Outdated Maps, Outdated Directions
Even before the second megastorm in as many weeks brings devastating flood waters to the Southeast US, it’s already clear that federal flood-risk maps underpinning decisions by millions of American homeowners and businesses are severely out of sync with a new era of climate-intensified disasters
Tapped Out…Now What?
Some on Capitol Hill expect Milton could push the National Flood Insurance Program to the edge of what it can borrow from the Treasury, potentially forcing Congress to raise its borrowing cap or to pursue some kind of alternative funding to ensure that claims are paid.