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Posts Tagged ‘S. 2680’

Rising Seas and Worsening Storms Require Rethinking Flood and Wind Insurance

In a world with rising seas and worsening storms, we’ve got to get smarter about how and where we build along our coasts. A new UCS report released today points out that our government-backed flood and wind insurance programs are encouraging risky coastal development that exposes coastal communities to harm and creates the potential for large damage costs paid for by all taxpayers. Local examples of policies that create risk are unfortunately common too: recently, New Jersey policy makers passed a bill that would allow development on piers in coastal high hazard areas, putting more people and property in harm’s way. Read More

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