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Exclusive: This Law Could Stem the Rising Costs of Flooding

Many properties flood over and over again—costing taxpayers billions
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The huge, hidden cost of protecting homeowners from the rising sea

Business & Finance : Ezra Klein

As sea levels rise, as much as $1.4 trillion worth of coastal property could be threatened with flooding by 2100, by one estimate. But what will it cost to protect those properties? Now comes a hint at the enormous pricetag. Accordi...

‘Europe floods to cost insurers up to $4.5bn’

Business & Finance : Business Report

Floods in central Europe last month may cost insurance companies $3.5-4.5 billion. ||| Zurich - Floods in central Europe last month may cost insurance companies $3.5-4.5 billion, only half of one previous estimate but more than was ...

Sri Lanka floods expected to cost at least $1.5 billion

Issues & Causes / Environmentalism : Reuters Environment Blog

COLOMBO (Reuters) - The cost of Sri Lanka's landslides and floods will be between $1.5 billion and $2 billion at the minimum, the government said on Monday, as the Indian Ocean island struggles to recover from its worst natural disa...

Dreading water: Should coastal communities bear the cost of future floods?

Issues & Causes / Environmentalism : Grist

Coastal residents are irate about rising flood insurance premiums. But the next time the sea crushes the coast, the taxpayers may not be able to pick up the bill.

Common Myths about Flood Insurance

Business & Finance / Mortgage & Banking : Blown Mortgage

Flood insurance is one of those mysterious things about home ownership that many people believe the wrong things about. The most common myths about flood insurance are often the ones that keep people from purchasing it and end up fo...


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