The New York Times continued the national coverage of flood insurance (see the WSJ last week) on the weekend with a long-form piece on The Woodlands. Their writers (John Schwartz, James Glanz, and Andrew Lehren) went deep on a family who bought their home in The Woodlands in 2011, with the reassurance from the builder that the house was definitely out of the “flood zone”.
Topics: Flood Modeling, Flood Risk, Houston
It is time to name a 21st century phenomenon by which bad news or possibilities are blown out of proportion. Examples would be self-diagnosis on the web (by which sniffles can turn into brain cancer), or the appearance that events in the news are worse than they actually are. Maybe we could call it “Negativity Amplification”. We could even look at Harvey to explore it.
Topics: Flood Modeling, Flood Risk, Insurance Protection Gap, Houston
Inevitably, let’s check out Houston and Harvey. It’s not the first time we have looked at Houston (or the second, third, or fourth), because Harris County is the flooding capital of the Americas. Forget about 500 year flood zones – Houston has 6 month flood zones.
Topics: Floods, Flood Insurance, Flood Risk, FEMA, Houston
Last week, the President introduced an initiative to streamline the regulatory process around federal infrastructure construction projects (read about it here, or here). As introductions go, it was not exactly textbook, so maybe “released” is a better term than “introduced”.
Topics: Flood Insurance, Flood Risk, NFIP
Here we are in the dog days of summer, and because we can’t just write about wildfires every week it’s time for the Top 3 posts from Q2.
Topics: Natural Hazard Risk, Flood Insurance, Flood Risk, Flood News
Welcome to The Risks of Hazard, brought to you by Intermap Technologies®. From the latest industry news and trends, to insight from thought leaders around the globe, stay tuned for a variety of content aimed at helping you better understand the role of location-based intelligence in the world of insurance underwriting and risk assessment.
To see how Intermap delivers analytics tailored to your underwriting, visit our InsitePro page.