Please invest in Our Daily Planet today, by making a one time or monthly contribution.
We do not charge our readers a subscription fee for our content. We want to continue to grow our readership, particularly among millennials and public servants. Voluntary contributions from readers will help us employ interns and freelance journalists, expand our content, and reach a larger audience.
If you make a contribution of $150 or more, you will become an official “Friend of the Planet” and receive a Friend of the Planet T-shirt or water bottle.
By Natasha Lasky, ODP Staff Writer Currently, the Federal Emergency Management Agency (FEMA) provides $1.3 trillion in coverage for more than 5 million policyholders in 23,500 communities nationwide through the National Flood Insurance Program. But on October 1, the program will be overhauled to price each property’s unique flood risk while taking climate change into […]
Continue Reading 516 words
by Natasha Lasky, ODP Staff Writer This year’s Atlantic hurricane season, which begins June 1 and lasts until Nov. 30, is about to bring a higher-than-average storm formation, just like last year, according to the NOAA. The agency predicted “above normal” hurricane activity, with a 70% probability of 13 to 20 named storms. Six to […]
Continue Reading 556 wordsWe recently wrote that the Federal Emergency Management Agency (FEMA) announced a new pricing structure for its federal flood insurance program in an effort to improve the equitability of flood insurance. Disaster insurance and preparedness is a topic that is becoming an all too familiar topic as extreme weather events cause billions of dollars in […]
Continue Reading 213 words
The Federal Emergency Management Agency announced late last week a new pricing structure for its federal flood insurance program. The federal government has been subsidizing flood insurance for people in areas defined by the government as flood-prone — the new pricing takes into account the actual risk to people’s homes.
Why This Matters: The prior system was inequitable and FEMA says its new system will mean that low-income people with less valuable homes will pay only their fair share.
Continue Reading 491 words
The National Flood Insurance Program is revising its rates for flood coverage on April 1st, and to reflect current risks, and experts say they may need to quadruple. FEMA’s new risk rating system will use a model proposed by the First Street Foundation, which found that by 2050, insurance premiums on flood-risk homes would need to rise sevenfold to cover the costs of annual damage.
Why This Matters: The rising premiums create a conundrum for the Biden administration, which has promised to honor science in federal policymaking but has also pledged to address economic issues facing the working class.
Continue Reading 574 words
by Amy Lupica, ODP Staff Writer The Biden administration is planning to swiftly reallocate $10 billion in the budget of the Federal Emergency Agency’s (FEMA) in order to build anti-disaster infrastructure. The move would be the largest grant program of its kind and would be used to fund preventative measures against climate change like seawalls, elevated housing, relocation programs, […]
Continue Reading 479 wordsSubscribe to the email that top lawmakers, renowned scientists, and thousands of concerned citizens turn to each morning for the latest environmental news and analysis.
