After being buffeted for years with criticism for encouraging irresponsible development along coastlines, the National Flood Insurance Program has begun phasing out subsidies on policies for high-risk properties.
Insurance
Climate Change, Insurance and the Coast, Part 2
Part 2 of the series takes a look at efforts undertaken by specific locales to address problems of coastal insurance in a changing climate.
Climate Change, Insurance and the Coast, part 1
Part 1 of this two-part series takes a look at the insurance industry’s efforts to address coastal climate change in their risk assessment scenarios.
State Policy Won’t Affect Insurance Rates
Contrary to what we heard coming out of the legislature the last few weeks, those in the insurance industry say the state’s policy on sea-level rise will have no affect on property or flood insurance rates.
