Emerging “Extreme Heat Belt” to Impact Over 107 Million Americans by 2053

climate change, low angle view Thermometer on blue sky with sun shining in summer show increase temperature, concept global warming

First Street Foundation last week eleased their peer-reviewed extreme heat model along with the implications highlighted in The 6th National Risk Assessment: Hazardous Heat. The report identifies the impact of increasing temperatures at a property level, and how the frequency, duration, and intensity of extremely hot days will change over the next 30 years from… Continue reading Emerging “Extreme Heat Belt” to Impact Over 107 Million Americans by 2053

Nearly 80 Million U.S. Properties Face Wildfire Risk, New Study Says

Natural disasters and homeowners insurance

Nonprofit research firm First Street Foundation released its own wildfire risk model Monday, citing that nearly 80 million U.S. residential and commercial properties face some risk of wildfire damage in the next 30 years. According to Matthew Eby, executive director of the nonprofit First Street Foundation, the model is the first attempt to make property-level… Continue reading Nearly 80 Million U.S. Properties Face Wildfire Risk, New Study Says

American Businesses Will Lose More than 3.1 Million Days of Operation from Flooding Next Year

Miami Florida cityscape skyline with concept of sea level rise and major flooding from warming or hurricane damage

A new report from First Street Foundation and global engineering and consulting firm Arup provides new insights for communities at risk of flooding. While previous studies by First Street Foundation have provided flood risk data for individual homeowners, this report offers a data-driven assessment of flood-related risks on the commercial market. Titled “The 4th National… Continue reading American Businesses Will Lose More than 3.1 Million Days of Operation from Flooding Next Year

One-Quarter of the Nation’s Roads in Peril Against Flooding, Report on Infrastructure Risk Says

Motorists drive through water on a flooding highway

Almost a quarter of the nation’s roads and other critical infrastructure — from hospitals to police and fire stations to wastewater treatment plants — are at risk of becoming overcome by climate change-exacerbated flooding, a new report from the nonprofit First Street Foundation finds. The report examines risk over the next three decades, including every… Continue reading One-Quarter of the Nation’s Roads in Peril Against Flooding, Report on Infrastructure Risk Says

Study Finds that Floridians Are Underpaying for Flood Insurance

Miami Skyline with palm trees

If you live in Florida, you should probably be paying more for flood insurance. And you likely will be soon. That first finding is the conclusion of a new analysis by First Street Foundation, a nonprofit research group focused on climate impacts on property value, which found that the majority of Floridians face a higher… Continue reading Study Finds that Floridians Are Underpaying for Flood Insurance