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What timing. The National Flood Insurance Program received temporary re-authorization last night by the U.S. Senate. The vote puts the NFIP back in business until September 30. This is good timing for those along the coast as the storm season has kicked into gear with hurricane Alex now battering the coast of Mexico and south [...]
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We’re back with another installment of the RiskCast. Listen to the staff of Risk Management magazine discuss newsworthy events. Topics covered include animal extinction, cosmic rays as the source of Toyota’s problems and the wide world of floods and flood insurance. This RiskCast is especially amusing because Editor in Chief Morgan O’Rourke is angrier than [...]
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As Claire Wilkinson of the III brought to my attention the other day, a new study from the Institute for Business & Home Safety has revealed some disturbing realities about how vulnerable the Gulf Coast remains to flood risk. The study details the destruction that Hurricane Ike cause last year. According to the report: it [...]
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