, Wright said to forget about checking the flood plain maps and check […]
Tag Archives: Florida
Floridians: You’re At Risk of Flooding
Posted in Environment, Finance, Global Warming, Government, Science
Also tagged climate change, FEMA, flood insurance, flood plain, flooding, real estate
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Billion People Face Global Flooding
The BBC reports, a British aid charity is warning that by 2060 more than a billion people worldwide will live in cities at risk of catastrophic flooding as a result of climate change. A study by Christian Aid says the US, China and India are among the countries most threatened. It says the Indian cities […]
Posted in Environment, Global Warming, Science
Also tagged climate change, extreme weather events, flooding
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