FEMA’s NFIP overhaul begins October 1st.

FEMA’s National Flood Insurance Program (NFIP) will undergo a massive overhaul this October, marking the most substantive change since 1968. With the IPCC’s report on climate change last week, risk and insurance professionals have an imperative to reevaluate and adjust their property risk strategies in the coming months.

#risktech #insurtech #riskmanagement #climaterisk

https://www.cnbc.com/2021/08/17/fema-overhauls-national-flood-insurance-program-for-climate-change.html

Related Posts

According to this recent article in Insurance Journal, companies are trying to figure out how to

Cyclone Gabrielle brought heavy winds and rain to New Zealand in February of 2023. According to

AMRAE 2024 has been a productive and enjoyable conference for MAPTYCS®. We have been catching up

While property rate increases may be slowing, CAT exposed property continues to drive premiums higher for

With an escalation in natural disaster events, property insurance costs have been increasing. As a result,

We are happy to announce that Noah Barrengos has joined our MAPTYCS® team as a Client

The World Economic Forum Global Risk Report 2024, ranks extreme weather events in 2nd place on

As we celebrate the New Year a massive earthquake hit Japan triggering tsunami alerts in the

With climate change and the acceleration of natural disasters, property risks identification and mitigation are key

Delighted to announce that we are featured in InsTech’s report “Beyond the smoke: Understanding and mitigating

We recently implemented a customizable Dashboard with dynamic indicators and widgets to display the essentials of

Risk Managers use Maptycs, our geospatial property risk management platform, to get real-time access to risk