The Insurance Institute for Business & Home Safety examined building policies in 18 Atlantic and Gulf Coast states and found that despite the increasing severity of natural disasters, many of those states have relaxed their approach to codes — or have yet to impose any whatsoever.
For a program that already was $25 billion in debt, the added burden spotlighted just how precarious the future may be for the federally funded program.
For a program that already was $25 billion in debt, the added burden spotlighted just how precarious the future may be for the federally funded program.
A report released by the National Institute of Building Sciences found that every $1 the federal government spends on mitigation projects reduces future costs by an average of $6.
A report released by the National Institute of Building Sciences found that every $1 the federal government spends on mitigation projects reduces future costs by an average of $6.
The measure, passed 82-17, gives Puerto Rico access to $4.9 billion in low-interest Treasury loans and would also replenish the troubled National Flood Insurance Program, which runs out of money as early as this week.