Redfin reports homebuyers are relocating to climate risky areas, despite intensifying natural disasters, as homes with high fire and flood risk sold for a premium during the pandemic.
Read More »House Passes Act to Expand Wildfire Insurance Coverage
House passage of new measure includes legislation to study the impact of wildfires, and explore more ways to protect homeowners.
Read More »Senate Committee Examines the National Flood Insurance Program
A recent Senate Banking Committee hearing discussed the impending expiration of the NFIP, a measure that provides $1.3+ trillion in coverage to nearly five million homes and businesses. What can be done to enhance the Program and ensure it continues to meet homeowners’ needs?
Read More »HUD Offers Federal Disaster Assistance to Areas of Kansas
Heavy snow and wind gusts in March damaged thousands of homes in several Kansas counties, as President Biden issues a major disaster declaration.
Read More »Bipartisan Measure Introduced to Bring Transparency to Flood Insurance Pricing
Sens. Cassidy and Gillibrand introduce the Flood Insurance Pricing Transparency Act that will require FEMA to publish the formulas used to calculate mitigation credits for policyholders under Risk Rating 2.0.
Read More »Under Threat: The Environment and America’s Rental Market
Owning a home is the gold-standard of housing security. But for those who cannot afford to buy, they rent—and as of late, the market share of renters has steadily risen in light of new housing trends that started two years ...
Read More »Managing Pipeline and Portfolio Risk Amid Accelerating Mega-Disasters
Richard Gagliano discusses the role technology plays in responding to the housing impacts of advancing climate catastrophes.
Read More »Fannie Mae Finds Opportunity to Raise Consumer Awareness About Floods
3,533 people responded to a 15-minute survey from Fannie Mae in November and December 2020 about the National Flood Insurance Program (NFIP) to better understand consumer awareness, understanding, and attitudes toward flood risk, flood insurance, and related resources. Respondents were ...
Read More »Kansas Storm Victims to Receive Federal Aid
President Biden has issued a major disaster declaration for more than 50 counties following a streak of storms throughout the Great Plains region.
Read More »HUD to Aid Victims of Hawaiian Storms
The Department will offer assistance to residents of Honolulu and Maui County after President Biden issued a major disaster declaration in mid-February.
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