More homeowners than ever need flood insurance. Fewer than ever can afford it.
This story was originally published by Grist. Sign up for Grist’s weekly newsletter here. This story is the second in a four-part Grist series examining how climate change is destabilizing the global insurance market. It is published in partnership with the Economic Hardship Reporting Project. For millennia, the South has been shaped by its water.
A lapse in the NFIP, which would disrupt thousands of real estate transactions a day, was only avoided by a temporary 45-day extension. In the meantime, a slew of major disasters this summer had depleted FEMA’s Disaster Relief Fund, running the agency into debt and forcing it to restrict its activities in August.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
In March 1938, the Catastrophic LA River Flood Devastated Los AngelesIn March 1938, two storm systems that lashed Southern California with record breaking rain triggered one of the worst floods in the region's history and pushed…
Baca lebih lajut »
Cardano (ADA) Primed for 25% Gain If This Happens: DetailsCardano steadily rising
Baca lebih lajut »
Tesla Stock Will Trade 'Sideways At Best' Until This Happens.Shares of the EV maker could trade 'sideways' as investors wait for margins to recover.
Baca lebih lajut »
Explainer-New Zealand voted for change, what happens now?Explainer-New Zealand voted for change, what happens now?
Baca lebih lajut »
‘Gladiator’ Ending Explained: What Happens to Maximus?Gladiator, one of the most epic sword and sandals movies ever, has a very definitive ending. But what does it all mean?
Baca lebih lajut »
Now that LA County courts have eliminated cash bail for most offenses, what happens next?Court officials say early results of the 2-week-old policy are encouraging, but law enforcement critics insist it will compromise public safety.
Baca lebih lajut »