Elevation News to Manage Flood Risk – Noteworthy Takeaways from Athens, GA

Elevation plays a critical role in determining flood insurance rates. A couple of feet, a few documentation errors or significant omissions can make a considerable difference in the amount property owners pay for coverage or measures implemented to mitigate flood damage. In an article for the Athens News, insurance, county and commercial property representatives provide […]

Elevation News to Manage Flood Risk – Noteworthy Takeaways from Pinellas County, FL

Elevation plays a critical role in determining flood insurance rates. A couple of feet, a few documentation errors or significant omissions can make a considerable difference in the amount property owners pay for coverage or measures implemented to mitigate flood damage. In an interview with the Pinellas County Property Appraiser’s office, Tim Bryce of the […]

Elevation News to Manage Flood Risk – Noteworthy Takeaways from Miami

Elevation plays a critical role in determining flood insurance rates. A couple of feet, a few documentation errors or significant omissions can make a considerable difference in the amount property owners pay for coverage or measures implemented to mitigate flood damage. The Miami Herald’s Naked Politics FL Blog provides noteworthy takeaways that underscore the importance […]

5 Reasons Commercial Property Owners in High-risk Flood Zones Should Verify Their Classification

Commercial property owners in Federal Emergency Management Agency (FEMA)-designated high-risk flood zones have no reason to celebrate the bills moving through the United States Senate and House of Representatives to delay flood insurance rate increases. Some believe the legislation is yet another glaring example of the inequities of the National Flood Insurance Program (NFIP), which […]

Increasing Value, Capturing Savings and Managing Flood Risk – An Upscale Resort Owner’s $19 Million Dollar Story

Six years ago, the global economic crisis hit the luxury hotel and resort industry hard, like a ton of 14 carat bricks. Even the most resilient of destinations and properties were not immune to the fallout and many owners, operators and their agents sought proactive measures to protect the brand, status and investment value during […]

How Flood Zone Map Changes Impact Commercial Property Owners

Periodically, federal flood insurance maps get updated. In the aftermath of recent storms, the Federal Emergency Management Agency has been updating flood maps to reflect new risks. While the impact of federal flood insurance maps on residential properties and residential property lending is well-known, they can have an equally significant effect on commercial properties and […]