FEMA Issues Latest Update to Flood Risk Analysis and Mapping Standards FEMA’s Federal Insurance and Mitigation Administration updated the Guidance and Standards that it uses in its flood mapping and risk analysis efforts.There are six revised standards, three new standards and one rescinded standard in this maintenance cycle in addition to a number of updated…
From USA TODAY FEMA’s National Flood Insurance Program is the nation’s main flood insurer, created by law in 1968 as private companies stopped covering flood damage. The program insures 5.6 million properties nationwide and aims to be self-sustaining by paying claims from premiums it collects. Instead it’s running deeply in the red. A major reason,…
