Gov. Andy Beshear said fifteen people were killed after flash floods in eastern Kentucky knocked out power and destroyed homes. A flood warning was in effect in the area until after midnight, according to the National Weather Service. Heavy rain and the risk of flash flooding would continue through Friday, according to the National Weather… Continue reading Flooding in Eastern Kentury Claims 15 Lives, Destroys Homes
Tag: flood risk
NYC Homes with High Flood Risk to Receive Free Inflatable Dams
Homes in New York City at high risk of flooding will receive free inflatable dams under a new plan unveiled Thursday by Mayor Eric Adams. The plan, which is expected to cost taxpayers $2.5 million, aims to prepare city dwellers for extreme rainfall. It comes more than a month before the start of the 2022… Continue reading NYC Homes with High Flood Risk to Receive Free Inflatable Dams
Cloud to Street’s Groundbreaking Flood Mapping Technology Enables the World’s First At-Scale Parametric Flood Insurance Product
Cloud to Street (C2S), a climate adaptation technology company that provides precise, near real-time intelligence on flooding and flood risk, today announced its partnership with parametric insurance platform Raincoat and Munich Re Group to roll out the world’s first at-scale parametric flood insurance program. This is the first country-level flood parametric program with local payouts… Continue reading Cloud to Street’s Groundbreaking Flood Mapping Technology Enables the World’s First At-Scale Parametric Flood Insurance Product
NFIP Leaves Out Communities of Color, Lower-Income Americans, Report Finds
Less than 10% of the flood risk to single-family homes in America is actually insured by the national program designed to offer such protection, with communities of color and lower-income areas disproportionately less likely to be covered. That analysis, described as “a toxin sitting in the residential real estate market that will only worsen with… Continue reading NFIP Leaves Out Communities of Color, Lower-Income Americans, Report Finds
Analysis Shows 6 Million More Properties At Risk for Flooding than Government Flood Maps Show
Nearly six million properties across the U.S. have a substantial risk of flooding that isn’t disclosed by federal flood maps, according to a nonprofit research firm that released its own U.S. flood maps Monday. The maps from nonprofit First Street Foundation highlight the widespread nature of flood risk. Flooding caused about $17 billion in property… Continue reading Analysis Shows 6 Million More Properties At Risk for Flooding than Government Flood Maps Show
Hiscox Launches New FloodPlus App to Highlight Threat of Rising Sea Levels
Hiscox, the specialist global insurer, has developed a new app – FloodPlus AR – that uses Augmented Reality (AR) to illustrate the growing flood threat to coastal towns and cities from rising sea levels. The new app allows people to see how predicted sea level rises could affect Greenville, a suburb of Jersey City in… Continue reading Hiscox Launches New FloodPlus App to Highlight Threat of Rising Sea Levels
Verisk: 62M U.S. Residential Locations Are at Moderate to Extreme Flood Risk
62 million residential locations in the United States that are at moderate to extreme flood risk, according to a Verisk analysis released today. Verisk is a leading data analytics provider. The analysis, part of a new white paper titled Sizing the Personal Flood Insurance Market, estimates that reviving the private flood insurance market could generate… Continue reading Verisk: 62M U.S. Residential Locations Are at Moderate to Extreme Flood Risk