Flood Risk News & Notes: Rates, Maps, Regulatory and Elevation Matters

From the headlines to your bottom line, this edition of Flood Risk News & Notes includes another extension of the National Flood Insurance Program (NFIP); an increase in flood insurance premium rates; flood map changes in more than 70 communities around the country; and a reminder about elevation certificates. Below you will find a summary […]

November 2017 Flood Map Updates

November 2017 Flood Map Updates

On November 3, 2017, the Federal Emergency Management Agency (FEMA) released revised flood insurance rate maps for select communities in three states: New York, Pennsylvania, and Iowa. The new maps place many homes and buildings in a Special Flood Hazard Area (SFHA), also known as a high-risk flood zone. A flood map reflects a geographic […]

A Small Business Property Owner and the Bureaucratic Red Tape of FEMA

This is a cautionary tale of the bureaucratic red tape for commercial property owners subject to the imposition of flood insurance requirements. It is a story we are following out of Snohomish County, Washington. It can happen anywhere due to the Federal Emergency Management Agency’s (FEMA) updated policies requiring buildings in flood zones to comply […]