In a continued commitment to combat the effects of climate change, HUD has allocated $1.447 billion in grants to communities nationwide impacted by natural disasters in 2021.
Read More »Flood Risk Becoming More Prominent Industry Concern?
Areas with a higher risk of flooding are seeing an increase in the rate of mortgage application denials and withdrawals, while risks associated with other climate events are having little impact on mortgage lending in those areas.
Read More »$29B in Claims Denied After Severe Storms
Over the last five years, nearly $30 billion in storm and disaster related claims were not paid out by insurers, a number expected to rise as climate-related disasters become more common.
Read More »Government Regulators Make Progress in Addressing Climate-Related Risks
A brand-new scorecard, researched and released by Ceres, shows that federal financial regulators are taking numerous and broad steps to tackle the financial risks of climate change, as outlined by the Biden Administration, in a “clear sign” of regulatory process ...
Read More »HUD Distributes Nearly $3B in Disaster Recovery Funds
Ten local governments and 13 state governments share in $3 billion to strengthen recovery efforts and improve inclusive resilience to future disasters and climate impacts.
Read More »Examining Climate’s Impact on Migration
A new study has found that more are factoring natural disasters in their decision-making process when it comes to moving.
Read More »Natural Disasters are Pushing Up Insurance Rates
Natural disasters occurred in every state over the course of 2020 in the tunes of thousands of these events sprinkled across the states. While one would expect California or Florida to lead in the amount of natural disasters that occur every year, though in reality the states with the highest ...
Read More »The Week Ahead: Analyzing Risk in Seismic Zones
An upcoming webinar will discuss the issues faced by those assessing risk and insurance obstacles homeowners face in areas prone to earthquakes.
Read More »Examining Climate Risks and Financial Stability
A new report by the Financial Stability Oversight Council has identified 30 specific recommendations that financial regulators can take to identify and address climate-related risks to the financial system.
Read More »HUD Dedicates $2B+ Toward Disaster Recovery Efforts
Federal financial assistance will be shared among 10 states, as the Biden Administration continues to seek long-term solutions related to climate change issues.
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